7,018 Shares in Winnebago Industries, Inc. (NYSE:WGO) Acquired by AlphaQuest LLC

AlphaQuest LLC purchased a new position in Winnebago Industries, Inc. (NYSE:WGO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,018 shares of the construction company’s stock, valued at approximately $335,000.

A number of other institutional investors have also recently made changes to their positions in WGO. Empowered Funds LLC increased its stake in Winnebago Industries by 5.3% in the third quarter. Empowered Funds LLC now owns 124,191 shares of the construction company’s stock valued at $7,217,000 after acquiring an additional 6,298 shares during the last quarter. Aviance Capital Partners LLC boosted its holdings in shares of Winnebago Industries by 20.4% in the 3rd quarter. Aviance Capital Partners LLC now owns 22,138 shares of the construction company’s stock worth $1,286,000 after purchasing an additional 3,751 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Winnebago Industries by 123.5% in the 3rd quarter. Intech Investment Management LLC now owns 13,960 shares of the construction company’s stock worth $811,000 after purchasing an additional 7,715 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Winnebago Industries by 10.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 574,914 shares of the construction company’s stock valued at $33,408,000 after purchasing an additional 54,272 shares during the last quarter. Finally, Quantbot Technologies LP raised its holdings in shares of Winnebago Industries by 94.5% during the 3rd quarter. Quantbot Technologies LP now owns 64,291 shares of the construction company’s stock valued at $3,736,000 after buying an additional 31,242 shares in the last quarter.

Winnebago Industries Stock Up 4.3 %

Shares of NYSE:WGO opened at $36.04 on Friday. Winnebago Industries, Inc. has a 1 year low of $34.12 and a 1 year high of $74.10. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The stock’s 50-day moving average is $44.00 and its 200 day moving average is $52.26. The company has a market cap of $1.02 billion, a PE ratio of -54.61 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The business had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. During the same quarter in the prior year, the company earned $1.06 EPS. Winnebago Industries’s revenue was down 18.0% compared to the same quarter last year. Sell-side analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were given a $0.34 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 annualized dividend and a dividend yield of 3.77%. Winnebago Industries’s dividend payout ratio is -206.06%.

Analyst Upgrades and Downgrades

WGO has been the topic of a number of recent research reports. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Thursday, March 6th. Truist Financial increased their target price on shares of Winnebago Industries from $56.00 to $58.00 and gave the company a “buy” rating in a report on Monday, February 10th. KeyCorp raised shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price target for the company in a research note on Wednesday, January 8th. DA Davidson cut their price target on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. Finally, Benchmark reissued a “buy” rating and issued a $70.00 target price on shares of Winnebago Industries in a research note on Monday, December 23rd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.00.

Insider Activity

In other news, Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 10,985 shares in the company, valued at $486,855.20. This trade represents a 12.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.63% of the company’s stock.

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.