Deprince Race & Zollo Inc. boosted its position in Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 300.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 573,448 shares of the RV manufacturer’s stock after acquiring an additional 430,300 shares during the period. Deprince Race & Zollo Inc.’s holdings in Winnebago Industries were worth $17,771,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Winnebago Industries by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer’s stock worth $80,644,000 after purchasing an additional 15,114 shares during the last quarter. UBS Group AG grew its position in shares of Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after buying an additional 937,140 shares during the period. Pzena Investment Management LLC acquired a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $37,642,000. Charles Schwab Investment Management Inc. raised its stake in shares of Winnebago Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 889,184 shares of the RV manufacturer’s stock worth $36,030,000 after buying an additional 72,478 shares during the last quarter. Finally, Maple Rock Capital Partners Inc. raised its stake in shares of Winnebago Industries by 111.2% during the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after buying an additional 358,100 shares during the last quarter.
Winnebago Industries Price Performance
Shares of WGO stock opened at $31.16 on Friday. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. Winnebago Industries, Inc. has a 12-month low of $26.80 and a 12-month high of $50.16. The firm has a fifty day moving average of $29.94 and a 200-day moving average of $36.59. The firm has a market capitalization of $880.78 million, a price-to-earnings ratio of 22.91 and a beta of 1.12.
Winnebago Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Wednesday, June 10th. Winnebago Industries’s dividend payout ratio is 102.94%.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. DA Davidson reiterated a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a report on Monday, June 15th. Robert W. Baird cut their target price on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. KeyCorp restated a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th. Finally, BMO Capital Markets decreased their target price on Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating for the company in a research report on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $37.22.
Check Out Our Latest Report on WGO
Winnebago Industries Profile
Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.
In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.
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