Creekmur Asset Management LLC Acquires Shares of 10,727 Winnebago Industries, Inc. (NYSE:WGO)

Creekmur Asset Management LLC acquired a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,727 shares of the construction company's stock, valued at approximately $370,000.

A number of other large investors have also recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its holdings in Winnebago Industries by 36,000.0% during the first quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock valued at $25,000 after purchasing an additional 720 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Winnebago Industries by 304.9% during the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock valued at $28,000 after purchasing an additional 622 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Winnebago Industries by 629.2% during the first quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock valued at $28,000 after purchasing an additional 711 shares in the last quarter. Signaturefd LLC purchased a new position in Winnebago Industries during the first quarter valued at approximately $31,000. Finally, Sterling Capital Management LLC lifted its holdings in Winnebago Industries by 823.5% during the fourth 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 in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Robert W. Baird lowered their price target on shares of Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. Roth Capital lowered their target price on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. BMO Capital Markets lowered their target price on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a report on Thursday, June 26th. KeyCorp lowered their target price on shares of Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating on the stock in a report on Thursday, June 26th. Finally, Citigroup lowered their target price on shares of Winnebago Industries from $37.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, June 26th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $42.33.

Winnebago Industries Price Performance

WGO traded up $0.43 during trading hours on Monday, hitting $30.05. The company's stock had a trading volume of 63,270 shares, compared to its average volume of 714,606. The business's 50-day moving average price is $32.70 and its 200-day moving average price is $36.82. Winnebago Industries, Inc. has a 12 month low of $28.00 and a 12 month high of $65.65. The stock has a market cap of $842.28 million, a price-to-earnings ratio of -50.97 and a beta of 1.01. The company has a current ratio of 2.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44.

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

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 4.53%. The ex-dividend date was Wednesday, June 11th. Winnebago Industries's dividend payout ratio is presently -230.51%.

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.