12,500 Shares in Winnebago Industries, Inc. (NYSE:WGO) Purchased by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 12,500 shares of the construction company's stock, valued at approximately $597,000.

Several other hedge funds have also made changes to their positions in WGO. Smartleaf Asset Management LLC grew its stake in shares of Winnebago Industries by 270.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock valued at $25,000 after buying an additional 390 shares during the period. R Squared Ltd purchased a new stake in shares of Winnebago Industries in the 4th quarter valued at approximately $43,000. Sterling Capital Management LLC grew its stake in shares of Winnebago Industries by 823.5% in the 4th 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 during the period. KBC Group NV grew its stake in shares of Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company's stock valued at $72,000 after buying an additional 587 shares during the period. Finally, Headlands Technologies LLC grew its stake in shares of Winnebago Industries by 129.0% in the 4th quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company's stock valued at $97,000 after buying an additional 1,143 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WGO shares. Citigroup decreased their price objective on shares of Winnebago Industries from $51.00 to $43.00 and set a "buy" rating on the stock in a report on Wednesday, March 19th. KeyCorp decreased their price objective on shares of Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. StockNews.com upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a report on Friday, May 2nd. Truist Financial decreased their price objective on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, BMO Capital Markets decreased their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Winnebago Industries has a consensus rating of "Moderate Buy" and a consensus price target of $51.89.

Winnebago Industries Stock Up 1.6%

Winnebago Industries stock traded up $0.57 during mid-day trading on Tuesday, reaching $36.99. 61,957 shares of the company's stock were exchanged, compared to its average volume of 696,521. The company has a market cap of $1.04 billion, a P/E ratio of -56.13 and a beta of 1.12. Winnebago Industries, Inc. has a twelve month low of $28.29 and a twelve month high of $65.65. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $33.42 and a 200-day moving average of $44.10.

Winnebago Industries (NYSE:WGO - Get Free Report) last released 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. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The company had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. During the same period in the prior year, the business earned $0.93 EPS. The firm's quarterly revenue was down 11.9% on a year-over-year basis. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The company also recently disclosed 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 3.68%. Winnebago Industries's payout ratio is -544.00%.

Insider Activity

In other news, Director Kevin E. Bryant acquired 4,200 shares of Winnebago Industries stock in a transaction dated Monday, March 31st. The shares were 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 trade represents a 43.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.63% of the company's stock.

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.