Gamco Investors INC. ET AL Acquires 70,300 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Gamco Investors INC. ET AL raised its holdings in Johnson Outdoors Inc. (NASDAQ:JOUT) by 39.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 248,300 shares of the company’s stock after buying an additional 70,300 shares during the period. Gamco Investors INC. ET AL owned about 2.41% of Johnson Outdoors worth $11,449,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Johnson Outdoors in the fourth quarter valued at $101,000. EntryPoint Capital LLC bought a new position in shares of Johnson Outdoors during the first quarter valued at about $136,000. BNP Paribas Financial Markets lifted its position in shares of Johnson Outdoors by 47.9% during the first quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company’s stock valued at $146,000 after purchasing an additional 1,029 shares in the last quarter. Prosperity Consulting Group LLC bought a new position in shares of Johnson Outdoors during the first quarter valued at about $306,000. Finally, Empowered Funds LLC lifted its position in shares of Johnson Outdoors by 8.2% during the first quarter. Empowered Funds LLC now owns 16,213 shares of the company’s stock valued at $748,000 after purchasing an additional 1,225 shares in the last quarter. 64.05% of the stock is owned by institutional investors.

Johnson Outdoors Trading Up 3.5 %

Shares of JOUT traded up $1.41 during trading hours on Friday, reaching $41.81. 36,355 shares of the stock traded hands, compared to its average volume of 66,744. The stock has a fifty day simple moving average of $35.67 and a 200 day simple moving average of $41.20. Johnson Outdoors Inc. has a 52 week low of $32.79 and a 52 week high of $60.58. The company has a market cap of $430.68 million, a price-to-earnings ratio of 88.96, a PEG ratio of 2.55 and a beta of 0.74.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings data on Friday, May 3rd. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.29). The company had revenue of $175.86 million during the quarter, compared to the consensus estimate of $158.76 million. Johnson Outdoors had a return on equity of 0.97% and a net margin of 0.82%. Analysts predict that Johnson Outdoors Inc. will post 1.13 earnings per share for the current fiscal year.

Johnson Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 25th. Stockholders of record on Thursday, July 11th were paid a $0.33 dividend. The ex-dividend date was Thursday, July 11th. This represents a $1.32 annualized dividend and a dividend yield of 3.16%. Johnson Outdoors’s payout ratio is 280.85%.

Johnson Outdoors 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.