Exane Derivatives sells 257 shares of Johnson Outdoors Inc. (NASDAQ:JOUT)


Exane Derivatives cut its stake in Johnson Outdoors Inc. (NASDAQ:JOUT – Get Rating) by 16.9% in Q1, according to its latest filing with the Securities and Exchange Commission (SEC). The company held 1,268 shares of the company after selling 257 shares during the quarter. Exane Derivatives’ holdings in Johnson Outdoors were worth $99,000 when it last filed with the SEC.

Other hedge funds also bought and sold shares of the company. BNP Paribas Arbitrage SA increased its stake in Johnson Outdoors by 139.7% in the 4th quarter. BNP Paribas Arbitrage SA now owns 3,191 shares in the company worth $299,000 after purchasing an additional 1,860 shares during the period. Janus Henderson Group PLC increased its equity stake in Johnson Outdoors by 21.8% during the third quarter. Janus Henderson Group PLC now owns 2,995 shares of the company worth $317,000 after acquiring 537 additional shares in the last quarter. Raymond James & Associates purchased a new stake in Johnson Outdoors stock during Q4 for a value of approximately $349,000. Unison Advisors LLC purchased a new stake in Johnson Outdoors stock during Q1 for approximately $363,000. Finally, Cubist Systematic Strategies LLC increased its stake in Johnson Outdoors shares by 20.4% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 3,568 shares of the company worth $377,000 after acquiring 604 additional shares in the last quarter. Institutional investors and hedge funds hold 63.63% of the company’s shares.

NASDAQ: JOUT opened at $64.10 on Friday. The stock’s fifty-day moving average is $64.30 and its 200-day moving average is $77.08. Johnson Outdoors Inc. has a fifty-two week low of $54.55 and a fifty-two week high of $124.90. The company has a market capitalization of $651.77 million, a PE ratio of 11.55 and a beta of 0.84.

Johnson Outdoors (NASDAQ:JOUT – Get Rating) last released its quarterly results on Monday, May 9. The company reported earnings per share of $0.97 for the quarter. Johnson Outdoors had a return on equity of 12.19% and a net margin of 7.81%. The company posted revenue of $189.62 million for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 28. Investors of record on Thursday, July 14 will receive a dividend of $0.30 per share. The ex-date of this dividend is Wednesday, July 13. This represents an annualized dividend of $1.20 and a yield of 1.87%. Johnson Outdoors’ payout ratio is currently 21.62%.

JOUT has been the subject of several recent research reports. TheStreet upgraded Johnson Outdoors from a “b-” to a “c+” rating in a Friday, May 13 report. StockNews.com downgraded Johnson Outdoors from a “buy” rating to a “hold” rating in a Tuesday, May 17, report.

Johnson Outdoors profile (Get an assessment)

Johnson Outdoors Inc designs, manufactures and markets seasonal recreational and outdoor fishing products worldwide. It operates through four segments: fishing, camping, water recreation and diving. The Fishing segment offers electric trolling motors, marine battery chargers and shallow water anchors; sonar and GPS equipment for fish finding, navigation and marine mapping; and downriggers for controlled depth fishing.

See also

Want to see what other hedge funds hold JOUT? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Johnson Outdoors Inc. (NASDAQ:JOUT – Get Rating).

Institutional ownership by quarter for Johnson Outdoors (NASDAQ:JOUT)

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