Amundi Has $762,000 Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Amundi grew its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 133.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,723 shares of the construction company’s stock after purchasing an additional 8,977 shares during the quarter. Amundi owned approximately 0.06% of Winnebago Industries worth $762,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Winnebago Industries by 270.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock valued at $25,000 after buying an additional 390 shares during the period. Quarry LP lifted its stake in shares of Winnebago Industries by 4,038.1% in the third quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after acquiring an additional 848 shares during the period. R Squared Ltd acquired a new position in shares of Winnebago Industries in the fourth quarter worth approximately $43,000. KBC Group NV lifted its stake in shares of Winnebago Industries by 64.5% in the fourth quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock worth $72,000 after acquiring an additional 587 shares during the period. Finally, Systematic Financial Management LP acquired a new position in shares of Winnebago Industries in the third quarter worth approximately $152,000.

Winnebago Industries Stock Up 2.1 %

WGO stock opened at $35.45 on Thursday. The stock’s 50 day simple moving average is $43.20 and its 200 day simple moving average is $51.69. Winnebago Industries, Inc. has a fifty-two week low of $34.12 and a fifty-two week high of $74.10. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. The company has a market cap of $1.01 billion, a P/E ratio of -53.71 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). The firm had revenue of $625.60 million for the quarter, compared to analyst estimates of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm’s quarterly revenue was down 18.0% compared to the same quarter last year. During the same period last year, the company posted $1.06 earnings per share. On average, research analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.84%. Winnebago Industries’s dividend payout ratio (DPR) is currently -206.06%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WGO. Citigroup cut their price objective on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Monday. Truist Financial lifted their price objective on Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. KeyCorp raised Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 target price for the company in a research note on Wednesday, January 8th. Finally, Benchmark reaffirmed a “buy” rating and set a $70.00 target price on shares of Winnebago Industries in a research note on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $61.22.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction dated Thursday, February 13th. The shares were 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. This trade represents a 12.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 4.63% of the company’s stock.

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.