Johnson Outdoors Inc. (NASDAQ:JOUT) Shares Sold by Dean Capital Management

Dean Capital Management cut its position in Johnson Outdoors Inc. (NASDAQ:JOUTFree Report) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,149 shares of the company’s stock after selling 458 shares during the quarter. Dean Capital Management owned approximately 0.13% of Johnson Outdoors worth $702,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JOUT. SG Americas Securities LLC acquired a new stake in shares of Johnson Outdoors in the 4th quarter valued at about $101,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Johnson Outdoors in the 3rd quarter valued at about $239,000. Jump Financial LLC acquired a new stake in Johnson Outdoors during the 3rd quarter worth approximately $279,000. New York State Common Retirement Fund grew its stake in shares of Johnson Outdoors by 29.4% in the 3rd quarter. New York State Common Retirement Fund now owns 7,432 shares of the company’s stock valued at $406,000 after purchasing an additional 1,690 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of Johnson Outdoors by 35.9% in the 3rd quarter. Acadian Asset Management LLC now owns 7,723 shares of the company’s stock valued at $420,000 after purchasing an additional 2,039 shares during the last quarter. 64.05% of the stock is owned by institutional investors and hedge funds.

Johnson Outdoors Price Performance

Shares of JOUT stock traded down $0.11 during midday trading on Tuesday, hitting $34.46. The company had a trading volume of 4,645 shares, compared to its average volume of 49,273. The company’s 50 day simple moving average is $39.49 and its 200 day simple moving average is $44.71. Johnson Outdoors Inc. has a 52-week low of $34.26 and a 52-week high of $63.31. The stock has a market cap of $354.94 million, a price-to-earnings ratio of 73.55, a PEG ratio of 2.22 and a beta of 0.74.

Johnson Outdoors (NASDAQ:JOUTGet Free Report) last posted its quarterly earnings results on Friday, May 3rd. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.29). Johnson Outdoors had a net margin of 0.82% and a return on equity of 0.97%. The business had revenue of $175.86 million during the quarter, compared to analysts’ expectations of $158.76 million. Analysts anticipate that Johnson Outdoors Inc. will post 1.13 EPS for the current year.

Johnson Outdoors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, July 11th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.83%. Johnson Outdoors’s dividend payout ratio (DPR) is presently 280.85%.

Johnson Outdoors Profile

(Free Report)

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.

Further Reading

Want to see what other hedge funds are holding JOUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Outdoors Inc. (NASDAQ:JOUTFree Report).

Institutional Ownership by Quarter for Johnson Outdoors (NASDAQ:JOUT)

Receive News & Ratings for Johnson Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Outdoors and related companies with MarketBeat.com's FREE daily email newsletter.