Winnebago Industries, Inc. (NYSE:WGO) Stock Position Lifted by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in Winnebago Industries, Inc. (NYSE:WGO) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,065 shares of the construction company’s stock after buying an additional 245 shares during the quarter. Sanctuary Advisors LLC’s holdings in Winnebago Industries were worth $416,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WGO. GAMMA Investing LLC increased its stake in shares of Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock worth $27,000 after acquiring an additional 316 shares during the last quarter. Sound Income Strategies LLC grew its stake in Winnebago Industries by 69.1% in the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after purchasing an additional 286 shares in the last quarter. Innealta Capital LLC acquired a new position in Winnebago Industries in the 2nd quarter worth about $45,000. Quarry LP raised its stake in shares of Winnebago Industries by 4,038.1% during the 3rd quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after purchasing an additional 848 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of Winnebago Industries during the 2nd quarter valued at about $76,000.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. BMO Capital Markets dropped their price objective on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Benchmark restated a “buy” rating and set a $70.00 price target on shares of Winnebago Industries in a report on Monday. DA Davidson decreased their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Tuesday. StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Finally, Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Monday, November 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Winnebago Industries presently has a consensus rating of “Moderate Buy” and an average target price of $66.63.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe purchased 2,500 shares of the stock in a transaction on Tuesday, October 29th. The shares were purchased at an average price of $55.52 per share, with a total value of $138,800.00. Following the acquisition, the chief executive officer now directly owns 285,953 shares of the company’s stock, valued at $15,876,110.56. This represents a 0.88 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the transaction, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. Insiders own 4.63% of the company’s stock.

Winnebago Industries Trading Up 0.4 %

Shares of NYSE:WGO opened at $48.10 on Friday. Winnebago Industries, Inc. has a 52-week low of $47.10 and a 52-week high of $74.61. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The company has a market cap of $1.37 billion, a P/E ratio of 160.34 and a beta of 1.60. The stock’s 50-day moving average is $56.76 and its 200-day moving average is $56.96.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. During the same period in the prior year, the firm earned $1.06 earnings per share. The business’s quarterly revenue was down 18.0% on a year-over-year basis. Equities research analysts predict that Winnebago Industries, Inc. will post 3.52 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be given a $0.34 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 2.83%. Winnebago Industries’s dividend payout ratio is -206.06%.

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.