XTX Topco Ltd Increases Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

XTX Topco Ltd increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 102.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,710 shares of the construction company's stock after acquiring an additional 9,482 shares during the quarter. XTX Topco Ltd owned approximately 0.07% of Winnebago Industries worth $894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in Winnebago Industries by 270.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock valued at $25,000 after purchasing an additional 390 shares during the last quarter. R Squared Ltd bought a new stake in Winnebago Industries in the fourth quarter valued at $43,000. Sterling Capital Management LLC increased its position in Winnebago Industries by 823.5% during the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock valued at $43,000 after purchasing an additional 807 shares during the period. KBC Group NV raised its holdings in Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after purchasing an additional 587 shares in the last quarter. Finally, Headlands Technologies LLC boosted its stake in shares of Winnebago Industries by 129.0% during the 4th quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company's stock valued at $97,000 after purchasing an additional 1,143 shares in the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WGO. Benchmark decreased their target price on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. DA Davidson raised Winnebago Industries to a "hold" rating in a research report on Monday, April 14th. Truist Financial decreased their price target 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. StockNews.com lowered Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Friday, April 11th. Finally, BMO Capital Markets reduced their price target on shares of Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a research note on Friday, March 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Winnebago Industries has a consensus rating of "Hold" and a consensus target price of $51.89.

Insiders Place Their Bets

In related news, Director Jacqueline D. Woods sold 1,503 shares of the business's stock in a transaction that occurred 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 owns 10,985 shares in the company, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kevin E. Bryant bought 4,200 shares of the firm's stock in a transaction on 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 completion of the transaction, the director now owns 13,755 shares in the company, valued at $469,320.60. This represents a 43.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is owned by insiders.

Winnebago Industries Price Performance

Winnebago Industries stock traded up $0.52 during midday trading on Tuesday, reaching $31.56. 70,800 shares of the stock traded hands, compared to its average volume of 693,427. The stock has a market cap of $884.58 million, a P/E ratio of -47.83 and a beta of 1.49. Winnebago Industries, Inc. has a 12 month low of $28.29 and a 12 month high of $66.05. The stock's fifty day moving average is $36.05 and its 200-day moving average is $47.35. 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 issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 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 analysts' expectations of $621.41 million. During the same period last year, the company posted $0.93 EPS. The business's revenue was down 11.9% on a year-over-year basis. As a group, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.36 annualized dividend and a yield of 4.31%. 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.