Creekmur Asset Management LLC Purchases New Holdings in Winnebago Industries, Inc. (NYSE:WGO)

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

A number of other hedge funds have also added to or reduced their stakes in WGO. SG Americas Securities LLC bought a new stake in shares of Winnebago Industries during the first quarter worth $1,054,000. GAMMA Investing LLC grew its stake in shares of Winnebago Industries by 9,187.9% during the first quarter. GAMMA Investing LLC now owns 23,777 shares of the construction company's stock worth $819,000 after buying an additional 23,521 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Winnebago Industries by 26.3% during the first quarter. Exchange Traded Concepts LLC now owns 7,216 shares of the construction company's stock worth $249,000 after buying an additional 1,503 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Winnebago Industries by 629.2% during the first quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock worth $28,000 after purchasing an additional 711 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Winnebago Industries during the fourth quarter worth $1,003,000.

Analysts Set New Price Targets

WGO has been the topic of several recent analyst reports. KeyCorp dropped 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. Citigroup dropped their price objective 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. Benchmark decreased their target price on shares of Winnebago Industries from $60.00 to $42.00 and set a "buy" rating for the company in a research report on Monday, June 30th. Wall Street Zen raised shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Sunday, June 29th. 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 assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $42.33.

Winnebago Industries Price Performance

NYSE WGO traded up $0.13 on Monday, hitting $29.75. The stock had a trading volume of 538,323 shares, compared to its average volume of 716,477. Winnebago Industries, Inc. has a 52-week low of $28.00 and a 52-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. The company has a market capitalization of $833.75 million, a price-to-earnings ratio of 23.70 and a beta of 1.01. The firm has a 50-day moving average of $32.70 and a 200-day moving average of $36.82.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its earnings results 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 company had revenue of $775.10 million for the quarter, compared to analysts' expectations 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 revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.13 EPS. Equities analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date was Wednesday, June 11th. Winnebago Industries's payout ratio is -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.