KCG Holdings Inc. Has $118,000 Position in JAKKS Pacific, Inc. (JAKK)
KCG Holdings Inc. boosted its stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) by 48.9% during the first quarter, Holdings Channel reports. The institutional investor owned 21,381 shares of the company’s stock after buying an additional 7,023 shares during the period. KCG Holdings Inc.’s holdings in JAKKS Pacific were worth $118,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of the stock. Stifel Financial Corp boosted its position in JAKKS Pacific by 2.9% in the first quarter. Stifel Financial Corp now owns 28,401 shares of the company’s stock valued at $155,000 after buying an additional 800 shares in the last quarter. Hancock Holding Co. boosted its position in JAKKS Pacific by 62.7% in the first quarter. Hancock Holding Co. now owns 31,345 shares of the company’s stock valued at $172,000 after buying an additional 12,085 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in JAKKS Pacific during the fourth quarter valued at about $177,000. Lazard Asset Management LLC purchased a new position in JAKKS Pacific during the first quarter valued at about $271,000. Finally, KBC Group NV boosted its position in JAKKS Pacific by 92.1% in the first quarter. KBC Group NV now owns 59,895 shares of the company’s stock valued at $329,000 after buying an additional 28,719 shares in the last quarter. Hedge funds and other institutional investors own 66.44% of the company’s stock.
JAKKS Pacific, Inc. (NASDAQ JAKK) remained flat at $3.55 during trading on Thursday. The company’s stock had a trading volume of 8,011 shares. JAKKS Pacific, Inc. has a 52 week low of $3.15 and a 52 week high of $9.75. The stock has a 50 day moving average price of $3.73 and a 200-day moving average price of $4.65. The company’s market cap is $76.73 million.
JAKKS Pacific (NASDAQ:JAKK) last released its earnings results on Tuesday, July 25th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by $0.45. JAKKS Pacific had a negative net margin of 1.76% and a negative return on equity of 7.07%. The business had revenue of $119.57 million during the quarter, compared to analyst estimates of $134.02 million. During the same period last year, the business posted ($0.27) EPS. JAKKS Pacific’s revenue was down 15.2% compared to the same quarter last year. Equities analysts forecast that JAKKS Pacific, Inc. will post $0.17 earnings per share for the current year.
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Several equities analysts recently issued reports on JAKK shares. TheStreet cut shares of JAKKS Pacific from a “c-” rating to a “d+” rating in a research note on Tuesday, July 25th. Zacks Investment Research upgraded shares of JAKKS Pacific from a “strong sell” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets reiterated a “hold” rating and issued a $6.00 target price on shares of JAKKS Pacific in a research note on Thursday, July 13th. Stifel Nicolaus reiterated a “hold” rating and issued a $5.50 target price on shares of JAKKS Pacific in a research note on Monday, July 10th. Finally, Jefferies Group LLC started coverage on shares of JAKKS Pacific in a research report on Thursday, June 8th. They set a “hold” rating and a $4.50 price objective for the company. Eight investment analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $5.46.
In other JAKKS Pacific news, CEO Stephen G. Berman bought 10,000 shares of JAKKS Pacific stock in a transaction on Monday, August 7th. The stock was bought at an average price of $3.40 per share, with a total value of $34,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 5.20% of the stock is currently owned by company insiders.
About JAKKS Pacific
JAKKS Pacific, Inc is a multi-line, multi-brand toy company. The Company designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products. The Company operates through two business segments: traditional toys and electronics, and role play, novelty and seasonal toys.
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