Swiss National Bank Purchases 400 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Swiss National Bank lifted its position in Winnebago Industries, Inc. (NYSE:WGO) by 0.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,900 shares of the construction company’s stock after buying an additional 400 shares during the quarter. Swiss National Bank owned about 0.20% of Winnebago Industries worth $2,719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. AlphaQuest LLC bought a new stake in Winnebago Industries during the 4th quarter valued at approximately $335,000. Amundi boosted its position in shares of Winnebago Industries by 133.1% in the fourth quarter. Amundi now owns 15,723 shares of the construction company’s stock valued at $762,000 after acquiring an additional 8,977 shares during the period. Aviance Capital Partners LLC grew its stake in shares of Winnebago Industries by 21.7% in the fourth quarter. Aviance Capital Partners LLC now owns 26,951 shares of the construction company’s stock worth $1,288,000 after acquiring an additional 4,813 shares during the last quarter. Edgestream Partners L.P. acquired a new position in Winnebago Industries during the 4th quarter valued at $4,602,000. Finally, Prescott Group Capital Management L.L.C. bought a new stake in Winnebago Industries in the 4th quarter valued at $1,433,000.

Analyst Ratings Changes

WGO has been the topic of several research reports. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Tuesday. DA Davidson lowered their price target on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 24th. KeyCorp reduced their price objective on Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, March 20th. Benchmark restated a “buy” rating and set a $70.00 price objective on shares of Winnebago Industries in a research report on Monday, December 23rd. Finally, Truist Financial raised their target price on Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $60.00.

Winnebago Industries Stock Performance

Shares of NYSE:WGO opened at $37.67 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The business’s fifty day moving average price is $41.71 and its two-hundred day moving average price is $50.78. Winnebago Industries, Inc. has a fifty-two week low of $33.62 and a fifty-two week high of $74.10. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of -57.07 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. As a group, analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s payout ratio is -206.06%.

Insider Activity

In other news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,612.96. Following the sale, the director now owns 10,985 shares in the company, valued at approximately $486,855.20. This represents 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 this link. 4.63% of the stock is currently owned by corporate 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.