State Street Corp decreased its holdings in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 13.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 129,936 shares of the company's stock after selling 19,559 shares during the quarter. State Street Corp owned 1.26% of Johnson Outdoors worth $4,704,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of JOUT. nVerses Capital LLC grew its holdings in shares of Johnson Outdoors by 100.0% during 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 raised its stake in Johnson Outdoors by 94.0% in the third quarter. FMR LLC now owns 1,335 shares of the company's stock valued at $48,000 after purchasing an additional 647 shares in the last quarter. XTX Topco Ltd bought a new stake in Johnson Outdoors during the second quarter worth about $238,000. Ballentine Partners LLC acquired a new stake in Johnson Outdoors during the third quarter worth about $253,000. Finally, Howard Financial Services LTD. bought a new position in Johnson Outdoors in the 3rd quarter valued at about $290,000. Institutional investors own 64.05% of the company's stock.
Johnson Outdoors Stock Down 3.5 %
Shares of NASDAQ:JOUT traded down $1.21 during midday trading on Monday, hitting $33.01. The stock had a trading volume of 44,433 shares, compared to its average volume of 50,506. The company's 50-day moving average price is $33.93 and its 200-day moving average price is $35.32. Johnson Outdoors Inc. has a fifty-two week low of $29.98 and a fifty-two week high of $53.86. The company has a market capitalization of $339.94 million, a P/E ratio of -12.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.71.
Johnson Outdoors Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, January 9th. Johnson Outdoors's payout ratio is presently -50.77%.
About Johnson Outdoors
(
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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