Citadel Advisors LLC Sells 33,866 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Citadel Advisors LLC lowered its stake in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 59.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,126 shares of the company's stock after selling 33,866 shares during the period. Citadel Advisors LLC owned approximately 0.22% of Johnson Outdoors worth $763,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake in Johnson Outdoors by 31.1% during the 4th quarter. Ameriprise Financial Inc. now owns 43,397 shares of the company's stock valued at $1,432,000 after purchasing an additional 10,300 shares during the period. Northern Trust Corp boosted its holdings in Johnson Outdoors by 5.5% in the fourth quarter. Northern Trust Corp now owns 53,706 shares of the company's stock worth $1,772,000 after purchasing an additional 2,798 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Johnson Outdoors by 57.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,248 shares of the company's stock worth $74,000 after purchasing an additional 820 shares in the last quarter. Dean Investment Associates LLC boosted its holdings in Johnson Outdoors by 76.7% during the fourth quarter. Dean Investment Associates LLC now owns 74,095 shares of the company's stock valued at $2,445,000 after acquiring an additional 32,162 shares during the period. Finally, Marshall Wace LLP bought a new stake in Johnson Outdoors during the fourth quarter valued at about $329,000. Institutional investors own 64.05% of the company's stock.

Johnson Outdoors Stock Performance

Shares of JOUT traded down $0.67 during trading hours on Monday, reaching $26.52. 52,392 shares of the company traded hands, compared to its average volume of 49,236. The stock's fifty day moving average is $24.66 and its 200 day moving average is $28.99. The stock has a market cap of $274.06 million, a P/E ratio of -5.93 and a beta of 0.73. Johnson Outdoors Inc. has a 1-year low of $21.33 and a 1-year high of $43.13.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. Johnson Outdoors had a negative net margin of 8.15% and a negative return on equity of 9.62%. The business had revenue of $168.35 million during the quarter, compared to analyst estimates of $178.27 million. During the same quarter in the prior year, the business earned $0.21 earnings per share. On average, equities research analysts predict that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

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.