Two Sigma Advisers LP Acquires New Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Two Sigma Advisers LP acquired a new position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 74,900 shares of the construction company's stock, valued at approximately $3,579,000. Two Sigma Advisers LP owned approximately 0.26% of Winnebago Industries at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Inspire Investing LLC purchased a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $399,000. Prescott Group Capital Management L.L.C. purchased a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $1,433,000. Proficio Capital Partners LLC purchased a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $632,000. Charles Schwab Investment Management Inc. raised its holdings in shares of 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 acquiring an additional 50,634 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Winnebago Industries by 2.2% during the 4th quarter. Rhumbline Advisers now owns 96,821 shares of the construction company's stock worth $4,626,000 after acquiring an additional 2,077 shares in the last quarter.

Insider Buying and Selling at Winnebago Industries

In other news, Director Kevin E. Bryant bought 4,200 shares of the stock in a transaction on Monday, March 31st. The stock was acquired at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the acquisition, the director now owns 13,755 shares of the company's stock, valued at $469,320.60. This represents a 43.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.63% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Baird R W cut Winnebago Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Robert W. Baird downgraded Winnebago Industries from an "outperform" rating to a "neutral" rating and cut their target price for the company from $50.00 to $38.00 in a research report on Friday, April 4th. Benchmark cut their target price on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Citigroup cut their target price on Winnebago Industries from $51.00 to $43.00 and set a "buy" rating on the stock in a research report on Wednesday, March 19th. Finally, KeyCorp cut their target price on Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Winnebago Industries presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.89.

Winnebago Industries Trading Up 1.6%

Winnebago Industries stock traded up $0.53 during mid-day trading on Thursday, hitting $34.22. The company's stock had a trading volume of 545,961 shares, compared to its average volume of 699,496. The company has a 50 day moving average of $33.30 and a 200-day moving average of $43.10. The stock has a market cap of $959.02 million, a PE ratio of -51.85 and a beta of 1.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. Winnebago Industries, Inc. has a one year low of $28.29 and a one year high of $65.65.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. Winnebago Industries's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.93 EPS. On average, research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 3.97%. The ex-dividend date is Wednesday, June 11th. Winnebago Industries's dividend payout ratio (DPR) is presently -544.00%.

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.