SG Americas Securities LLC Acquires Shares of 1,892 Johnson Outdoors Inc. (NASDAQ:JOUT)

SG Americas Securities LLC bought a new position in Johnson Outdoors Inc. (NASDAQ:JOUT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,892 shares of the company’s stock, valued at approximately $101,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its position in Johnson Outdoors by 37.0% in the 3rd quarter. Teacher Retirement System of Texas now owns 11,600 shares of the company’s stock worth $634,000 after purchasing an additional 3,135 shares in the last quarter. Swiss National Bank boosted its holdings in Johnson Outdoors by 2.4% during the third quarter. Swiss National Bank now owns 12,900 shares of the company’s stock worth $706,000 after buying an additional 300 shares in the last quarter. Cambiar Investors LLC grew its position in Johnson Outdoors by 42.9% during the third quarter. Cambiar Investors LLC now owns 42,672 shares of the company’s stock valued at $2,334,000 after buying an additional 12,805 shares during the period. Skylands Capital LLC increased its holdings in Johnson Outdoors by 86.6% in the third quarter. Skylands Capital LLC now owns 68,658 shares of the company’s stock valued at $3,755,000 after buying an additional 31,858 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Johnson Outdoors by 4.6% in the third quarter. Wellington Management Group LLP now owns 133,370 shares of the company’s stock valued at $7,294,000 after buying an additional 5,900 shares in the last quarter. 64.05% of the stock is owned by institutional investors and hedge funds.

Johnson Outdoors Stock Up 1.6 %

JOUT stock opened at $43.46 on Friday. Johnson Outdoors Inc. has a 52-week low of $42.11 and a 52-week high of $64.71. The firm has a market cap of $446.94 million, a P/E ratio of 25.42, a PEG ratio of 1.13 and a beta of 0.74. The company’s 50-day simple moving average is $44.57 and its 200-day simple moving average is $48.21.

Johnson Outdoors (NASDAQ:JOUT) last issued its quarterly earnings results on Friday, February 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.23. Johnson Outdoors had a return on equity of 3.47% and a net margin of 2.82%. The company had revenue of $138.64 million for the quarter, compared to the consensus estimate of $140.44 million. During the same quarter in the prior year, the business posted $0.57 earnings per share. On average, analysts anticipate that Johnson Outdoors Inc. will post 2.67 earnings per share for the current fiscal year.

Johnson Outdoors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Thursday, April 11th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, April 10th. This represents a $1.32 annualized dividend and a yield of 3.04%. Johnson Outdoors’s dividend payout ratio is presently 77.19%.

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.