Johnson Outdoors Inc. (NASDAQ:JOUT) Shares Purchased by Skylands Capital LLC

Skylands Capital LLC increased its holdings in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 162,200 shares of the company’s stock after purchasing an additional 4,450 shares during the quarter. Skylands Capital LLC owned 1.57% of Johnson Outdoors worth $5,353,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JOUT. Peapod Lane Capital LLC acquired a new stake in Johnson Outdoors during the 4th quarter worth approximately $1,809,000. Wallace Capital Management Inc. boosted its holdings in Johnson Outdoors by 11.2% in the 3rd quarter. Wallace Capital Management Inc. now owns 370,329 shares of the company’s stock worth $13,406,000 after acquiring an additional 37,433 shares during the period. Rice Hall James & Associates LLC boosted its holdings in Johnson Outdoors by 71.5% in the 3rd quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock worth $2,614,000 after acquiring an additional 30,100 shares during the period. GSA Capital Partners LLP purchased a new position in Johnson Outdoors in the 3rd quarter worth approximately $1,020,000. Finally, De Lisle Partners LLP boosted its holdings in Johnson Outdoors by 25.9% in the 3rd quarter. De Lisle Partners LLP now owns 105,925 shares of the company’s stock worth $3,839,000 after acquiring an additional 21,808 shares during the period. Institutional investors and hedge funds own 64.05% of the company’s stock.

Johnson Outdoors Stock Down 1.8 %

NASDAQ JOUT opened at $27.85 on Monday. The stock has a market cap of $287.80 million, a PE ratio of -6.23 and a beta of 0.69. Johnson Outdoors Inc. has a fifty-two week low of $27.82 and a fifty-two week high of $46.44. The business has a 50 day moving average price of $32.60 and a two-hundred day moving average price of $34.01.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Monday, February 3rd. The company reported ($1.49) EPS 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 previous year, the firm earned $0.38 EPS. Sell-side analysts anticipate that Johnson Outdoors Inc. will post -0.58 EPS for the current fiscal year.

Johnson Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 9th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.74%. The ex-dividend date was Friday, January 10th. Johnson Outdoors’s dividend payout ratio (DPR) is currently -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.