GSA Capital Partners LLP Takes $1.02 Million Position in Johnson Outdoors Inc. (NASDAQ:JOUT)

GSA Capital Partners LLP acquired a new stake in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 28,173 shares of the company's stock, valued at approximately $1,020,000. GSA Capital Partners LLP owned about 0.27% of Johnson Outdoors at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JOUT. Vanguard Group Inc. lifted its position in Johnson Outdoors by 13.9% during the first quarter. Vanguard Group Inc. now owns 346,115 shares of the company's stock worth $15,959,000 after acquiring an additional 42,314 shares during the last quarter. Gamco Investors INC. ET AL lifted its position in Johnson Outdoors by 39.5% during the first quarter. Gamco Investors INC. ET AL now owns 248,300 shares of the company's stock worth $11,449,000 after acquiring an additional 70,300 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Johnson Outdoors by 33.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 75,530 shares of the company's stock worth $2,734,000 after acquiring an additional 19,013 shares during the last quarter. Rice Hall James & Associates LLC lifted its position in Johnson Outdoors by 71.5% during the third quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company's stock worth $2,614,000 after acquiring an additional 30,100 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Johnson Outdoors by 8.2% during the first quarter. Empowered Funds LLC now owns 16,213 shares of the company's stock worth $748,000 after acquiring an additional 1,225 shares during the last quarter. 64.05% of the stock is owned by institutional investors.

Johnson Outdoors Stock Up 0.0 %

Shares of JOUT traded up $0.01 during mid-day trading on Friday, hitting $32.93. 27,580 shares of the company's stock were exchanged, compared to its average volume of 50,281. Johnson Outdoors Inc. has a 52 week low of $31.60 and a 52 week high of $55.30. The stock's 50-day simple moving average is $34.59 and its 200-day simple moving average is $35.85. The firm has a market cap of $339.21 million, a price-to-earnings ratio of -40.65, a price-to-earnings-growth ratio of 1.65 and a beta of 0.71.

Johnson Outdoors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 9th were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $1.32 annualized dividend and a yield of 4.01%. Johnson Outdoors's dividend payout ratio is presently -162.96%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Johnson Outdoors from a "sell" rating to a "hold" rating in a research report on Thursday, August 8th.

Johnson Outdoors 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.