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

Barclays PLC increased its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 182.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,575 shares of the company’s stock after purchasing an additional 4,251 shares during the period. Barclays PLC owned approximately 0.06% of Johnson Outdoors worth $238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. nVerses Capital LLC lifted its position in shares of Johnson Outdoors by 100.0% during the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company’s stock valued at $29,000 after buying an additional 400 shares in the last quarter. FMR LLC lifted its holdings in Johnson Outdoors by 94.0% during the third quarter. FMR LLC now owns 1,335 shares of the company’s stock valued at $48,000 after purchasing an additional 647 shares in the last quarter. Empowered Funds LLC lifted its holdings in Johnson Outdoors by 5.4% during the third quarter. Empowered Funds LLC now owns 18,411 shares of the company’s stock valued at $666,000 after purchasing an additional 938 shares in the last quarter. Gabelli Funds LLC boosted its position in shares of Johnson Outdoors by 6.1% in the second 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 increased its stake in shares of 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 in the last quarter. Institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Stock Performance

JOUT opened at $34.25 on Monday. The firm’s fifty day moving average is $33.97 and its 200 day moving average is $35.26. The stock has a market cap of $352.71 million, a price-to-earnings ratio of -13.17, a price-to-earnings-growth ratio of 1.89 and a beta of 0.69. Johnson Outdoors Inc. has a fifty-two week low of $29.98 and a fifty-two week high of $50.00.

Johnson Outdoors Dividend Announcement

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

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.