Johnson Outdoors Inc. Has Its Shares Acquired By Hancock Whitney Corp.

Johnson Outdoors Inc., a outdoors product manufacturer, that’s also a map illustrator and electronics retailer, recently got its shares acquired by Hancock Whitney Corporation, as detailed by the company’s most recent 13F filing with the Securities and Exchange Commissions.

The fund recently lifted its holding to acquire an additional 4,473 of Johnson Outdoors’ shares, bringing their shares up to 19,030. Hancock Whitney, as of the end of the most recent reporting period, owned about 0.19% of Johnson Outdoors Inc., valued at $1.358 million.

Notably, they’re not the only institutional investors and hedge funds that have made changes to their standings in the company.

THB Asset Management purchased an additional 72,423 shares in Johnson Outdoor during the first quarter of FY 2019, bringing up their cut to 221,935 of the company’s stock, totaling to $15,837,000, and making up 48.4% of Johnson’s shares.

Meanwhile, Squarepoint Ops LLC upped their position in shares of Johnson Outdoors by 48.3% in the fourth quarter, which means that the LLC now has ownership of 8,128 shares of the company’s stock, valued at $477,000, after they acquired an additional 2,648 during the sales period.

Mesirow Financial Investment Management Inc. recently acquired a new position in shares of Johnson Outdoors within the first quarter, valued at around $433,000. Geode Capital Management LLC, meanwhile, also raised its position in the company by 2.6% within the fourth quarter. At the same time period, Geode Capital Management LLC purchased an additional 3,030 shares, meaning that they now own 117,476 shares of Johnson Outdoor’s stock valued at $6,900,000.

Lastly, Alambic Investment Management LP increased their position in Johnson Outdoors by a whopping 178.0% during the fourth quarter, purchasing 17,253 shares of company stock, upping their owned shares up to 26,948, valued at $1.583 million.

As for Johnson itself, the majority of outdoor products, electronics and map illustrator company’s stock, 62.49%, are owned by institutional investors. It also recently announced its quarterly dividend, to be paid on July 25. Investors of record on July 11th will get $0.14 for every share, with the ex-dividend date at July 10, representing a $0.56 annualized dividend, with a yield percentage of 0.72%.