30,578 Shares in Winnebago Industries, Inc. (NYSE:WGO) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 30,578 shares of the construction company's stock, valued at approximately $1,054,000. SG Americas Securities LLC owned approximately 0.11% of Winnebago Industries at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Prescott Group Capital Management L.L.C. purchased a new stake in shares of Winnebago Industries during the fourth quarter worth about $1,433,000. Proficio Capital Partners LLC purchased a new stake in Winnebago Industries during the fourth quarter worth approximately $632,000. Charles Schwab Investment Management Inc. boosted its position in Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company's stock worth $29,889,000 after purchasing an additional 50,634 shares during the period. GAMMA Investing LLC boosted its position in Winnebago Industries by 9,187.9% during the 1st quarter. GAMMA Investing LLC now owns 23,777 shares of the construction company's stock worth $819,000 after purchasing an additional 23,521 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Winnebago Industries by 2.2% during the fourth quarter. Rhumbline Advisers now owns 96,821 shares of the construction company's stock worth $4,626,000 after purchasing an additional 2,077 shares in the last quarter.

Insider Activity

In other news, Director Kevin E. Bryant acquired 4,200 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were purchased at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the acquisition, the director now owns 13,755 shares of the company's stock, valued at approximately $469,320.60. This represents a 43.96% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.63% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

WGO has been the topic of a number of recent research reports. Robert W. Baird cut shares of Winnebago Industries from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $50.00 to $38.00 in a research report on Friday, April 4th. DA Davidson upgraded shares of Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. Citigroup boosted their target price on shares of Winnebago Industries from $36.00 to $37.00 and gave the company a "buy" rating in a research note on Friday, June 6th. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Truist Financial upped their price objective on shares of Winnebago Industries from $38.00 to $40.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Five investment 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $50.00.

Winnebago Industries Price Performance

NYSE WGO traded down $0.03 on Friday, reaching $31.25. The company's stock had a trading volume of 942,154 shares, compared to its average volume of 708,205. Winnebago Industries, Inc. has a twelve month low of $28.29 and a twelve month high of $65.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.94 and a current ratio of 2.17. The stock has a market cap of $875.57 million, a PE ratio of -124.99 and a beta of 1.07. The firm's 50 day moving average is $33.16 and its two-hundred day moving average is $39.96.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, meeting analysts' consensus estimates of $0.19. Winnebago Industries had a negative net margin of 0.21% and a positive return on equity of 3.73%. The company had revenue of $620.20 million during the quarter, compared to analyst estimates of $621.41 million. During the same period in the prior year, the firm earned $0.93 earnings per share. The business's quarterly revenue was down 11.9% on a year-over-year basis. As a group, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.35%. Winnebago Industries's dividend payout ratio is -544.00%.

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.