Winnebago Industries, Inc. (NYSE:WGO) Stock Holdings Lessened by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,355 shares of the construction company’s stock after selling 456 shares during the period. Mutual of America Capital Management LLC’s holdings in Winnebago Industries were worth $253,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in WGO. Entropy Technologies LP boosted its position in Winnebago Industries by 89.2% during the third quarter. Entropy Technologies LP now owns 18,659 shares of the construction company’s stock worth $1,084,000 after purchasing an additional 8,796 shares during the period. Quest Partners LLC boosted its position in shares of Winnebago Industries by 3,334.2% during the 2nd quarter. Quest Partners LLC now owns 17,583 shares of the construction company’s stock valued at $953,000 after acquiring an additional 17,071 shares in the last quarter. XTX Topco Ltd bought a new stake in Winnebago Industries in the second quarter valued at $670,000. SG Americas Securities LLC acquired a new stake in shares of Winnebago Industries during the 3rd quarter worth about $850,000. Finally, MQS Management LLC bought a new position in shares of Winnebago Industries in the third quarter valued at about $1,025,000.

Winnebago Industries Trading Down 0.9 %

NYSE WGO opened at $58.40 on Friday. Winnebago Industries, Inc. has a one year low of $49.68 and a one year high of $75.42. 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 stock has a market capitalization of $1.69 billion, a P/E ratio of 194.67 and a beta of 1.60. The business has a 50 day simple moving average of $58.32 and a 200 day simple moving average of $57.91.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.61). The company had revenue of $720.90 million for the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.59 EPS. Research analysts expect that Winnebago Industries, Inc. will post 3.52 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director William C. Fisher bought 2,000 shares of the stock in a transaction on Monday, October 28th. The shares were acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the purchase, the director now directly owns 32,267 shares of the company’s stock, valued at $1,768,554.27. This trade represents a 6.61 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael J. Happe acquired 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was bought at an average price of $55.52 per share, for a total transaction of $138,800.00. Following the completion of the transaction, the chief executive officer now owns 285,953 shares of the company’s stock, valued at $15,876,110.56. The trade was a 0.88 % increase in their position. The disclosure for this purchase can be found here. Insiders own 4.63% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Robert W. Baird reduced their price objective on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price on the stock in a report on Monday, November 11th. Truist Financial dropped their price objective on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. BMO Capital Markets dropped their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, Benchmark cut their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Winnebago Industries currently has an average rating of “Moderate Buy” and an average target price of $68.13.

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.