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Janus Henderson Group PLC Increases Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Winnebago Industries logo with Construction background

Janus Henderson Group PLC raised its position in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 54.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 281,025 shares of the construction company's stock after purchasing an additional 99,446 shares during the period. Janus Henderson Group PLC owned about 0.99% of Winnebago Industries worth $13,427,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in WGO. Inspire Investing LLC purchased a new stake in shares of Winnebago Industries in the 4th quarter worth about $399,000. Prescott Group Capital Management L.L.C. acquired a new position in Winnebago Industries during the fourth quarter worth about $1,433,000. Proficio Capital Partners LLC acquired a new position in Winnebago Industries during the fourth quarter worth about $632,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Winnebago Industries by 8.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company's stock valued at $29,889,000 after purchasing an additional 50,634 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Winnebago Industries by 2.2% in the fourth quarter. Rhumbline Advisers now owns 96,821 shares of the construction company's stock valued at $4,626,000 after purchasing an additional 2,077 shares during the last quarter.

Winnebago Industries Trading Down 0.5%

Shares of WGO traded down $0.18 during mid-day trading on Thursday, hitting $34.16. The company had a trading volume of 66,299 shares, compared to its average volume of 696,683. 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 $33.42 and its 200-day simple moving average is $43.99. The stock has a market cap of $957.33 million, a PE ratio of -51.76 and a beta of 1.12. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share 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 company had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same quarter last year, the firm posted $0.93 earnings per share. Winnebago Industries's revenue was down 11.9% on a year-over-year basis. Sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Wednesday, June 11th. Winnebago Industries's dividend payout ratio (DPR) is presently -544.00%.

Insider Transactions at Winnebago Industries

In other news, Director Kevin E. Bryant bought 4,200 shares of the firm's stock in a transaction dated Monday, March 31st. The stock was acquired at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the acquisition, the director now 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 transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 4.63% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Baird R W lowered Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. DA Davidson raised Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. BMO Capital Markets dropped their price objective on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a research report on Friday, March 28th. Benchmark reduced their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. Finally, Robert W. Baird cut shares of Winnebago Industries from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $50.00 to $38.00 in a research note on Friday, April 4th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $51.89.

View Our Latest Stock Analysis on WGO

About Winnebago Industries

(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.

Further Reading

Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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