JAKKS Pacific (NASDAQ:JAKK) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of JAKKS Pacific (NASDAQ:JAKKGet Rating) from a buy rating to a hold rating in a report published on Monday morning.

Several other research analysts have also issued reports on JAKK. Ascendiant Capital Markets dropped their price objective on JAKKS Pacific to $30.00 in a research note on Tuesday, November 15th. TheStreet raised shares of JAKKS Pacific from a c rating to a b rating in a report on Wednesday, February 1st. Finally, Jefferies Financial Group upgraded shares of JAKKS Pacific from a hold rating to a buy rating and boosted their price target for the company from $20.00 to $23.00 in a research report on Thursday, January 12th.

JAKKS Pacific Trading Down 2.0 %

JAKK stock opened at $14.52 on Monday. The company has a current ratio of 1.59, a quick ratio of 1.12 and a debt-to-equity ratio of 0.28. The firm has a market cap of $141.13 million, a P/E ratio of 1.63 and a beta of 2.19. JAKKS Pacific has a 1-year low of $10.65 and a 1-year high of $27.87. The business’s 50 day moving average is $19.90 and its 200-day moving average is $19.59.

Institutional Trading of JAKKS Pacific

Several large investors have recently made changes to their positions in the business. UBS Group AG lifted its position in JAKKS Pacific by 357.8% during the 4th quarter. UBS Group AG now owns 1,401 shares of the company’s stock worth $25,000 after buying an additional 1,095 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of JAKKS Pacific during the fourth quarter worth approximately $26,000. Quantbot Technologies LP bought a new stake in shares of JAKKS Pacific during the third quarter valued at approximately $110,000. Royal Bank of Canada acquired a new stake in shares of JAKKS Pacific in the third quarter valued at approximately $165,000. Finally, Janney Montgomery Scott LLC bought a new position in JAKKS Pacific in the 3rd quarter worth approximately $207,000. Institutional investors own 42.93% of the company’s stock.

JAKKS Pacific Company Profile

(Get Rating)

JAKKS Pacific, Inc engages in the design, development, and sale of toys, consumables, electronics, kids indoor and outdoor furniture, and other consumer products. It operates through the following business segments: Toys and Consumer Products and Halloween. The Toys and Consumer Products segment includes action figures, vehicles, play sets, plush products, dolls, electronic products, construction toys, infant and pre-school toys, child-sized and hand held role play toys and everyday costume play, foot to floor ride-on vehicles, wagons, novelty toys, seasonal and outdoor products, kids indoor and outdoor furniture, and related products, and makeup and skincare products.

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