Universal Beteiligungs und Servicegesellschaft mbH Acquires New Position in Winnebago Industries, Inc. (NYSE:WGO)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 66,456 shares of the construction company's stock, valued at approximately $3,175,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.23% of Winnebago Industries at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in Winnebago Industries by 270.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock valued at $25,000 after buying an additional 390 shares during the period. Swiss National Bank boosted its position in shares of Winnebago Industries by 0.7% during the 4th quarter. Swiss National Bank now owns 56,900 shares of the construction company's stock worth $2,719,000 after purchasing an additional 400 shares during the period. KBC Group NV boosted its position in shares of Winnebago Industries by 64.5% during the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after purchasing an additional 587 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Winnebago Industries by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,084 shares of the construction company's stock worth $768,000 after purchasing an additional 591 shares during the period. Finally, Sterling Capital Management LLC boosted its position in shares of Winnebago Industries by 823.5% during the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock worth $43,000 after purchasing an additional 807 shares during the period.

Winnebago Industries Stock Up 1.3%

Shares of WGO stock traded up $0.42 during trading hours on Friday, reaching $33.25. 209,689 shares of the stock were exchanged, compared to its average volume of 707,383. The business's fifty day moving average is $33.13 and its two-hundred day moving average is $41.95. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. Winnebago Industries, Inc. has a 12-month low of $28.29 and a 12-month high of $65.65. The firm has a market capitalization of $931.80 million, a P/E ratio of -50.17 and a beta of 1.12.

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

Winnebago Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a yield of 4.09%. Winnebago Industries's dividend payout ratio is presently -544.00%.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, Director Kevin E. Bryant acquired 4,200 shares of the business's stock in a transaction on Monday, March 31st. The stock was purchased at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.63% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

WGO has been the subject of a number of research analyst reports. Truist Financial increased their price objective on shares of Winnebago Industries from $38.00 to $40.00 and gave the stock a "buy" rating in a research report on Tuesday. Benchmark lowered their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. BMO Capital Markets lowered their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. KeyCorp lowered their price objective on shares of Winnebago Industries from $40.00 to $37.00 and set an "overweight" rating for the company in a research report on Friday. Finally, DA Davidson raised shares of Winnebago Industries to a "hold" rating in a research report on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $51.78.

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.