LSV Asset Management Has $2.40 Million Holdings in JAKKS Pacific, Inc. $JAKK

LSV Asset Management decreased its holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK) by 27.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 128,200 shares of the company’s stock after selling 49,480 shares during the quarter. LSV Asset Management’s holdings in JAKKS Pacific were worth $2,401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JAKK. Gratia Capital LLC purchased a new stake in shares of JAKKS Pacific in the second quarter worth approximately $3,116,000. AQR Capital Management LLC grew its holdings in JAKKS Pacific by 67.9% during the first quarter. AQR Capital Management LLC now owns 140,666 shares of the company’s stock worth $3,470,000 after buying an additional 56,873 shares in the last quarter. Qube Research & Technologies Ltd raised its position in JAKKS Pacific by 74.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 118,411 shares of the company’s stock valued at $2,461,000 after buying an additional 50,344 shares during the last quarter. Lazard Asset Management LLC raised its position in JAKKS Pacific by 401.6% in the 2nd quarter. Lazard Asset Management LLC now owns 54,474 shares of the company’s stock valued at $1,131,000 after buying an additional 43,613 shares during the last quarter. Finally, SummerHaven Investment Management LLC bought a new position in JAKKS Pacific during the 3rd quarter valued at $777,000. 44.38% of the stock is owned by institutional investors.

JAKKS Pacific Price Performance

Shares of JAKKS Pacific stock opened at $17.40 on Tuesday. JAKKS Pacific, Inc. has a 1 year low of $14.86 and a 1 year high of $35.79. The firm has a market cap of $196.10 million, a PE ratio of 35.51 and a beta of 1.61. The stock has a fifty day moving average price of $17.79 and a 200-day moving average price of $17.68.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of JAKKS Pacific from a “sell” rating to a “hold” rating in a research note on Sunday, November 9th. Zacks Research cut shares of JAKKS Pacific from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

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.