Aviance Capital Partners LLC Grows Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Aviance Capital Partners LLC raised its position in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 62.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in Winnebago Industries by 270.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock valued at $25,000 after acquiring an additional 390 shares in the last quarter. Swiss National Bank lifted its stake in shares of Winnebago Industries by 0.7% during the fourth quarter. Swiss National Bank now owns 56,900 shares of the construction company's stock worth $2,719,000 after buying an additional 400 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Winnebago Industries by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,084 shares of the construction company's stock worth $768,000 after buying an additional 591 shares during the period. Versant Capital Management Inc lifted its stake in shares of Winnebago Industries by 304.9% during the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock worth $28,000 after buying an additional 622 shares during the period. Finally, Signal Advisors Wealth LLC lifted its stake in shares of Winnebago Industries by 3.3% during the first quarter. Signal Advisors Wealth LLC now owns 20,356 shares of the construction company's stock worth $702,000 after buying an additional 643 shares during the period.

Winnebago Industries Stock Performance

NYSE WGO traded down $0.45 on Friday, reaching $31.36. 377,498 shares of the company's stock traded hands, compared to its average volume of 715,672. The firm has a market cap of $878.88 million, a price-to-earnings ratio of -53.14 and a beta of 1.01. The stock has a 50 day moving average price of $32.99 and a 200-day moving average price of $38.32. Winnebago Industries, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $65.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 2.41.

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

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders 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 dividend on an annualized basis and a yield of 4.34%. Winnebago Industries's payout ratio is -230.51%.

Analysts Set New Price Targets

Several research firms have recently commented on WGO. DA Davidson upgraded shares of Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. Citigroup lowered their price objective on shares of Winnebago Industries from $37.00 to $33.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Roth Capital lowered their price objective on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Sunday, June 29th. Finally, BMO Capital Markets lowered their price objective on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating for the company in a research note on Thursday, June 26th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Winnebago Industries presently has an average rating of "Moderate Buy" and a consensus target price of $42.33.

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.