New York State Teachers Retirement System Decreases Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

New York State Teachers Retirement System lessened its stake in Winnebago Industries, Inc. (NYSE:WGO) by 12.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,005 shares of the construction company’s stock after selling 7,228 shares during the quarter. New York State Teachers Retirement System owned about 0.17% of Winnebago Industries worth $2,341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sanctuary Advisors LLC raised its position in shares of Winnebago Industries by 3.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 7,065 shares of the construction company’s stock valued at $416,000 after purchasing an additional 245 shares in the last quarter. Cascade Investment Advisors Inc. raised its holdings in Winnebago Industries by 1.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 22,898 shares of the construction company’s stock valued at $1,094,000 after acquiring an additional 380 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Winnebago Industries by 9.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 5,713 shares of the construction company’s stock valued at $273,000 after acquiring an additional 506 shares during the last quarter. KBC Group NV grew its holdings in Winnebago Industries by 64.5% during the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock worth $72,000 after acquiring an additional 587 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its position in shares of Winnebago Industries by 3.9% in the 4th quarter. Signal Advisors Wealth LLC now owns 19,713 shares of the construction company’s stock worth $942,000 after purchasing an additional 732 shares during the last quarter.

Insiders Place Their Bets

In related news, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries stock in a transaction on 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 of the company’s stock, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WGO. KeyCorp upgraded Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 target price for the company in a research report on Wednesday, January 8th. Truist Financial lifted their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Benchmark reissued a “buy” rating and set a $70.00 target price on shares of Winnebago Industries in a report on Monday, December 23rd. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, DA Davidson dropped their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Winnebago Industries Trading Down 1.5 %

Winnebago Industries stock opened at $41.60 on Friday. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 12 month low of $41.26 and a 12 month high of $74.10. The company’s fifty day simple moving average is $47.36 and its 200-day simple moving average is $54.24. The stock has a market cap of $1.18 billion, a P/E ratio of -63.03 and a beta of 1.62.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.23). The firm had revenue of $625.60 million during 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 business’s revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.06 earnings per share. As a group, sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date was Wednesday, January 15th. Winnebago Industries’s dividend payout ratio (DPR) is presently -206.06%.

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.