Capital Fund Management S.A. Has $2.63 Million Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Capital Fund Management S.A. cut its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 43.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,017 shares of the construction company's stock after selling 42,142 shares during the period. Capital Fund Management S.A. owned about 0.19% of Winnebago Industries worth $2,629,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Winnebago Industries by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 2,181,874 shares of the construction company's stock valued at $104,250,000 after buying an additional 48,517 shares in the last quarter. State Street Corp raised its stake in shares of Winnebago Industries by 0.6% in the third quarter. State Street Corp now owns 1,130,796 shares of the construction company's stock worth $65,711,000 after acquiring an additional 6,979 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Winnebago Industries by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company's stock worth $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Winnebago Industries by 8.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company's stock valued at $29,889,000 after purchasing an additional 50,634 shares during the last quarter. Finally, William Blair Investment Management LLC increased its holdings in shares of Winnebago Industries by 2.1% in the fourth quarter. William Blair Investment Management LLC now owns 494,151 shares of the construction company's stock valued at $23,611,000 after purchasing an additional 10,202 shares in the last quarter.

Insider Activity at Winnebago Industries

In other news, Director Jacqueline D. Woods sold 1,503 shares of the company'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 transaction of $66,612.96. Following the sale, the director now owns 10,985 shares in the company, valued at $486,855.20. This represents a 12.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kevin E. Bryant bought 4,200 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were purchased at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the acquisition, the director now owns 13,755 shares of the company's stock, valued at $469,320.60. The trade was a 43.96 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on WGO shares. Robert W. Baird cut Winnebago Industries from an "outperform" rating to a "neutral" rating and lowered their target price for the company from $50.00 to $38.00 in a research note on Friday, April 4th. Truist Financial dropped their price objective on Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a report on Monday, April 14th. BMO Capital Markets dropped their price target on shares of Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a research note on Friday, March 28th. Benchmark reduced their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Finally, DA Davidson upgraded shares of Winnebago Industries to a "hold" rating in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Winnebago Industries currently has an average rating of "Hold" and an average target price of $51.89.

Winnebago Industries Stock Up 3.4 %

Shares of NYSE:WGO traded up $1.00 during midday trading on Friday, reaching $30.64. 637,783 shares of the company were exchanged, compared to its average volume of 695,778. The firm has a market cap of $858.55 million, a PE ratio of -46.42 and a beta of 1.49. Winnebago Industries, Inc. has a fifty-two week low of $28.29 and a fifty-two week high of $66.05. The stock has a fifty day simple moving average of $36.31 and a two-hundred day simple moving average of $47.54. 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 released its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company's revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. As a group, sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries's payout ratio is -544.00%.

About Winnebago Industries

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.