Gamco Investors INC. ET AL Increases Holdings in Johnson Outdoors Inc. (NASDAQ:JOUT)

Gamco Investors INC. ET AL increased its holdings in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 13.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 355,400 shares of the company's stock after acquiring an additional 43,500 shares during the period. Gamco Investors INC. ET AL owned about 3.44% of Johnson Outdoors worth $11,728,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC grew its position in Johnson Outdoors by 94.0% in the 3rd quarter. FMR LLC now owns 1,335 shares of the company's stock worth $48,000 after purchasing an additional 647 shares in the last quarter. Quantbot Technologies LP bought a new stake in Johnson Outdoors during the fourth quarter worth $77,000. Wells Fargo & Company MN boosted its position in Johnson Outdoors by 26.4% in the fourth quarter. Wells Fargo & Company MN now owns 2,788 shares of the company's stock worth $92,000 after purchasing an additional 583 shares during the last quarter. US Bancorp DE increased 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 valued at $115,000 after purchasing an additional 465 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Johnson Outdoors by 143.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 4,959 shares of the company's stock worth $180,000 after buying an additional 2,922 shares during the last quarter. 64.05% of the stock is owned by institutional investors.

Johnson Outdoors Stock Down 1.5 %

NASDAQ JOUT traded down $0.33 during trading hours on Monday, reaching $21.60. 5,108 shares of the company were exchanged, compared to its average volume of 51,460. The stock has a market capitalization of $223.21 million, a P/E ratio of -4.83 and a beta of 0.74. Johnson Outdoors Inc. has a 1 year low of $21.33 and a 1 year high of $43.49. The business's 50 day simple moving average is $25.54 and its 200-day simple moving average is $30.69.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported ($1.49) earnings per share 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 period in the prior year, the business earned $0.38 EPS. As a group, sell-side analysts anticipate that Johnson Outdoors Inc. will post -0.58 earnings per share for the current year.

Johnson Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th will be paid a $0.33 dividend. The ex-dividend date is Thursday, April 10th. This represents a $1.32 annualized dividend and a dividend yield of 6.11%. Johnson Outdoors's payout ratio is -29.53%.

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.