Peregrine Capital Management LLC Purchases 27,361 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Peregrine Capital Management LLC lifted its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 39.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,546 shares of the construction company's stock after purchasing an additional 27,361 shares during the quarter. Peregrine Capital Management LLC owned 0.34% of Winnebago Industries worth $3,327,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in 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 in the last quarter. Swiss National Bank boosted its position in shares of Winnebago Industries by 0.7% during the fourth quarter. Swiss National Bank now owns 56,900 shares of the construction company's stock valued at $2,719,000 after buying an additional 400 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Winnebago Industries by 3.8% during the fourth 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 position in Winnebago Industries by 304.9% in the 1st 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. Finally, Signal Advisors Wealth LLC raised its position in Winnebago Industries by 3.3% in the 1st quarter. Signal Advisors Wealth LLC now owns 20,356 shares of the construction company's stock valued at $702,000 after buying an additional 643 shares during the last quarter.

Winnebago Industries Stock Performance

Shares of WGO traded down $0.45 during trading hours on Friday, hitting $31.36. The company's stock had a trading volume of 377,498 shares, compared to its average volume of 715,672. The business has a 50 day simple moving average of $32.99 and a two-hundred day simple moving average of $38.32. 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 current ratio of 2.41 and a quick ratio of 0.89. The company has a market cap of $878.88 million, a price-to-earnings ratio of -53.14 and a beta of 1.01.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its earnings results on Wednesday, June 25th. The construction company reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business 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 firm posted $1.13 EPS. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. On average, equities analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were issued a dividend of $0.34 per share. The ex-dividend date was Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a yield of 4.34%. Winnebago Industries's dividend payout ratio (DPR) is -230.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Benchmark dropped their target price on shares of Winnebago Industries from $60.00 to $42.00 and set a "buy" rating on the stock in a research report on Monday. BMO Capital Markets lowered their price objective on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research report on Thursday, June 26th. DA Davidson upgraded shares of Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Sunday, June 29th. Finally, Baird R W cut shares of Winnebago Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.