Johnson Outdoors Inc. (NASDAQ:JOUT) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC lifted its holdings in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 80.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,924 shares of the company’s stock after acquiring an additional 6,676 shares during the period. Jane Street Group LLC owned 0.14% of Johnson Outdoors worth $540,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JOUT. Deprince Race & Zollo Inc. raised its position in shares of Johnson Outdoors by 35.8% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 223,814 shares of the company’s stock worth $7,829,000 after acquiring an additional 59,016 shares in the last quarter. Wallace Capital Management Inc. raised its position in shares of Johnson Outdoors by 11.2% during the 3rd quarter. Wallace Capital Management Inc. now owns 370,329 shares of the company’s stock worth $13,406,000 after acquiring an additional 37,433 shares in the last quarter. Rice Hall James & Associates LLC raised its position in shares of Johnson Outdoors by 71.5% during the 3rd quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock worth $2,614,000 after acquiring an additional 30,100 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Johnson Outdoors during the 3rd quarter worth about $1,020,000. Finally, De Lisle Partners LLP raised its position in shares of Johnson Outdoors by 25.9% during the 3rd quarter. De Lisle Partners LLP now owns 105,925 shares of the company’s stock worth $3,839,000 after acquiring an additional 21,808 shares in the last quarter. Institutional investors and hedge funds own 64.05% of the company’s stock.

Johnson Outdoors Stock Up 4.4 %

NASDAQ:JOUT opened at $34.25 on Monday. The stock’s 50 day moving average price is $33.97 and its 200 day moving average price is $35.26. The company has a market capitalization of $352.71 million, a PE ratio of -13.17, a P/E/G ratio of 1.89 and a beta of 0.69. Johnson Outdoors Inc. has a 52-week low of $29.98 and a 52-week high of $50.00.

Johnson Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, January 9th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend 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 presently -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.