Cwm LLC Cuts Position in Winnebago Industries, Inc. (NYSE:WGO)

CWM LLC cut its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 38.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,671 shares of the construction company's stock after selling 13,507 shares during the quarter. CWM LLC owned approximately 0.07% of Winnebago Industries worth $1,579,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Verdence Capital Advisors LLC increased its holdings in Winnebago Industries by 5.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 3,827 shares of the construction company's stock worth $228,000 after acquiring an additional 187 shares during the last quarter. Hudson Portfolio Management LLC increased its holdings in Winnebago Industries by 4.3% in the 3rd quarter. Hudson Portfolio Management LLC now owns 10,976 shares of the construction company's stock worth $653,000 after acquiring an additional 450 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Winnebago Industries by 1.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 29,732 shares of the construction company's stock worth $1,768,000 after acquiring an additional 524 shares during the last quarter. Rhumbline Advisers increased its holdings in Winnebago Industries by 0.6% in the 3rd quarter. Rhumbline Advisers now owns 104,434 shares of the construction company's stock worth $6,209,000 after acquiring an additional 619 shares during the last quarter. Finally, TD Asset Management Inc increased its holdings in Winnebago Industries by 9.2% in the 3rd quarter. TD Asset Management Inc now owns 9,500 shares of the construction company's stock worth $565,000 after acquiring an additional 800 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. DA Davidson lifted their price objective on Winnebago Industries from $64.00 to $66.00 and gave the stock a "neutral" rating in a report on Tuesday, March 26th. StockNews.com raised Winnebago Industries from a "sell" rating to a "hold" rating in a report on Saturday, April 13th. Finally, Roth Mkm reaffirmed a "neutral" rating and set a $70.00 target price on shares of Winnebago Industries in a report on Thursday, March 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $71.80.

Winnebago Industries Price Performance

Shares of WGO traded up $0.56 during trading hours on Friday, reaching $63.07. 314,727 shares of the company's stock traded hands, compared to its average volume of 537,572. The stock has a market cap of $1.85 billion, a PE ratio of 18.88 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. The firm's 50 day simple moving average is $67.38 and its 200-day simple moving average is $66.59. Winnebago Industries, Inc. has a 12 month low of $54.70 and a 12 month high of $75.42.

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

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th were given a $0.31 dividend. The ex-dividend date was Tuesday, April 9th. This represents a $1.24 dividend on an annualized basis and a yield of 1.97%. Winnebago Industries's payout ratio is 37.13%.

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.