Thompson Siegel & Walmsley LLC Takes $5.49 Million Position in JAKKS Pacific, Inc. $JAKK

Thompson Siegel & Walmsley LLC acquired a new position in JAKKS Pacific, Inc. (NASDAQ:JAKK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 325,466 shares of the company’s stock, valued at approximately $5,494,000. Thompson Siegel & Walmsley LLC owned 2.89% of JAKKS Pacific at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JAKK. Hantz Financial Services Inc. bought a new stake in shares of JAKKS Pacific in the 3rd quarter valued at about $25,000. State of Alaska Department of Revenue purchased a new position in shares of JAKKS Pacific in the fourth quarter worth $32,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in JAKKS Pacific in the 3rd quarter worth $46,000. Quarry LP purchased a new position in shares of JAKKS Pacific in the third quarter worth about $51,000. Finally, BNP Paribas Financial Markets raised its position in JAKKS Pacific by 155.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,072 shares of the company’s stock worth $64,000 after buying an additional 1,871 shares during the last quarter. Hedge funds and other institutional investors own 44.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on JAKK. Wall Street Zen cut shares of JAKKS Pacific from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Zacks Research downgraded JAKKS Pacific from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, JAKKS Pacific has a consensus rating of “Reduce”.

JAKKS Pacific Stock Performance

JAKK opened at $21.83 on Tuesday. JAKKS Pacific, Inc. has a one year low of $14.86 and a one year high of $24.45. The business’s 50-day simple moving average is $21.64 and its 200-day simple moving average is $19.38. The company has a market cap of $249.74 million, a P/E ratio of 31.64 and a beta of 1.47.

JAKKS Pacific (NASDAQ:JAKK) last issued its earnings results on Thursday, April 30th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.27. The company had revenue of $106.68 million during the quarter, compared to analysts’ expectations of $103.80 million. JAKKS Pacific had a net margin of 1.41% and a return on equity of 3.26%. As a group, analysts predict that JAKKS Pacific, Inc. will post 1.42 earnings per share for the current fiscal year.

JAKKS Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, May 29th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, May 29th. JAKKS Pacific’s payout ratio is 144.93%.

About JAKKS Pacific

JAKKS Pacific, Inc (NASDAQ: JAKK) is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.

The company’s Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.