International Assets Investment Management LLC Takes Position in Johnson Outdoors Inc. (NASDAQ:JOUT)

International Assets Investment Management LLC acquired a new stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 56,091 shares of the company’s stock, valued at approximately $2,996,000. International Assets Investment Management LLC owned about 0.55% of Johnson Outdoors at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Gabelli Funds LLC boosted its holdings in shares of Johnson Outdoors by 1.4% during the third quarter. Gabelli Funds LLC now owns 14,700 shares of the company’s stock worth $804,000 after purchasing an additional 200 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Johnson Outdoors by 2.4% during the second quarter. Goldman Sachs Group Inc. now owns 9,726 shares of the company’s stock worth $595,000 after purchasing an additional 227 shares during the period. Swiss National Bank boosted its holdings in shares of 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 purchasing an additional 300 shares during the period. Legal & General Group Plc boosted its holdings in shares of Johnson Outdoors by 16.6% during the fourth quarter. Legal & General Group Plc now owns 2,123 shares of the company’s stock worth $140,000 after purchasing an additional 303 shares during the period. Finally, Credit Suisse AG boosted its holdings in shares of Johnson Outdoors by 6.5% during the third quarter. Credit Suisse AG now owns 5,098 shares of the company’s stock worth $261,000 after purchasing an additional 311 shares during the period. 64.05% of the stock is owned by institutional investors.

Johnson Outdoors Trading Up 0.9 %

Johnson Outdoors stock opened at $42.78 on Friday. The firm has a 50-day moving average of $44.63 and a 200-day moving average of $48.25. The firm has a market cap of $439.78 million, a P/E ratio of 25.02, a P/E/G ratio of 1.14 and a beta of 0.74. Johnson Outdoors Inc. has a 1-year low of $42.11 and a 1-year high of $64.71.

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

Johnson Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th will be issued a $0.33 dividend. The ex-dividend date is Wednesday, April 10th. This represents a $1.32 annualized dividend and a yield of 3.09%. Johnson Outdoors’s dividend payout ratio (DPR) is presently 77.19%.

Johnson Outdoors Company Profile

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.