ProShare Advisors LLC Purchases 35,612 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

ProShare Advisors LLC grew its position in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 231,016 shares of the company's stock after purchasing an additional 35,612 shares during the quarter. ProShare Advisors LLC owned about 2.24% of Johnson Outdoors worth $7,624,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in JOUT. Barclays PLC grew its holdings in Johnson Outdoors by 182.9% in the 3rd quarter. Barclays PLC now owns 6,575 shares of the company's stock valued at $238,000 after buying an additional 4,251 shares in the last quarter. Diversified Investment Strategies LLC boosted its position in shares of Johnson Outdoors by 3.7% in the fourth quarter. Diversified Investment Strategies LLC now owns 43,194 shares of the company's stock valued at $1,425,000 after acquiring an additional 1,529 shares during the period. Empowered Funds LLC grew its stake in shares of Johnson Outdoors by 4.9% in the fourth quarter. Empowered Funds LLC now owns 19,314 shares of the company's stock valued at $637,000 after acquiring an additional 903 shares in the last quarter. Legato Capital Management LLC grew its stake in shares of Johnson Outdoors by 91.2% in the fourth quarter. Legato Capital Management LLC now owns 31,406 shares of the company's stock valued at $1,036,000 after acquiring an additional 14,977 shares in the last quarter. Finally, Peapod Lane Capital LLC bought a new position in Johnson Outdoors during the fourth quarter worth about $1,809,000. Institutional investors own 64.05% of the company's stock.

Johnson Outdoors Price Performance

Johnson Outdoors stock traded down $0.15 during midday trading on Tuesday, hitting $27.10. The company's stock had a trading volume of 35,450 shares, compared to its average volume of 49,550. The company has a market cap of $280.05 million, a price-to-earnings ratio of -6.06 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. The company has a 50-day moving average price of $24.37 and a two-hundred day moving average price of $29.41.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last released its quarterly 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 company had revenue of $168.35 million during the quarter, compared to the consensus estimate 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 period in the previous year, the business earned $0.21 earnings per share. Sell-side analysts forecast that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

Johnson Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 10th were given a dividend of $0.33 per share. The ex-dividend date was Thursday, April 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.87%. Johnson Outdoors's payout ratio is -29.60%.

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.