28,173 Shares in Johnson Outdoors Inc. (NASDAQ:JOUT) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in Johnson Outdoors Inc. (NASDAQ:JOUT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 28,173 shares of the company’s stock, valued at approximately $1,020,000. GSA Capital Partners LLP owned 0.27% of Johnson Outdoors at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in JOUT. Vanguard Group Inc. boosted its position in shares of Johnson Outdoors by 13.9% during the first quarter. Vanguard Group Inc. now owns 346,115 shares of the company’s stock worth $15,959,000 after buying an additional 42,314 shares during the period. Gamco Investors INC. ET AL boosted its position in Johnson Outdoors by 39.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 248,300 shares of the company’s stock worth $11,449,000 after acquiring an additional 70,300 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Johnson Outdoors by 33.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 75,530 shares of the company’s stock worth $2,734,000 after acquiring an additional 19,013 shares in the last quarter. Rice Hall James & Associates LLC raised its holdings in shares of Johnson Outdoors by 71.5% in the third quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock valued at $2,614,000 after purchasing an additional 30,100 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Johnson Outdoors by 8.2% in the first quarter. Empowered Funds LLC now owns 16,213 shares of the company’s stock valued at $748,000 after purchasing an additional 1,225 shares during the last quarter. Institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Price Performance

Shares of NASDAQ JOUT opened at $32.93 on Friday. Johnson Outdoors Inc. has a fifty-two week low of $31.60 and a fifty-two week high of $55.30. The stock has a market capitalization of $339.18 million, a price-to-earnings ratio of -40.65, a PEG ratio of 1.65 and a beta of 0.71. The business has a 50-day moving average of $34.64 and a 200-day moving average of $35.91.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 9th were paid a $0.33 dividend. The ex-dividend date was Wednesday, October 9th. This represents a $1.32 dividend on an annualized basis and a yield of 4.01%. Johnson Outdoors’s dividend payout ratio is -162.96%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Johnson Outdoors from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th.

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.