Headlands Technologies LLC Increases Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Headlands Technologies LLC grew its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 129.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,029 shares of the construction company’s stock after buying an additional 1,143 shares during the quarter. Headlands Technologies LLC’s holdings in Winnebago Industries were worth $97,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in WGO. Smartleaf Asset Management LLC raised its holdings in Winnebago Industries by 270.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock worth $25,000 after purchasing an additional 390 shares in the last quarter. R Squared Ltd purchased a new stake in Winnebago Industries in the fourth quarter worth $43,000. Quarry LP raised its holdings in Winnebago Industries by 4,038.1% in the third 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. KBC Group NV boosted its holdings in shares of Winnebago Industries by 64.5% during the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock valued at $72,000 after buying an additional 587 shares in the last quarter. Finally, FMR LLC increased its stake in shares of Winnebago Industries by 76.0% in the 3rd quarter. FMR LLC now owns 3,623 shares of the construction company’s stock worth $211,000 after acquiring an additional 1,565 shares in the last quarter.

Winnebago Industries Trading Down 0.1 %

Shares of WGO stock opened at $32.83 on Monday. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 12-month low of $30.61 and a 12-month high of $71.31. The stock has a market capitalization of $920.09 million, a P/E ratio of -49.74 and a beta of 1.49. The firm’s 50 day moving average is $40.08 and its 200 day moving average is $49.76.

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

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s payout ratio is currently -544.00%.

Insider Transactions at Winnebago Industries

In other news, Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the transaction, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This trade represents a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin E. Bryant acquired 4,200 shares of the stock in a transaction dated Monday, March 31st. The shares were bought at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the transaction, the director now owns 13,755 shares in the company, valued at approximately $469,320.60. This represents a 43.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 4.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on WGO shares. Benchmark cut their price target on Winnebago Industries from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, April 2nd. DA Davidson reduced their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday, December 24th. Citigroup cut their price target on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a report on Wednesday, March 19th. Finally, Robert W. Baird lowered shares of Winnebago Industries from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $50.00 to $38.00 in a report on Friday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Winnebago Industries currently has a consensus rating of “Moderate Buy” and an average target price of $54.00.

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.