Louisiana State Employees Retirement System Takes Position in Winnebago Industries, Inc. (NYSE:WGO)

Louisiana State Employees Retirement System purchased a new position 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 Securities & Exchange Commission. The institutional investor purchased 15,000 shares of the construction company's stock, valued at approximately $1,093,000. Louisiana State Employees Retirement System owned approximately 0.05% of Winnebago Industries as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Broad Peak Investment Holdings Ltd. raised its holdings in Winnebago Industries by 108.2% during the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company's stock worth $53,325,000 after purchasing an additional 380,200 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Winnebago Industries by 44.7% in the fourth quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company's stock valued at $49,212,000 after buying an additional 208,452 shares during the period. American Century Companies Inc. boosted its stake in Winnebago Industries by 10.9% during the third quarter. American Century Companies Inc. now owns 471,203 shares of the construction company's stock valued at $28,013,000 after buying an additional 46,325 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Winnebago Industries by 3.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 460,941 shares of the construction company's stock worth $27,403,000 after acquiring an additional 16,036 shares during the period. Finally, Invesco Ltd. raised its position in Winnebago Industries by 4.4% in the third quarter. Invesco Ltd. now owns 269,904 shares of the construction company's stock worth $16,046,000 after acquiring an additional 11,393 shares in the last quarter.

Winnebago Industries Trading Down 0.6 %

Shares of WGO stock traded down $0.40 during trading hours on Wednesday, reaching $64.58. 405,471 shares of the stock traded hands, compared to its average volume of 598,159. The company has a quick ratio of 1.52, a current ratio of 2.84 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $1.89 billion, a PE ratio of 19.34 and a beta of 1.71. Winnebago Industries, Inc. has a 1-year low of $54.70 and a 1-year high of $75.42. The business has a fifty day moving average price of $67.74 and a 200 day moving average price of $66.54.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its earnings results on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The business had revenue of $703.60 million during the quarter, compared to analysts' expectations of $692.63 million. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. On average, equities research analysts forecast that Winnebago Industries, Inc. will post 5.15 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, April 9th. Winnebago Industries's dividend payout ratio (DPR) is 37.13%.

Wall Street Analysts Forecast Growth

WGO has been the subject of several research reports. StockNews.com upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Saturday, April 13th. Roth Mkm reaffirmed a "neutral" rating and issued a $70.00 price target on shares of Winnebago Industries in a report on Thursday, March 21st. Finally, DA Davidson raised their price objective on Winnebago Industries from $64.00 to $66.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 26th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, Winnebago Industries currently has a consensus rating of "Moderate Buy" and a consensus price target of $71.80.

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.