Winnebago Industries, Inc. (NYSE:WGO) Holdings Increased by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP significantly increased its stake in Winnebago Industries by 212.4%, acquiring 13,240 shares, raising their total holdings to 19,474 shares valued at $671,000.
• Several other institutional investors, including Vanguard Group and Norges Bank, also made notable investments in Winnebago during the fourth quarter, suggesting increased interest in the company.
• Winnebago announced a quarterly dividend of $0.34, providing an annualized yield of 4.7%, despite having a negative net margin of -0.62% for the recent quarter.

GSA Capital Partners LLP increased its stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 212.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,474 shares of the construction company's stock after buying an additional 13,240 shares during the period. GSA Capital Partners LLP owned 0.07% of Winnebago Industries worth $671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of WGO. Farther Finance Advisors LLC raised its holdings in shares of Winnebago Industries by 36,000.0% in the 1st 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 boosted its position in Winnebago Industries by 304.9% in the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock valued at $28,000 after buying an additional 622 shares during the last quarter. Parallel Advisors LLC lifted its position 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 during the period. Signaturefd LLC purchased a new position in Winnebago Industries during the first quarter valued at approximately $31,000. Finally, Sterling Capital Management LLC grew 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 valued at $43,000 after acquiring an additional 807 shares during the period.

Analyst Ratings Changes

Several research firms have recently weighed in on WGO. BMO Capital Markets decreased their price target on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, June 26th. DA Davidson raised Winnebago Industries to a "hold" rating in a research report on Monday, April 14th. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Sunday, June 29th. Citigroup reduced 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. Finally, Benchmark reduced their target price on Winnebago Industries from $60.00 to $42.00 and set a "buy" rating on the stock in a research note on Monday, June 30th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $42.33.

Winnebago Industries Stock Down 0.5%

NYSE WGO traded down $0.17 on Thursday, reaching $30.38. The company had a trading volume of 276,314 shares, compared to its average volume of 773,987. Winnebago Industries, Inc. has a 1 year low of $28.00 and a 1 year high of $65.65. The firm has a market capitalization of $851.41 million, a PE ratio of -51.70 and a beta of 1.06. 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 firm has a 50-day moving average of $31.49 and a 200-day moving average of $35.42.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings data 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. The company 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 firm's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period last year, the business earned $1.13 EPS. On average, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th were paid a $0.34 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $1.36 annualized dividend and a dividend yield of 4.5%. Winnebago Industries's dividend payout ratio (DPR) is presently -230.51%.

Winnebago Industries 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.