Hunter Associates Investment Management LLC Buys New Position 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) in the first quarter, according to the company in its most recent Form 13F filing 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 approximately 0.15% of Winnebago Industries as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its holdings 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 buying an additional 390 shares in the last quarter. Swiss National Bank raised its holdings in shares of Winnebago Industries by 0.7% during the 4th 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Winnebago Industries by 3.8% during the 4th 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 in the last quarter. Versant Capital Management Inc raised 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 buying an additional 622 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Winnebago Industries by 61.5% during the 1st quarter. Allworth Financial LP now owns 1,663 shares of the construction company's stock worth $55,000 after buying an additional 633 shares in the last quarter.

Winnebago Industries Trading Down 0.2%

Shares of NYSE WGO traded down $0.07 during trading on Friday, reaching $33.34. The company had a trading volume of 572,612 shares, compared to its average volume of 715,776. The company's fifty day moving average price is $32.95 and its 200-day moving average price is $37.40. 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 $934.63 million, a P/E ratio of -56.52 and a beta of 1.01. The company has a quick ratio of 0.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.44.

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

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th were given a $0.34 dividend. 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 dividend payout ratio (DPR) is presently -230.51%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WGO. BMO Capital Markets lowered their target price on Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating for the company in a report on Thursday, June 26th. DA Davidson raised Winnebago Industries to a "hold" rating in a report on Monday, April 14th. Baird R W cut Winnebago Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Citigroup lowered their target price on Winnebago Industries from $37.00 to $33.00 and set a "buy" rating for the company in a report on Thursday, June 26th. Finally, Roth Capital lowered their target price on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Winnebago Industries currently has an average rating of "Moderate Buy" and an average price target of $42.33.

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.