Aviance Capital Partners LLC Has $1.51 Million Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Aviance Capital Partners LLC increased its holdings in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 62.1% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 43,683 shares of the construction company's stock after acquiring an additional 16,732 shares during the period. Aviance Capital Partners LLC owned approximately 0.16% of Winnebago Industries worth $1,505,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in shares of Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock worth $25,000 after buying an additional 390 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Winnebago Industries by 36,000.0% during the first quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock worth $25,000 after buying an additional 720 shares during the period. Parallel Advisors LLC raised its holdings in Winnebago Industries by 629.2% in the first quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock valued at $28,000 after acquiring an additional 711 shares in the last quarter. Versant Capital Management Inc lifted its stake in Winnebago Industries by 304.9% in the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock worth $28,000 after acquiring an additional 622 shares during the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of Winnebago Industries by 823.5% in the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock valued at $43,000 after purchasing an additional 807 shares during the last quarter.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded down $0.94 on Monday, hitting $30.59. The company had a trading volume of 580,539 shares, compared to its average volume of 716,173. The business has a 50-day simple moving average of $32.96 and a 200-day simple moving average of $37.97. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 0.89. The company has a market cap of $857.44 million, a PE ratio of -51.85 and a beta of 1.01. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week high of $65.65.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The construction company reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.02. The firm had revenue of $775.10 million during the quarter, compared to analyst estimates of $808.15 million. Winnebago Industries had a negative net margin of 0.62% and a positive return on equity of 2.86%. The company's revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. Research analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were issued a $0.34 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $1.36 annualized dividend and a yield of 4.45%. Winnebago Industries's dividend payout ratio (DPR) is presently -230.51%.

Analyst Upgrades and Downgrades

WGO has been the subject of several research reports. BMO Capital Markets reduced their price target on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating for the company in a research report on Thursday, June 26th. Citigroup lowered their price objective on Winnebago Industries from $37.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, June 26th. Robert W. Baird decreased their price target on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. KeyCorp decreased their price target on Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating on the stock in a research note on Thursday, June 26th. Finally, Roth Capital reduced their target price on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $42.33.

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.