Winnebago Industries, Inc. (NYSE:WGO) Director Jacqueline D. Woods Sells 1,503 Shares

Winnebago Industries, Inc. (NYSE:WGO) Director Jacqueline D. Woods sold 1,503 shares of the firm’s 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 transaction, the director now directly owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Winnebago Industries Trading Up 1.1 %

Shares of WGO stock traded up $0.49 during trading hours on Friday, reaching $44.88. 107,676 shares of the stock traded hands, compared to its average volume of 691,034. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.27 billion, a PE ratio of -68.08 and a beta of 1.62. Winnebago Industries, Inc. has a 1-year low of $43.69 and a 1-year high of $74.10. The business has a fifty day moving average price of $48.96 and a 200 day moving average price of $54.93.

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

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were issued a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.03%. Winnebago Industries’s dividend payout ratio is -206.06%.

Wall Street Analysts Forecast Growth

WGO has been the topic of several research analyst reports. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Monday, November 11th. Benchmark reaffirmed a “buy” rating and set a $70.00 target price on shares of Winnebago Industries in a report on Monday, December 23rd. BMO Capital Markets lowered their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. DA Davidson dropped their price target on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. Finally, 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $65.00.

Institutional Trading of Winnebago Industries

Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its position in Winnebago Industries by 222.5% in the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock worth $27,000 after buying an additional 316 shares in the last quarter. 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 worth $25,000 after acquiring an additional 390 shares during the last quarter. Quarry LP raised its holdings in shares of Winnebago Industries by 4,038.1% during the third quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after acquiring an additional 848 shares in the last quarter. Sterling Capital Management LLC boosted its position in Winnebago Industries by 823.5% during the fourth quarter. Sterling Capital Management LLC now owns 905 shares of the construction company’s stock valued at $43,000 after purchasing an additional 807 shares during the last quarter. Finally, R Squared Ltd purchased a new position in Winnebago Industries in the fourth quarter valued at about $43,000.

About Winnebago Industries

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.