Aristides Capital LLC Grows Stake in Johnson Outdoors Inc. (NASDAQ:JOUT)

Aristides Capital LLC grew its holdings in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,978 shares of the company’s stock after purchasing an additional 1,080 shares during the period. Aristides Capital LLC’s holdings in Johnson Outdoors were worth $329,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC raised its stake in Johnson Outdoors by 182.9% in the third quarter. Barclays PLC now owns 6,575 shares of the company’s stock valued at $238,000 after buying an additional 4,251 shares during the last quarter. First Eagle Investment Management LLC purchased a new position in shares of Johnson Outdoors in the 4th quarter valued at approximately $1,695,000. FMR LLC raised its position in shares of Johnson Outdoors by 94.0% in the 3rd quarter. FMR LLC now owns 1,335 shares of the company’s stock valued at $48,000 after purchasing an additional 647 shares during the last quarter. Peapod Lane Capital LLC acquired a new stake in Johnson Outdoors in the 4th quarter worth approximately $1,809,000. Finally, Jane Street Group LLC grew its position in Johnson Outdoors by 80.9% during the 3rd quarter. Jane Street Group LLC now owns 14,924 shares of the company’s stock worth $540,000 after purchasing an additional 6,676 shares during the last quarter. Institutional investors and hedge funds own 64.05% of the company’s stock.

Johnson Outdoors Trading Up 3.1 %

NASDAQ JOUT opened at $24.09 on Monday. Johnson Outdoors Inc. has a 12-month low of $22.58 and a 12-month high of $46.04. The company has a fifty day simple moving average of $27.49 and a two-hundred day simple moving average of $31.82. The stock has a market cap of $248.95 million, a P/E ratio of -5.39 and a beta of 0.74.

Johnson Outdoors (NASDAQ:JOUT) last issued its earnings results on Monday, February 3rd. The company reported ($1.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.30) by ($0.19). Johnson Outdoors had a negative return on equity of 9.62% and a negative net margin of 8.15%. During the same period in the previous year, the business posted $0.38 earnings per share. As a group, sell-side analysts forecast that Johnson Outdoors Inc. will post -0.58 earnings per share for the current year.

Johnson Outdoors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 10th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date of this dividend is Thursday, April 10th. Johnson Outdoors’s dividend payout ratio (DPR) is -29.53%.

Johnson Outdoors 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.