Winnebago Industries, Inc. (NYSE:WGO) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 1,930.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 321,662 shares of the construction company's stock after acquiring an additional 305,818 shares during the quarter. BNP Paribas Financial Markets owned approximately 1.13% of Winnebago Industries worth $15,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of WGO. Harbor Capital Advisors Inc. boosted its position in shares of Winnebago Industries by 15.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 10,638 shares of the construction company's stock worth $508,000 after acquiring an additional 1,417 shares during the last quarter. TT International Asset Management LTD boosted its position in shares of Winnebago Industries by 10.9% in the fourth quarter. TT International Asset Management LTD now owns 58,676 shares of the construction company's stock worth $2,803,000 after acquiring an additional 5,773 shares during the last quarter. Signal Advisors Wealth LLC boosted its position in shares of Winnebago Industries by 3.9% in the fourth quarter. Signal Advisors Wealth LLC now owns 19,713 shares of the construction company's stock worth $942,000 after acquiring an additional 732 shares during the last quarter. Inspire Investing LLC acquired a new stake in shares of Winnebago Industries in the fourth quarter worth approximately $399,000. Finally, Exchange Traded Concepts LLC boosted its position in shares of Winnebago Industries by 9.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,713 shares of the construction company's stock worth $273,000 after acquiring an additional 506 shares during the last quarter.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BMO Capital Markets cut their price target on shares of Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Citigroup cut their price target on shares of Winnebago Industries from $51.00 to $43.00 and set a "buy" rating on the stock in a report on Wednesday, March 19th. Baird R W lowered shares of Winnebago Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. StockNews.com upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a report on Friday, May 2nd. Finally, Robert W. Baird lowered shares of Winnebago Industries from an "outperform" rating to a "neutral" rating and cut their price target for the company from $50.00 to $38.00 in a report on Friday, April 4th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.89.

Winnebago Industries Stock Up 0.4%

Shares of WGO traded up $0.15 during mid-day trading on Friday, reaching $36.46. 126,292 shares of the stock traded hands, compared to its average volume of 696,687. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of -55.19 and a beta of 1.12. The stock has a fifty day simple moving average of $33.38 and a 200 day simple moving average of $44.57. Winnebago Industries, Inc. has a 12-month low of $28.29 and a 12-month high of $65.65. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. The business had revenue of $620.20 million during the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The business's revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.73%. Winnebago Industries's dividend payout ratio (DPR) is presently -544.00%.

Insider Buying and Selling

In other Winnebago Industries news, Director Kevin E. Bryant acquired 4,200 shares of the firm's stock in a transaction on Monday, March 31st. The stock was purchased at an average price of $34.12 per share, with a total value of $143,304.00. Following the completion of the acquisition, the director now directly owns 13,755 shares in the company, valued at $469,320.60. This trade represents a 43.96% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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.