Renaissance Technologies LLC lowered its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,800 shares of the company's stock after selling 11,200 shares during the quarter. Renaissance Technologies LLC owned 1.13% of Johnson Outdoors worth $3,854,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Aristides Capital LLC raised its position in Johnson Outdoors by 12.1% during the fourth quarter. Aristides Capital LLC now owns 9,978 shares of the company's stock valued at $329,000 after purchasing an additional 1,080 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Johnson Outdoors by 26.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,788 shares of the company's stock valued at $92,000 after purchasing an additional 583 shares during the last quarter. Foundry Partners LLC bought a new stake in Johnson Outdoors in the 4th quarter worth approximately $3,027,000. Geode Capital Management LLC boosted its stake in Johnson Outdoors by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 124,539 shares of the company's stock worth $4,111,000 after buying an additional 783 shares in the last quarter. Finally, Rodgers Brothers Inc. grew its position in Johnson Outdoors by 34.7% during the fourth quarter. Rodgers Brothers Inc. now owns 60,086 shares of the company's stock valued at $1,983,000 after acquiring an additional 15,470 shares during the last quarter. 64.05% of the stock is owned by institutional investors.
Johnson Outdoors Stock Performance
JOUT stock opened at $22.96 on Wednesday. The company has a market capitalization of $237.27 million, a PE ratio of -5.14 and a beta of 0.74. Johnson Outdoors Inc. has a one year low of $21.33 and a one year high of $43.13. The company's 50 day moving average price is $25.27 and its two-hundred day moving average price is $30.55.
Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last issued its 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 return on equity of 9.62% and a negative net margin of 8.15%. During the same quarter in the previous year, the firm posted $0.38 earnings per share. On average, research analysts predict that Johnson Outdoors Inc. will post -0.58 EPS for the current year.
Johnson Outdoors Dividend Announcement
The business 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. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Thursday, April 10th. Johnson Outdoors's dividend payout ratio (DPR) is presently -29.53%.
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.
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