Russell Investments Group Ltd. Purchases 18,607 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Russell Investments Group Ltd. lifted its position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 19.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,725 shares of the company’s stock after purchasing an additional 18,607 shares during the quarter. Russell Investments Group Ltd.’s holdings in Johnson Outdoors were worth $6,182,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in Johnson Outdoors during the fourth quarter worth $2,996,000. SG Americas Securities LLC bought a new position in Johnson Outdoors in the 4th quarter valued at about $101,000. Diversified Investment Strategies LLC boosted its stake in Johnson Outdoors by 25.0% during the 4th quarter. Diversified Investment Strategies LLC now owns 23,930 shares of the company’s stock valued at $1,278,000 after purchasing an additional 4,790 shares during the last quarter. North Star Investment Management Corp. increased its holdings in Johnson Outdoors by 18.5% during the 4th quarter. North Star Investment Management Corp. now owns 76,300 shares of the company’s stock worth $4,076,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Johnson Outdoors by 4.6% during the 3rd quarter. Wellington Management Group LLP now owns 133,370 shares of the company’s stock worth $7,294,000 after purchasing an additional 5,900 shares in the last quarter. 64.05% of the stock is currently owned by institutional investors.

Johnson Outdoors Stock Up 0.3 %

JOUT stock opened at $37.95 on Thursday. The firm has a market capitalization of $390.28 million, a PE ratio of 80.74, a P/E/G ratio of 1.57 and a beta of 0.75. Johnson Outdoors Inc. has a twelve month low of $37.21 and a twelve month high of $63.53. The stock’s 50 day moving average is $43.31 and its 200-day moving average is $47.01.

Johnson Outdoors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend was Wednesday, April 10th. Johnson Outdoors’s dividend payout ratio (DPR) is presently 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.