Sapient Capital LLC Makes New $468,000 Investment in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Sapient Capital LLC purchased a new stake in JAKKS Pacific, Inc. (NASDAQ:JAKK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,166 shares of the company’s stock, valued at approximately $468,000. Sapient Capital LLC owned 0.13% of JAKKS Pacific as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new stake in JAKKS Pacific in the 3rd quarter valued at approximately $86,000. SG Americas Securities LLC acquired a new stake in shares of JAKKS Pacific in the fourth quarter worth $192,000. Barclays PLC increased its position in JAKKS Pacific by 280.4% during the third quarter. Barclays PLC now owns 10,485 shares of the company’s stock worth $195,000 after acquiring an additional 7,729 shares during the period. Russell Investments Group Ltd. raised its stake in JAKKS Pacific by 37.1% during the 4th quarter. Russell Investments Group Ltd. now owns 5,522 shares of the company’s stock valued at $196,000 after purchasing an additional 1,494 shares during the last quarter. Finally, Denali Advisors LLC bought a new stake in JAKKS Pacific in the 4th quarter valued at $203,000. 44.38% of the stock is currently owned by institutional investors and hedge funds.

JAKKS Pacific Stock Performance

Shares of JAKK stock opened at $18.69 on Monday. The firm has a fifty day moving average of $23.74 and a 200-day moving average of $28.02. The stock has a market cap of $201.85 million, a price-to-earnings ratio of 6.87 and a beta of 2.39. JAKKS Pacific, Inc. has a 52-week low of $15.30 and a 52-week high of $36.84.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Wednesday, April 24th. The company reported ($1.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.43) by ($0.91). The business had revenue of $90.08 million during the quarter, compared to analyst estimates of $104.12 million. JAKKS Pacific had a return on equity of 18.85% and a net margin of 4.29%. On average, sell-side analysts predict that JAKKS Pacific, Inc. will post 3.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. TheStreet lowered shares of JAKKS Pacific from a “b” rating to a “c+” rating in a research report on Friday, March 1st. Ascendiant Capital Markets cut their price target on JAKKS Pacific from $41.00 to $38.00 and set a “buy” rating for the company in a report on Monday, April 1st. Finally, StockNews.com lowered JAKKS Pacific from a “buy” rating to a “hold” rating in a report on Friday, April 26th.

JAKKS Pacific Profile

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.