UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $4.05 Million Stake in Winnebago Industries, Inc. (NYSE:WGO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 18.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 84,693 shares of the construction company's stock after purchasing an additional 13,365 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Winnebago Industries worth $4,047,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in WGO. Smartleaf Asset Management LLC lifted 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. Sterling Capital Management LLC raised its stake in Winnebago Industries by 823.5% in the fourth quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock valued at $43,000 after buying an additional 807 shares in the last quarter. KBC Group NV lifted its holdings in Winnebago Industries by 64.5% during the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after buying an additional 587 shares during the last quarter. Headlands Technologies LLC boosted its position in shares of Winnebago Industries by 129.0% during the 4th quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company's stock worth $97,000 after acquiring an additional 1,143 shares in the last quarter. Finally, Hager Investment Management Services LLC acquired a new position in shares of Winnebago Industries during the 4th quarter worth about $216,000.

Analysts Set New Price Targets

WGO has been the subject of several research reports. DA Davidson raised Winnebago Industries to a "hold" rating in a report on Monday, April 14th. Benchmark reduced their price objective on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. BMO Capital Markets decreased their price objective on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a report on Friday, March 28th. Citigroup raised their target price on shares of Winnebago Industries from $36.00 to $37.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Wall Street Zen raised shares of Winnebago Industries from a "sell" rating to a "hold" rating in a report on Friday, May 2nd. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $51.11.

Insiders Place Their Bets

In related news, Director Kevin E. Bryant purchased 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, with a total value of $143,304.00. Following the purchase, the director now owns 13,755 shares of the company's stock, valued at $469,320.60. This trade represents a 43.96% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 4.63% of the stock is owned by company insiders.

Winnebago Industries Stock Performance

Shares of NYSE WGO traded up $0.07 during trading on Friday, reaching $32.90. The stock had a trading volume of 901,681 shares, compared to its average volume of 710,059. The firm's 50 day moving average price is $33.13 and its two-hundred day moving average price is $41.95. Winnebago Industries, Inc. has a one year low of $28.29 and a one year high of $65.65. The stock has a market cap of $921.99 million, a PE ratio of -49.85 and a beta of 1.07. 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 (NYSE:WGO - Get Free Report) last issued its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. The firm had revenue of $620.20 million for the quarter, compared to analysts' expectations of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. Winnebago Industries's revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. On average, research analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date of this dividend is Wednesday, June 11th. Winnebago Industries's payout ratio is currently -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.