Autumn Glory Partners LLC Has $475,000 Stock Holdings in Johnson Outdoors Inc. (NASDAQ:JOUT)

Autumn Glory Partners LLC boosted its position in Johnson Outdoors Inc. (NASDAQ:JOUT) by 101.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 13,120 shares of the company’s stock after purchasing an additional 6,610 shares during the period. Autumn Glory Partners LLC owned about 0.13% of Johnson Outdoors worth $475,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of JOUT. Vanguard Group Inc. lifted its position in Johnson Outdoors by 13.9% during the first quarter. Vanguard Group Inc. now owns 346,115 shares of the company’s stock worth $15,959,000 after acquiring an additional 42,314 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in Johnson Outdoors by 39.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 248,300 shares of the company’s stock valued at $11,449,000 after purchasing an additional 70,300 shares during the period. ProShare Advisors LLC grew its holdings in Johnson Outdoors by 17.3% in the 1st quarter. ProShare Advisors LLC now owns 163,026 shares of the company’s stock valued at $7,517,000 after buying an additional 23,987 shares in the last quarter. Empowered Funds LLC increased its position in Johnson Outdoors by 8.2% during the 1st quarter. Empowered Funds LLC now owns 16,213 shares of the company’s stock worth $748,000 after buying an additional 1,225 shares during the period. Finally, Prosperity Consulting Group LLC acquired a new stake in shares of Johnson Outdoors during the first quarter worth $306,000. Institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Trading Up 1.3 %

Shares of JOUT stock opened at $32.59 on Tuesday. The stock has a market cap of $335.71 million, a P/E ratio of 69.34, a price-to-earnings-growth ratio of 1.40 and a beta of 0.70. Johnson Outdoors Inc. has a 1 year low of $32.13 and a 1 year high of $55.30. The stock has a 50 day simple moving average of $35.48 and a 200 day simple moving average of $36.74.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Monday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.06). Johnson Outdoors had a negative return on equity of 1.65% and a negative net margin of 1.42%. The company had revenue of $172.47 million for the quarter, compared to analyst estimates of $176.14 million. During the same period last year, the company posted $1.44 earnings per share. Analysts forecast that Johnson Outdoors Inc. will post 0.07 EPS for the current year.

Johnson Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Wednesday, October 9th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.05%. The ex-dividend date was Wednesday, October 9th. Johnson Outdoors’s payout ratio is presently 280.85%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Johnson Outdoors from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th.

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.