<div id="readability-page-1"><p>LSV Asset Management reduced its stake in  JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 16.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 177,680 shares of the company's stock after selling 34,700 shares during the period. LSV Asset Management owned 1.62% of JAKKS Pacific worth $5,002,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>JAKKS Pacific</strong> alerts:</span></p></div><ul><li>Game On: Hasbro Stock Spikes with EPS Win and Inventory Play</li></ul><p>A number of other institutional investors have also modified their holdings of the stock. Monimus Capital Management LP purchased a new stake in shares of  JAKKS Pacific in the fourth quarter valued at approximately $6,189,000.  JPMorgan Chase &amp; Co. raised its position in  JAKKS Pacific by 2,093.3% during the 4th quarter. JPMorgan Chase &amp; Co. now owns 76,062 shares of the company's stock valued at $2,141,000 after purchasing an additional 72,594 shares in the last quarter.  Pacific Ridge Capital Partners LLC lifted its holdings in shares of  JAKKS Pacific by 23.8% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 285,778 shares of the company's stock worth $8,045,000 after buying an additional 54,899 shares during the period.  Evernest Financial Advisors LLC bought a new position in shares of  JAKKS Pacific during the 4th quarter worth $1,437,000.  Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of  JAKKS Pacific during the fourth quarter valued at $1,300,000. 44.38% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In related news, major shareholder Lawrence I. Rosen acquired 15,165 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average cost of $25.99 per share, for a total transaction of $394,138.35. Following the purchase, the insider now directly owns 1,900,837 shares of the company's stock, valued at $49,402,753.63. This trade represents a 0.80 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own  3.50% of the company's stock. </p><h2>JAKKS Pacific Price Performance</h2><ul><li>3 2021 Winners to Ride Out the Year With </li></ul><p>JAKK stock opened at $18.53 on Monday. JAKKS Pacific, Inc. has a 1-year low of $17.06 and a 1-year high of $35.79. The business has a 50-day moving average price of $26.58 and a 200 day moving average price of $27.29. The company has a market capitalization of $206.54 million, a P/E ratio of 6.16 and a beta of 1.87. </p><p>JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.83). JAKKS Pacific had a return on equity of 15.87% and a net margin of 5.10%. The business had revenue of $130.74 million during the quarter, compared to analysts' expectations of $131.07 million.  On average, analysts anticipate that  JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year. </p><h2>JAKKS Pacific Dividend Announcement</h2><ul><li>JAKKS Pacific Stock is Recovering</li></ul><p>The business also recently announced a -- dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were given a dividend of $0.25 per share. The ex-dividend date  was Monday, March 3rd. JAKKS Pacific's dividend payout ratio (DPR) is presently 33.22%. </p><h2>JAKKS Pacific Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than JAKKS Pacific</li><li>The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number</li><li>Is McDonald’s Stock Serving a Value Meal to Investors? </li><li>What is the MACD Indicator and How to Use it in Your Trading</li><li>Walgreens Comeback? Private Equity Circling for a Buyout</li><li>How to Calculate Options Profits</li><li>Coca-Cola Stock Looks Refreshing After the Relief Rally </li></ul><p><strong>Want to see what other hedge funds are holding JAKK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SkFLSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SkFLSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in JAKKS Pacific Right Now?</h2><p>Before you consider JAKKS Pacific, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JAKKS Pacific wasn't on the list.</p><p>While JAKKS Pacific currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

JAKK

<p>LSV Asset Management has reduced its stake in JAKKS Pacific, Inc. (NASDAQ:JAKK) by 16.3%, selling 34,700 shares during the fourth quarter, according to a recent SEC filing. After the sale, LSV owns 177,680 shares valued at approximately $5 million. Other institutional investors have also adjusted their holdings, with notable increases from JPMorgan Chase & Co. and Pacific Ridge Capital Partners. JAKKS Pacific's stock opened at $18.53, with a market cap of $206.54 million and a P/E ratio of 6.16. The company recently announced a dividend of $0.25 per share.</p>

LSV Asset Management Sells 34,700 Shares of JAKKS Pacific, Inc. (NASDAQ:JAKK)