Teton Advisors Inc. Sells 4,400 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Teton Advisors Inc. cut its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 12.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,000 shares of the construction company’s stock after selling 4,400 shares during the period. Teton Advisors Inc.’s holdings in Winnebago Industries were worth $2,332,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WGO. Dimensional Fund Advisors LP increased its holdings in shares of Winnebago Industries by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,215,239 shares of the construction company’s stock worth $161,448,000 after purchasing an additional 44,987 shares during the period. Goldman Sachs Group Inc. increased its stake in Winnebago Industries by 10.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,660,866 shares of the construction company’s stock worth $121,044,000 after acquiring an additional 161,987 shares during the period. Broad Peak Investment Holdings Ltd. raised its holdings in Winnebago Industries by 108.2% in the 4th quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock valued at $53,325,000 after acquiring an additional 380,200 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Winnebago Industries by 44.7% in the 4th quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after acquiring an additional 208,452 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Winnebago Industries by 10.9% during the 3rd quarter. American Century Companies Inc. now owns 471,203 shares of the construction company’s stock valued at $28,013,000 after acquiring an additional 46,325 shares during the period.

Wall Street Analyst Weigh In

A number of research firms recently commented on WGO. DA Davidson boosted their price target on Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, March 26th. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $70.00 price target on shares of Winnebago Industries in a report on Thursday, March 21st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $71.80.

Winnebago Industries Price Performance

Shares of WGO stock traded up $0.20 on Monday, hitting $63.27. 367,866 shares of the company’s stock were exchanged, compared to its average volume of 591,383. Winnebago Industries, Inc. has a 12 month low of $54.70 and a 12 month high of $75.42. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.84 and a quick ratio of 1.52. The company has a 50 day moving average of $67.26 and a 200 day moving average of $66.69. The stock has a market cap of $1.85 billion, a P/E ratio of 18.94 and a beta of 1.71.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. The firm had revenue of $703.60 million during the quarter, compared to analysts’ expectations of $692.63 million. On average, equities research analysts predict that Winnebago Industries, Inc. will post 5.15 EPS for the current year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th were given a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.24 dividend on an annualized basis and a yield of 1.96%. Winnebago Industries’s dividend payout ratio is currently 37.13%.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.