Peregrine Capital Management LLC lowered its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 39.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,040 shares of the construction company's stock after selling 66,565 shares during the period. Peregrine Capital Management LLC owned about 0.35% of Winnebago Industries worth $7,364,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. State of Wyoming purchased a new stake in shares of Winnebago Industries in the 4th quarter worth about $26,000. Advisors Asset Management Inc. lifted its position in shares of Winnebago Industries by 71.8% in the 1st quarter. Advisors Asset Management Inc. now owns 622 shares of the construction company's stock worth $34,000 after purchasing an additional 260 shares during the period. Industrial Alliance Investment Management Inc. purchased a new stake in shares of Winnebago Industries in the 4th quarter worth about $48,000. Amundi lifted its position in shares of Winnebago Industries by 27.3% in the 4th quarter. Amundi now owns 1,709 shares of the construction company's stock worth $106,000 after purchasing an additional 367 shares during the period. Finally, Captrust Financial Advisors lifted its position in shares of Winnebago Industries by 79.6% in the 1st quarter. Captrust Financial Advisors now owns 3,134 shares of the construction company's stock worth $169,000 after purchasing an additional 1,389 shares during the period.
Analyst Ratings Changes
A number of research analysts recently issued reports on WGO shares. Truist Financial lowered their price target on shares of Winnebago Industries from $74.00 to $70.00 and set a "buy" rating for the company in a research report on Wednesday, December 20th. DA Davidson lifted their price target on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday, March 26th. Roth Mkm reissued a "neutral" rating and set a $70.00 price target on shares of Winnebago Industries in a research report on Thursday, March 21st. Finally, StockNews.com raised shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Winnebago Industries currently has an average rating of "Hold" and an average price target of $71.80.
Read Our Latest Report on Winnebago Industries
Winnebago Industries Stock Down 0.9 %
NYSE:WGO traded down $0.57 on Thursday, reaching $65.69. 586,158 shares of the stock traded hands, compared to its average volume of 602,736. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 19.67 and a beta of 1.71. The company has a current ratio of 2.84, a quick ratio of 1.52 and a debt-to-equity ratio of 0.52. Winnebago Industries, Inc. has a 12 month low of $54.70 and a 12 month high of $75.42. The company's fifty day simple moving average is $68.44 and its 200 day simple moving average is $66.22.
Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. The business had revenue of $703.60 million during the quarter, compared to analyst estimates of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. Equities analysts predict that Winnebago Industries, Inc. will post 5.2 EPS for the current fiscal year.
Winnebago Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be paid a dividend of $0.31 per share. The ex-dividend date is Tuesday, April 9th. This represents a $1.24 dividend on an annualized basis and a yield of 1.89%. Winnebago Industries's dividend payout ratio is currently 37.13%.
Winnebago Industries Company Profile
(
Free Report)
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.
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