O Shaughnessy Asset Management LLC increased its position in Winnebago Industries, Inc. (NYSE:WGO) by 33.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,689 shares of the construction company’s stock after buying an additional 1,165 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Winnebago Industries were worth $137,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the company. Tudor Investment Corp Et Al acquired a new stake in Winnebago Industries during the fourth quarter valued at approximately $405,000. A.R.T. Advisors LLC purchased a new stake in shares of Winnebago Industries during the fourth quarter worth approximately $1,050,000. Graham Capital Management L.P. boosted its stake in shares of Winnebago Industries by 34.5% in the fourth quarter. Graham Capital Management L.P. now owns 56,500 shares of the construction company’s stock worth $1,788,000 after buying an additional 14,500 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Winnebago Industries by 40.4% in the fourth quarter. Renaissance Technologies LLC now owns 443,169 shares of the construction company’s stock worth $14,026,000 after buying an additional 127,569 shares during the period. Finally, Advisory Research Inc. purchased a new stake in shares of Winnebago Industries during the fourth quarter worth approximately $2,075,000. 84.86% of the stock is owned by institutional investors and hedge funds.
Shares of Winnebago Industries, Inc. (NYSE WGO) traded down 1.424% during trading on Tuesday, hitting $29.425. The stock had a trading volume of 247,505 shares. The stock’s 50-day moving average price is $27.14 and its 200 day moving average price is $30.35. Winnebago Industries, Inc. has a 1-year low of $20.99 and a 1-year high of $39.30. The firm has a market capitalization of $929.42 million, a P/E ratio of 15.286 and a beta of 2.07.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, March 22nd. The construction company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Winnebago Industries had a net margin of 4.74% and a return on equity of 17.74%. The business had revenue of $370.50 million during the quarter, compared to the consensus estimate of $345.19 million. During the same quarter in the prior year, the firm posted $0.35 earnings per share. The company’s revenue was up 64.2% compared to the same quarter last year. On average, analysts anticipate that Winnebago Industries, Inc. will post $2.17 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 26th. Investors of record on Wednesday, July 12th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, July 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.34%. Winnebago Industries’s dividend payout ratio (DPR) is presently 20.83%.
A number of equities research analysts have commented on the company. Zacks Investment Research cut Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Monday, March 27th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating in a report on Thursday, March 23rd. Griffin Securities restated a “buy” rating on shares of Winnebago Industries in a report on Thursday, March 23rd. CL King assumed coverage on Winnebago Industries in a report on Monday, April 24th. They set a “buy” rating and a $32.00 price target on the stock. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $29.00 price target (down from $40.00) on shares of Winnebago Industries in a report on Friday, March 10th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Winnebago Industries presently has an average rating of “Buy” and a consensus target price of $32.80.
In other news, Director William C. Fisher purchased 2,000 shares of the company’s stock in a transaction dated Monday, April 10th. The stock was acquired at an average price of $25.94 per share, with a total value of $51,880.00. Following the purchase, the director now directly owns 13,600 shares in the company, valued at approximately $352,784. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Christopher J. Braun purchased 5,000 shares of the company’s stock in a transaction dated Friday, May 12th. The stock was purchased at an average cost of $27.72 per share, with a total value of $138,600.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 11,278 shares of company stock valued at $301,623. Insiders own 1.50% of the company’s stock.
About Winnebago Industries
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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