Dean Capital Management Purchases 21,489 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

Dean Capital Management boosted its position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 75.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,942 shares of the company's stock after purchasing an additional 21,489 shares during the quarter. Dean Capital Management owned 0.48% of Johnson Outdoors worth $1,648,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JOUT. Tower Research Capital LLC TRC increased 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 buying an additional 820 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Johnson Outdoors during the fourth quarter worth about $77,000. Wells Fargo & Company MN lifted its holdings in shares of Johnson Outdoors by 26.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,788 shares of the company's stock valued at $92,000 after purchasing an additional 583 shares in the last quarter. US Bancorp DE increased its stake in Johnson Outdoors by 15.4% during the 4th quarter. US Bancorp DE now owns 3,477 shares of the company's stock worth $115,000 after purchasing an additional 465 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Johnson Outdoors during the 4th quarter worth approximately $211,000. Institutional investors own 64.05% of the company's stock.

Johnson Outdoors Trading Up 3.6 %

Shares of JOUT stock traded up $0.92 during trading hours on Friday, hitting $26.33. 95,529 shares of the company were exchanged, compared to its average volume of 50,418. Johnson Outdoors Inc. has a 52 week low of $21.33 and a 52 week high of $43.13. The business has a 50 day moving average of $24.21 and a two-hundred day moving average of $29.67. The company has a market capitalization of $272.09 million, a PE ratio of -5.89 and a beta of 0.73.

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 (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. The firm had revenue of $168.35 million for the quarter, compared to the consensus estimate of $178.27 million. Johnson Outdoors had a negative return on equity of 9.62% and a negative net margin of 8.15%. During the same quarter last year, the business posted $0.21 EPS. On average, research analysts forecast that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

Johnson Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 10th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date was Thursday, April 10th. Johnson Outdoors's dividend payout ratio (DPR) is currently -29.60%.

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.