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

StockNews.com lowered shares of JAKKS Pacific (NASDAQ:JAKK – Get 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

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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.