8,175 Shares in JAKKS Pacific, Inc. (NASDAQ:JAKK) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,175 shares of the company’s stock, valued at approximately $230,000. Proficio Capital Partners LLC owned approximately 0.07% of JAKKS Pacific at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Philosophy Capital Management LLC bought a new stake in JAKKS Pacific during the third quarter worth approximately $7,105,000. Geode Capital Management LLC grew its position in JAKKS Pacific by 6.9% in the third quarter. Geode Capital Management LLC now owns 198,146 shares of the company’s stock worth $5,057,000 after buying an additional 12,809 shares during the last quarter. State Street Corp grew its position in JAKKS Pacific by 4.2% in the third quarter. State Street Corp now owns 148,012 shares of the company’s stock worth $3,777,000 after buying an additional 5,901 shares during the last quarter. Portolan Capital Management LLC acquired a new position in JAKKS Pacific in the third quarter worth approximately $2,787,000. Finally, Bank of New York Mellon Corp grew its position in JAKKS Pacific by 1.5% in the fourth quarter. Bank of New York Mellon Corp now owns 57,989 shares of the company’s stock worth $1,632,000 after buying an additional 831 shares during the last quarter. Institutional investors own 44.38% of the company’s stock.

JAKKS Pacific Stock Performance

JAKKS Pacific stock opened at $25.27 on Wednesday. The firm has a market cap of $281.66 million, a price-to-earnings ratio of 8.40 and a beta of 2.15. JAKKS Pacific, Inc. has a 1 year low of $17.06 and a 1 year high of $35.79. The firm’s 50 day moving average price is $29.27 and its two-hundred day moving average price is $27.54.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.83). The business had revenue of $130.74 million during the quarter, compared to analyst estimates of $131.07 million. JAKKS Pacific had a return on equity of 15.87% and a net margin of 5.10%. As a group, equities analysts predict that JAKKS Pacific, Inc. will post 3.52 EPS for the current fiscal year.

JAKKS Pacific Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 3rd will be given a dividend of $0.25 per share. The ex-dividend date is Monday, March 3rd. JAKKS Pacific’s payout ratio is 33.22%.

About JAKKS Pacific

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.