Legato Capital Management LLC Purchases 14,977 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Legato Capital Management LLC increased its holdings in shares of Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 91.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,406 shares of the company's stock after acquiring an additional 14,977 shares during the quarter. Legato Capital Management LLC owned approximately 0.30% of Johnson Outdoors worth $1,036,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. nVerses Capital LLC boosted its holdings in shares of Johnson Outdoors by 100.0% in the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company's stock worth $29,000 after purchasing an additional 400 shares in the last quarter. FMR LLC boosted its holdings in shares of 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. 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 purchasing an additional 2,922 shares in the last quarter. Barclays PLC boosted its holdings in shares of 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 purchasing an additional 4,251 shares in the last quarter. Finally, Ballentine Partners LLC bought a new stake in shares of Johnson Outdoors in the 3rd quarter valued at about $253,000. 64.05% of the stock is currently owned by institutional investors.

Johnson Outdoors Stock Up 1.7 %

Shares of NASDAQ JOUT traded up $0.51 during midday trading on Friday, reaching $30.23. The company had a trading volume of 22,533 shares, compared to its average volume of 45,454. Johnson Outdoors Inc. has a one year low of $28.15 and a one year high of $46.89. The firm's fifty day moving average price is $33.29 and its 200-day moving average price is $34.38. The stock has a market cap of $312.28 million, a PE ratio of -6.76 and a beta of 0.69.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The company reported ($1.49) EPS for the quarter, missing analysts' consensus estimates 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 posted $0.38 EPS. As a group, equities research analysts expect that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

Johnson Outdoors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th were issued a dividend of $0.33 per share. The ex-dividend date was Friday, January 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.37%. Johnson Outdoors's dividend payout ratio (DPR) is -29.53%.

About Johnson Outdoors

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.