Amalgamated Bank Sells 317 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Amalgamated Bank cut its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,582 shares of the construction company’s stock after selling 317 shares during the period. Amalgamated Bank’s holdings in Winnebago Industries were worth $499,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale increased its holdings in shares of Winnebago Industries by 196.6% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company’s stock valued at $86,000 after acquiring an additional 989 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Winnebago Industries by 5,711.3% during the third quarter. International Assets Investment Management LLC now owns 8,717 shares of the construction company’s stock valued at $507,000 after purchasing an additional 8,567 shares during the last quarter. Vest Financial LLC raised its position in shares of Winnebago Industries by 24.6% in the third quarter. Vest Financial LLC now owns 25,381 shares of the construction company’s stock valued at $1,475,000 after purchasing an additional 5,004 shares during the period. Creative Planning lifted its stake in shares of Winnebago Industries by 21.7% in the third quarter. Creative Planning now owns 9,880 shares of the construction company’s stock worth $574,000 after buying an additional 1,760 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its holdings in shares of Winnebago Industries by 69.1% during the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock worth $41,000 after buying an additional 286 shares during the period.

Winnebago Industries Stock Up 0.2 %

WGO opened at $60.94 on Friday. Winnebago Industries, Inc. has a fifty-two week low of $49.68 and a fifty-two week high of $75.42. The company has a market capitalization of $1.76 billion, a P/E ratio of 203.13 and a beta of 1.60. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The firm’s fifty day moving average price is $57.95 and its two-hundred day moving average price is $58.13.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61). The business had revenue of $720.90 million during the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business’s revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.59 EPS. On average, analysts anticipate that Winnebago Industries, Inc. will post 3.61 EPS for the current year.

Wall Street Analysts Forecast Growth

WGO has been the topic of several recent analyst reports. StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Truist Financial cut their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Robert W. Baird lowered their target price on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. BMO Capital Markets cut their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Finally, Benchmark lowered their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $68.13.

Insider Activity at Winnebago Industries

In other Winnebago Industries news, Director William C. Fisher acquired 2,000 shares of Winnebago Industries stock in a transaction on Monday, October 28th. The shares were bought at an average price of $54.81 per share, with a total value of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares in the company, valued at $1,768,554.27. This trade represents a 6.61 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Bret A. Woodson sold 12,187 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 33.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is owned by insiders.

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.