LSV Asset Management Has $36.63 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

LSV Asset Management cut its position in Winnebago Industries, Inc. (NYSE:WGO) by 23.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 766,615 shares of the construction company’s stock after selling 237,500 shares during the quarter. LSV Asset Management owned about 2.70% of Winnebago Industries worth $36,629,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DRW Securities LLC bought a new stake in shares of Winnebago Industries in the fourth quarter valued at about $430,000. Raymond James Financial Inc. acquired a new stake in Winnebago Industries in the 4th quarter worth about $1,003,000. Renaissance Technologies LLC boosted its holdings in Winnebago Industries by 204.8% in the 4th quarter. Renaissance Technologies LLC now owns 214,000 shares of the construction company’s stock valued at $10,225,000 after purchasing an additional 143,800 shares during the period. Wells Fargo & Company MN grew its position in shares of Winnebago Industries by 66.9% during the 4th quarter. Wells Fargo & Company MN now owns 49,976 shares of the construction company’s stock worth $2,388,000 after purchasing an additional 20,036 shares in the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Winnebago Industries during the fourth quarter worth approximately $301,000.

Winnebago Industries Stock Down 0.8 %

WGO stock opened at $30.99 on Friday. The firm has a 50-day moving average price of $37.80 and a 200-day moving average price of $48.56. Winnebago Industries, Inc. has a 12 month low of $28.29 and a 12 month high of $66.05. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $868.41 million, a P/E ratio of -46.95 and a beta of 1.49.

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

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.36 annualized dividend and a yield of 4.39%. Winnebago Industries’s dividend payout ratio is presently -544.00%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Friday. DA Davidson cut their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. Baird R W cut Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Benchmark cut their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, April 1st. Finally, BMO Capital Markets decreased their target price on shares of Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Friday, March 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Winnebago Industries currently has a consensus rating of “Hold” and a consensus target price of $54.00.

Insider Activity

In related news, Director Kevin E. Bryant acquired 4,200 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the acquisition, the director now directly owns 13,755 shares of the company’s stock, valued at approximately $469,320.60. This trade represents a 43.96 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries 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 directly owns 10,985 shares in the company, valued at $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.63% of the company’s stock.

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.