Ameriprise Financial Inc. Buys 10,300 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Ameriprise Financial Inc. lifted its holdings in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 31.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,397 shares of the company's stock after purchasing an additional 10,300 shares during the quarter. Ameriprise Financial Inc. owned about 0.42% of Johnson Outdoors worth $1,432,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Northern Trust Corp grew its stake in shares of Johnson Outdoors by 5.5% during the 4th quarter. Northern Trust Corp now owns 53,706 shares of the company's stock worth $1,772,000 after acquiring an additional 2,798 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Johnson Outdoors by 57.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,248 shares of the company's stock valued at $74,000 after acquiring an additional 820 shares during the period. Dean Investment Associates LLC lifted its position in shares of Johnson Outdoors by 76.7% in the fourth quarter. Dean Investment Associates LLC now owns 74,095 shares of the company's stock valued at $2,445,000 after buying an additional 32,162 shares during the last quarter. Marshall Wace LLP acquired a new stake in Johnson Outdoors during the 4th quarter worth approximately $329,000. Finally, Gamco Investors INC. ET AL grew its holdings in Johnson Outdoors by 13.9% in the 4th quarter. Gamco Investors INC. ET AL now owns 355,400 shares of the company's stock valued at $11,728,000 after buying an additional 43,500 shares in the last quarter. Institutional investors own 64.05% of the company's stock.

Johnson Outdoors Stock Down 0.3%

Shares of JOUT traded down $0.09 during midday trading on Wednesday, reaching $27.68. 1,366 shares of the stock were exchanged, compared to its average volume of 48,742. The stock's 50 day simple moving average is $24.72 and its 200 day simple moving average is $28.94. The company has a market cap of $286.05 million, a P/E ratio of -6.19 and a beta of 0.73. Johnson Outdoors Inc. has a twelve month low of $21.33 and a twelve month high of $43.13.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. The firm had revenue of $168.35 million for the quarter, compared to analyst estimates of $178.27 million. Johnson Outdoors had a negative net margin of 8.15% and a negative return on equity of 9.62%. During the same quarter last year, the business posted $0.21 earnings per share. As a group, analysts predict that Johnson Outdoors Inc. will post -0.58 earnings per share for the current year.

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.