Dynamic Technology Lab Private Ltd lifted its position in Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 73.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,268 shares of the RV manufacturer’s stock after acquiring an additional 19,138 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.16% of Winnebago Industries worth $1,835,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after acquiring an additional 364 shares in the last quarter. Clearstead Advisors LLC bought a new stake in shares of Winnebago Industries in the 4th quarter worth $35,000. Hantz Financial Services Inc. grew its stake in shares of Winnebago Industries by 825.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock worth $40,000 after acquiring an additional 1,073 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after acquiring an additional 309 shares in the last quarter. Finally, State of Wyoming grew its stake in shares of Winnebago Industries by 151.4% in the 2nd quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock worth $99,000 after acquiring an additional 2,051 shares in the last quarter.
Winnebago Industries Price Performance
WGO opened at $29.29 on Friday. The firm has a market cap of $828.06 million, a P/E ratio of 19.93 and a beta of 1.12. The firm has a 50-day moving average of $30.68 and a 200 day moving average of $37.38. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.99 and a current ratio of 2.30. Winnebago Industries, Inc. has a fifty-two week low of $27.29 and a fifty-two week high of $50.16.
Winnebago Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Wednesday, June 10th. Winnebago Industries’s dividend payout ratio (DPR) is currently 95.24%.
Analysts Set New Price Targets
Several analysts have recently issued reports on WGO shares. Robert W. Baird reduced their target price on shares of Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday, March 26th. Citigroup lowered shares of Winnebago Industries from a “buy” rating to a “neutral” rating and reduced their price target for the company from $46.00 to $30.00 in a research report on Wednesday, May 27th. Wall Street Zen lowered shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. BMO Capital Markets reduced their price target on shares of Winnebago Industries from $55.00 to $48.00 and set an “outperform” rating for the company in a research report on Thursday, March 26th. Finally, Weiss Ratings lowered shares of Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $40.70.
Check Out Our Latest Stock Report on Winnebago Industries
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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