New York State Common Retirement Fund Sells 3,353 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

New York State Common Retirement Fund decreased its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 4.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,996 shares of the company’s stock after selling 3,353 shares during the quarter. New York State Common Retirement Fund owned approximately 0.78% of Johnson Outdoors worth $2,640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted 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 buying an additional 647 shares in the last quarter. Empowered Funds LLC lifted its holdings in Johnson Outdoors by 4.9% during the 4th quarter. Empowered Funds LLC now owns 19,314 shares of the company’s stock valued at $637,000 after buying an additional 903 shares in the last quarter. Diversified Investment Strategies LLC lifted its holdings in Johnson Outdoors by 3.7% during the 4th quarter. Diversified Investment Strategies LLC now owns 43,194 shares of the company’s stock valued at $1,425,000 after buying an additional 1,529 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Johnson Outdoors by 143.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 4,959 shares of the company’s stock valued at $180,000 after buying an additional 2,922 shares in the last quarter. Finally, Creative Planning lifted its holdings in Johnson Outdoors by 44.3% during the 3rd quarter. Creative Planning now owns 10,997 shares of the company’s stock valued at $398,000 after buying an additional 3,376 shares in the last quarter. Institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Price Performance

Shares of JOUT opened at $26.90 on Friday. The firm has a market capitalization of $277.98 million, a price-to-earnings ratio of -6.02 and a beta of 0.69. The company has a 50-day moving average of $31.65 and a 200 day moving average of $33.74. Johnson Outdoors Inc. has a 1-year low of $26.62 and a 1-year high of $46.38.

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

Johnson Outdoors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 10th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.91%. Johnson Outdoors’s dividend payout ratio (DPR) is -29.53%.

About Johnson Outdoors

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.