Citadel Advisors LLC acquired a new position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,326 shares of the company’s stock, valued at approximately $317,000.

A number of other large investors also recently bought and sold shares of the business. TIAA CREF Investment Management LLC raised its position in Johnson Outdoors by 1.5% during the second quarter. TIAA CREF Investment Management LLC now owns 13,269 shares of the company’s stock worth $640,000 after acquiring an additional 195 shares during the period. The Manufacturers Life Insurance Company raised its position in Johnson Outdoors by 11.4% during the second quarter. The Manufacturers Life Insurance Company now owns 4,775 shares of the company’s stock worth $231,000 after acquiring an additional 488 shares during the period. Credit Suisse AG raised its position in Johnson Outdoors by 9.6% during the first quarter. Credit Suisse AG now owns 6,711 shares of the company’s stock worth $245,000 after acquiring an additional 586 shares during the period. State Street Corp raised its position in Johnson Outdoors by 1.1% during the second quarter. State Street Corp now owns 107,318 shares of the company’s stock worth $5,176,000 after acquiring an additional 1,163 shares during the period. Finally, New York State Common Retirement Fund raised its position in Johnson Outdoors by 30.4% during the second quarter. New York State Common Retirement Fund now owns 6,000 shares of the company’s stock worth $289,000 after acquiring an additional 1,399 shares during the period. Institutional investors own 61.31% of the company’s stock.

In other news, Director Richard Case Sheahan sold 4,434 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $61.65, for a total transaction of $273,356.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David W. Johnson sold 1,000 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $67.02, for a total transaction of $67,020.00. The disclosure for this sale can be found here. 28.42% of the stock is owned by corporate insiders.

JOUT has been the subject of a number of research reports. Forward View reaffirmed a “buy” rating and set a $72.00 target price on shares of Johnson Outdoors in a report on Sunday, September 3rd. ValuEngine raised shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research lowered shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $67.00.

Shares of Johnson Outdoors Inc. (NASDAQ:JOUT) opened at $60.73 on Thursday. Johnson Outdoors Inc. has a 1-year low of $31.25 and a 1-year high of $76.18. The stock has a market cap of $633.18, a price-to-earnings ratio of 20.64 and a beta of 0.67.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 11th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Wednesday, January 10th. Johnson Outdoors’s payout ratio is 11.43%.

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About Johnson Outdoors

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

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Institutional Ownership by Quarter for Johnson Outdoors (NASDAQ:JOUT)

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