12,684 Shares in Johnson Outdoors Inc. (JOUT) Purchased by OxFORD Asset Management LLP

OxFORD Asset Management LLP bought a new stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,684 shares of the company’s stock, valued at approximately $919,000. OxFORD Asset Management LLP owned about 0.13% of Johnson Outdoors at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JOUT. TIAA CREF Investment Management LLC grew its position in Johnson Outdoors by 1.5% in 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 grew its position in Johnson Outdoors by 11.4% in 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 grew its position in Johnson Outdoors by 9.6% in 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. Tredje AP fonden grew its position in Johnson Outdoors by 0.8% in the third quarter. Tredje AP fonden now owns 110,265 shares of the company’s stock worth $4,470,000 after acquiring an additional 827 shares during the period. Finally, State Street Corp boosted its position in shares of 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 buying an additional 1,163 shares during the period. 61.31% of the stock is owned by institutional investors and hedge funds.

In other Johnson Outdoors news, Director Richard Case Sheahan sold 4,434 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $61.65, for a total value of $273,356.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO David W. Johnson sold 1,000 shares of the stock in a transaction that occurred 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. 28.03% of the stock is owned by corporate insiders.

A number of research analysts recently issued reports on JOUT shares. ValuEngine upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Forward View reissued a “buy” rating and set a $72.00 price target on shares of Johnson Outdoors in a report on Sunday, September 3rd. Zacks Investment Research lowered Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Imperial Capital reaffirmed an “outperform” rating and issued a $70.00 price objective (up previously from $63.00) on shares of Johnson Outdoors in a report on Friday, December 15th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $71.67.

Shares of Johnson Outdoors Inc. (JOUT) opened at $64.44 on Friday. Johnson Outdoors Inc. has a 12-month low of $31.25 and a 12-month high of $76.18. The firm has a market cap of $640.67, a price-to-earnings ratio of 20.87 and a beta of 0.67.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 11th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, January 10th. This represents a $0.40 annualized dividend and a yield of 0.62%. Johnson Outdoors’s dividend payout ratio (DPR) is 11.43%.

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Johnson Outdoors Profile

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.

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

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