Hunter Associates Investment Management LLC Invests $1.41 Million in Winnebago Industries, Inc. (NYSE:WGO)

Hunter Associates Investment Management LLC purchased a new position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 40,915 shares of the construction company's stock, valued at approximately $1,407,000. Hunter Associates Investment Management LLC owned about 0.15% of Winnebago Industries as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its position in shares of Winnebago Industries by 270.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock worth $25,000 after purchasing an additional 390 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Winnebago Industries by 36,000.0% during the 1st quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock worth $25,000 after acquiring an additional 720 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Winnebago Industries by 629.2% during the 1st quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock worth $28,000 after acquiring an additional 711 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of Winnebago Industries by 304.9% during the 1st 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 holdings 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 worth $43,000 after acquiring an additional 807 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Wall Street Zen raised Winnebago Industries from a "sell" rating to a "hold" rating in a report on Sunday, June 29th. KeyCorp decreased their target price on Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating on the stock in a report on Thursday, June 26th. Benchmark decreased their target price on Winnebago Industries from $60.00 to $42.00 and set a "buy" rating on the stock in a report on Monday, June 30th. Robert W. Baird decreased their target price on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. Finally, Roth Capital reduced their price target on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. 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 stock has a consensus rating of "Moderate Buy" and a consensus price target of $42.33.

Winnebago Industries Stock Performance

WGO traded down $0.07 during trading on Friday, hitting $33.34. The stock had a trading volume of 572,612 shares, compared to its average volume of 715,776. The company has a 50 day moving average price of $32.95 and a 200-day moving average price of $37.48. The firm has a market cap of $934.63 million, a price-to-earnings ratio of -56.52 and a beta of 1.01. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 0.89. Winnebago Industries, Inc. has a one year low of $28.00 and a one year high of $65.65.

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

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.08%. Winnebago Industries's payout ratio is -230.51%.

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.