Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,094 shares of the construction company’s stock, valued at approximately $247,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of Winnebago Industries by 2.4% during the first quarter. Principal Financial Group Inc. now owns 248,886 shares of the construction company’s stock valued at $9,358,000 after purchasing an additional 5,722 shares in the last quarter. Profit Investment Management LLC bought a new position in shares of Winnebago Industries during the second quarter valued at about $2,013,000. Bank of Montreal Can bought a new position in shares of Winnebago Industries during the second quarter valued at about $1,746,000. KBC Group NV bought a new position in shares of Winnebago Industries during the first quarter valued at about $217,000. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Winnebago Industries by 121.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 16,028 shares of the construction company’s stock valued at $603,000 after purchasing an additional 8,790 shares in the last quarter. 90.02% of the stock is currently owned by institutional investors.
Several brokerages have commented on WGO. Zacks Investment Research lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, May 22nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $44.00 price objective on shares of Winnebago Industries in a research report on Monday, June 4th. ValuEngine lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd. Finally, Northcoast Research reaffirmed a “buy” rating on shares of Winnebago Industries in a research report on Friday, August 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $53.60.
Shares of WGO stock opened at $37.75 on Friday. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 11.27 and a beta of 1.66. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.03 and a current ratio of 1.96. Winnebago Industries, Inc. has a 52 week low of $34.30 and a 52 week high of $58.65.
Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Wednesday, June 20th. The construction company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.91 by $0.11. The business had revenue of $562.30 million for the quarter, compared to analyst estimates of $540.59 million. Winnebago Industries had a net margin of 5.04% and a return on equity of 21.25%. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 earnings per share. research analysts predict that Winnebago Industries, Inc. will post 3.07 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 26th. Shareholders of record on Wednesday, September 12th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, September 11th. Winnebago Industries’s dividend payout ratio is 11.94%.
About Winnebago Industries
Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.
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