9,862 Shares in Winnebago Industries, Inc. (NYSE:WGO) Bought by Oxford Asset Management LLP

Oxford Asset Management LLP bought a new position in Winnebago Industries, Inc. (NYSE:WGO) in the fourth quarter, HoldingsChannel reports. The fund bought 9,862 shares of the construction company’s stock, valued at approximately $471,000.

Several other large investors have also recently bought and sold shares of the company. First Trust Advisors LP grew its stake in shares of Winnebago Industries by 40.6% in the fourth quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company’s stock worth $78,540,000 after purchasing an additional 474,273 shares during the last quarter. Barclays PLC raised its position in Winnebago Industries by 494.5% during the 4th quarter. Barclays PLC now owns 294,703 shares of the construction company’s stock worth $14,081,000 after purchasing an additional 245,131 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Winnebago Industries by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock worth $49,714,000 after buying an additional 173,274 shares during the period. Renaissance Technologies LLC grew its position in shares of Winnebago Industries by 204.8% in the 4th quarter. Renaissance Technologies LLC now owns 214,000 shares of the construction company’s stock valued at $10,225,000 after buying an additional 143,800 shares during the last quarter. Finally, LHM Inc. acquired a new stake in shares of Winnebago Industries in the fourth quarter valued at about $6,077,000.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $32.72 on Friday. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The firm’s 50-day moving average price is $35.06 and its 200-day moving average price is $46.74. The firm has a market capitalization of $916.98 million, a P/E ratio of -49.58 and a beta of 1.49. Winnebago Industries, Inc. has a 1-year low of $28.29 and a 1-year high of $66.05.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same period in the prior year, the business earned $0.93 EPS. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. Equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 4.16%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s payout ratio is currently -544.00%.

Analysts Set New Price Targets

A number of research firms recently commented on WGO. KeyCorp cut their price objective on Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. BMO Capital Markets dropped their price target on shares of Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, March 28th. StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Thursday. Robert W. Baird lowered shares of Winnebago Industries from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $50.00 to $38.00 in a report on Friday, April 4th. Finally, Citigroup decreased their price target on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $51.89.

Insider Buying and Selling at Winnebago Industries

In related news, Director Kevin E. Bryant bought 4,200 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the completion of the transaction, the director now directly owns 13,755 shares in the company, valued at approximately $469,320.60. This represents a 43.96 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jacqueline D. Woods sold 1,503 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This trade represents a 12.04 % decrease in their position. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by company insiders.

Winnebago Industries Company Profile

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.