Quantbot Technologies LP Purchases Shares of 2,348 Johnson Outdoors Inc. (NASDAQ:JOUT)

Quantbot Technologies LP acquired a new position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) in the 4th quarter, HoldingsChannel reports. The fund acquired 2,348 shares of the company’s stock, valued at approximately $77,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC boosted its holdings in Johnson Outdoors by 94.0% during the third quarter. FMR LLC now owns 1,335 shares of the company’s stock valued at $48,000 after acquiring an additional 647 shares during the period. US Bancorp DE lifted its position in shares of Johnson Outdoors by 15.4% during the 4th quarter. US Bancorp DE now owns 3,477 shares of the company’s stock worth $115,000 after purchasing an additional 465 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Johnson Outdoors by 143.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 4,959 shares of the company’s stock valued at $180,000 after purchasing an additional 2,922 shares during the period. Virtu Financial LLC acquired a new stake in Johnson Outdoors in the 4th quarter valued at approximately $211,000. Finally, Barclays PLC increased its position in Johnson Outdoors by 182.9% in the 3rd quarter. Barclays PLC now owns 6,575 shares of the company’s stock worth $238,000 after buying an additional 4,251 shares during the period. 64.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Outdoors Trading Down 0.3 %

JOUT opened at $24.84 on Tuesday. The business has a 50 day moving average of $28.19 and a 200-day moving average of $32.17. The stock has a market capitalization of $256.70 million, a price-to-earnings ratio of -5.56 and a beta of 0.63. Johnson Outdoors Inc. has a 1-year low of $24.16 and a 1-year high of $46.11.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Monday, February 3rd. The company reported ($1.49) EPS for the quarter, missing the consensus estimate of ($1.30) by ($0.19). Johnson Outdoors had a negative net margin of 8.15% and a negative return on equity of 9.62%. During the same quarter last year, the firm earned $0.38 EPS. Equities analysts predict that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

Johnson Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 10th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend is Thursday, April 10th. Johnson Outdoors’s dividend payout ratio (DPR) is presently -29.53%.

Johnson Outdoors Company Profile

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.