Barclays PLC Grows Position in Johnson Outdoors Inc. (NASDAQ:JOUT)

Barclays PLC raised its position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 182.9% during the 3rd quarter, Holdings Channel reports. The fund owned 6,575 shares of the company’s stock after purchasing an additional 4,251 shares during the period. Barclays PLC’s holdings in Johnson Outdoors were worth $238,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JOUT. nVerses Capital LLC boosted its holdings in shares of Johnson Outdoors by 100.0% in the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company’s stock worth $29,000 after purchasing an additional 400 shares during the period. FMR LLC grew its holdings in Johnson Outdoors by 94.0% during 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. Empowered Funds LLC grew its holdings in Johnson Outdoors by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 18,411 shares of the company’s stock valued at $666,000 after purchasing an additional 938 shares during the last quarter. Gabelli Funds LLC raised its position in Johnson Outdoors by 6.1% in the 2nd quarter. Gabelli Funds LLC now owns 20,900 shares of the company’s stock worth $731,000 after purchasing an additional 1,200 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in Johnson Outdoors by 143.4% in the third quarter. Public Employees Retirement System of Ohio now owns 4,959 shares of the company’s stock worth $180,000 after purchasing an additional 2,922 shares during the last quarter. 64.05% of the stock is currently owned by institutional investors.

Johnson Outdoors Stock Performance

JOUT opened at $34.25 on Monday. Johnson Outdoors Inc. has a one year low of $29.98 and a one year high of $50.00. The stock has a market cap of $352.71 million, a price-to-earnings ratio of -13.17, a P/E/G ratio of 1.89 and a beta of 0.69. The stock’s 50 day moving average price is $33.97 and its 200-day moving average price is $35.26.

Johnson Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be paid a $0.33 dividend. The ex-dividend date is Friday, January 10th. This represents a $1.32 dividend on an annualized basis and a yield of 3.85%. Johnson Outdoors’s dividend payout ratio is currently -50.77%.

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.