Schonfeld Strategic Advisors LLC Sells 30,000 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Schonfeld Strategic Advisors LLC lessened its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 83.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,960 shares of the construction company's stock after selling 30,000 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Winnebago Industries were worth $285,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Northern Trust Corp lifted its position in shares of Winnebago Industries by 11.3% during the 4th quarter. Northern Trust Corp now owns 345,226 shares of the construction company's stock valued at $16,495,000 after acquiring an additional 35,177 shares during the period. Aquatic Capital Management LLC grew its holdings in shares of Winnebago Industries by 151.2% during the fourth quarter. Aquatic Capital Management LLC now owns 83,637 shares of the construction company's stock valued at $3,996,000 after buying an additional 50,337 shares during the last quarter. Oxford Asset Management LLP bought a new stake in shares of Winnebago Industries during the fourth quarter worth about $471,000. Two Sigma Securities LLC bought a new stake in shares of Winnebago Industries during the fourth quarter worth about $321,000. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Winnebago Industries by 8.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 25,576 shares of the construction company's stock worth $1,223,000 after acquiring an additional 2,054 shares in the last quarter.

Winnebago Industries Stock Performance

NYSE WGO traded down $0.13 during trading hours on Thursday, reaching $36.43. 357,046 shares of the company were exchanged, compared to its average volume of 698,954. Winnebago Industries, Inc. has a 1 year low of $28.29 and a 1 year high of $65.65. The business's 50 day simple moving average is $33.38 and its 200-day simple moving average is $44.57. 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 stock has a market capitalization of $1.02 billion, a P/E ratio of -55.20 and a beta of 1.12.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $620.20 million during the quarter, compared to the consensus estimate of $621.41 million. During the same quarter last year, the company posted $0.93 earnings per share. The firm's quarterly revenue was down 11.9% compared to the same quarter last year. On average, equities research analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were given a dividend of $0.34 per share. The ex-dividend date was Wednesday, April 16th. This represents a $1.36 dividend on an annualized basis and a yield of 3.73%. Winnebago Industries's dividend payout ratio is presently -544.00%.

Wall Street Analysts Forecast Growth

WGO has been the subject of several recent research reports. StockNews.com raised shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd. KeyCorp decreased their target price on shares of Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Baird R W downgraded shares of Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Robert W. Baird downgraded shares of 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 report on Friday, April 4th. Finally, Benchmark lowered their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $51.89.

Insiders Place Their Bets

In other Winnebago Industries news, Director Kevin E. Bryant bought 4,200 shares of the business's stock in a transaction on Monday, March 31st. The stock was purchased at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the transaction, the director now directly 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 filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.63% of the company's stock.

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.