Oxford Asset Management LLP Purchases Shares of 9,862 Winnebago Industries, Inc. (NYSE:WGO)

Oxford Asset Management LLP bought a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,862 shares of the construction company's stock, valued at approximately $471,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its stake in Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock worth $25,000 after acquiring an additional 390 shares during the last quarter. R Squared Ltd acquired a new stake in Winnebago Industries during the fourth quarter worth about $43,000. Sterling Capital Management LLC increased its stake in Winnebago Industries by 823.5% during the fourth quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock worth $43,000 after acquiring an additional 807 shares during the last quarter. KBC Group NV increased its stake in Winnebago Industries by 64.5% during the fourth quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after acquiring an additional 587 shares during the last quarter. Finally, Headlands Technologies LLC increased its stake in Winnebago Industries by 129.0% during the fourth 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 during the last quarter.

Analyst Upgrades and Downgrades

WGO has been the subject of several research analyst reports. DA Davidson upgraded Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. Robert W. Baird lowered Winnebago Industries from an "outperform" rating to a "neutral" rating and lowered their target price for the company from $50.00 to $38.00 in a research note on Friday, April 4th. Truist Financial lowered their target price on Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Citigroup lowered their target price on Winnebago Industries from $51.00 to $43.00 and set a "buy" rating for the company in a research note on Wednesday, March 19th. Finally, Benchmark lowered their target price 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, Winnebago Industries currently has a consensus rating of "Hold" and a consensus target price of $51.89.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the business's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the sale, the director now owns 10,985 shares in the company, valued at $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kevin E. Bryant purchased 4,200 shares of Winnebago Industries stock in a transaction dated Monday, March 31st. The shares were purchased at an average cost of $34.12 per share, with a total value of $143,304.00. Following the acquisition, the director now owns 13,755 shares of the company's stock, valued at approximately $469,320.60. This trade represents a 43.96 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is owned by insiders.

Winnebago Industries Stock Up 2.7 %

Shares of NYSE:WGO traded up $0.85 during midday trading on Thursday, reaching $32.67. The company had a trading volume of 632,040 shares, compared to its average volume of 698,191. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The stock's fifty day moving average price is $34.45 and its 200-day moving average price is $46.29. The stock has a market capitalization of $915.58 million, a P/E ratio of -49.50 and a beta of 1.49. Winnebago Industries, Inc. has a one year low of $28.29 and a one year high of $66.05.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly 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 business had revenue of $620.20 million during the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The business's revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. Equities research analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $1.36 annualized dividend and a yield of 4.16%. Winnebago Industries's payout ratio is -544.00%.

Winnebago Industries 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.