Winnebago Industries, Inc. (NYSE:WGO) Shares Sold by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lessened its position in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,145 shares of the construction company's stock after selling 11,940 shares during the period. Deprince Race & Zollo Inc. owned about 0.22% of Winnebago Industries worth $2,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. First Trust Advisors LP lifted its position in shares of Winnebago Industries by 40.6% during the fourth quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company's stock worth $78,540,000 after purchasing an additional 474,273 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Winnebago Industries by 1,930.2% during the 4th quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company's stock worth $15,369,000 after purchasing an additional 305,818 shares during the period. Barclays PLC lifted its holdings in shares of Winnebago Industries by 494.5% in the 4th quarter. Barclays PLC now owns 294,703 shares of the construction company's stock worth $14,081,000 after purchasing an additional 245,131 shares during the last quarter. Renaissance Technologies LLC grew its stake in Winnebago Industries by 204.8% during the 4th quarter. Renaissance Technologies LLC now owns 214,000 shares of the construction company's stock worth $10,225,000 after buying an additional 143,800 shares during the last quarter. Finally, LHM Inc. bought a new stake in Winnebago Industries in the fourth quarter valued at $6,077,000.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. DA Davidson upgraded shares of Winnebago Industries to a "hold" rating in a research note on Monday, April 14th. Truist Financial dropped their target price on Winnebago Industries from $50.00 to $38.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Baird R W lowered Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Benchmark dropped their price objective on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Finally, Citigroup decreased 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. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $51.89.

Winnebago Industries Price Performance

Shares of WGO stock traded down $0.68 during trading hours on Wednesday, reaching $36.59. The company's stock had a trading volume of 158,359 shares, compared to its average volume of 696,867. 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, Inc. has a fifty-two week low of $28.29 and a fifty-two week high of $65.83. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of -55.44 and a beta of 1.12. The firm's 50 day simple moving average is $33.40 and its 200-day simple moving average is $44.75.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 positive return on equity of 5.32% and a negative net margin of 0.63%. During the same period last year, the company earned $0.93 EPS. Winnebago Industries's revenue for the quarter was down 11.9% compared to the same quarter last year. Sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th were given 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 dividend yield of 3.72%. Winnebago Industries's payout ratio is -544.00%.

Insider Activity at Winnebago Industries

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

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.