Johnson Outdoors Inc. (NASDAQ:JOUT) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in Johnson Outdoors Inc. (NASDAQ:JOUT) by 143.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,959 shares of the company’s stock after acquiring an additional 2,922 shares during the period. Public Employees Retirement System of Ohio’s holdings in Johnson Outdoors were worth $180,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JOUT. Deprince Race & Zollo Inc. grew its holdings in Johnson Outdoors by 35.8% in the second quarter. Deprince Race & Zollo Inc. now owns 223,814 shares of the company’s stock valued at $7,829,000 after purchasing an additional 59,016 shares during the last quarter. Skylands Capital LLC grew its stake in Johnson Outdoors by 43.7% in the 2nd quarter. Skylands Capital LLC now owns 161,900 shares of the company’s stock valued at $5,663,000 after acquiring an additional 49,200 shares during the last quarter. Acuitas Investments LLC purchased a new position in Johnson Outdoors during the 2nd quarter valued at about $1,515,000. Wallace Capital Management Inc. raised its position in Johnson Outdoors by 11.2% during the third 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 during the last quarter. Finally, Rice Hall James & Associates LLC lifted its holdings in shares of Johnson Outdoors by 71.5% in the third quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock valued at $2,614,000 after purchasing an additional 30,100 shares in the last quarter. 64.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Outdoors Price Performance

JOUT stock opened at $37.37 on Friday. Johnson Outdoors Inc. has a 12 month low of $29.98 and a 12 month high of $53.86. The firm has a market capitalization of $384.95 million, a PE ratio of -14.37, a P/E/G ratio of 1.75 and a beta of 0.71. The company’s 50 day simple moving average is $33.91 and its 200-day simple moving average is $35.36.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, January 9th. Johnson Outdoors’s 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.