Deprince Race & Zollo Inc. Lowers Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Deprince Race & Zollo Inc. lowered its stake in Winnebago Industries, Inc. (NYSE:WGO) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,145 shares of the construction company’s stock after selling 11,940 shares during the period. Deprince Race & Zollo Inc.’s holdings in Winnebago Industries were worth $2,922,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. First Trust Advisors LP raised its position in Winnebago Industries by 40.6% during the 4th quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company’s stock worth $78,540,000 after buying an additional 474,273 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Winnebago Industries by 1,930.2% during the fourth quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company’s stock worth $15,369,000 after acquiring an additional 305,818 shares during the period. Barclays PLC raised its holdings in Winnebago Industries by 494.5% during the fourth quarter. Barclays PLC now owns 294,703 shares of the construction company’s stock worth $14,081,000 after purchasing an additional 245,131 shares in the last quarter. Renaissance Technologies LLC lifted its position in Winnebago Industries by 204.8% in the fourth 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. Finally, LHM Inc. purchased a new stake in Winnebago Industries in the 4th quarter valued at approximately $6,077,000.

Wall Street Analysts Forecast Growth

WGO has been the subject of a number of analyst reports. Citigroup cut their target price on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a research note on Wednesday, March 19th. BMO Capital Markets cut their price objective on Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, March 28th. Truist Financial decreased their target price on shares of Winnebago Industries from $50.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. KeyCorp cut their price target on shares of Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, DA Davidson raised shares of Winnebago Industries to a “hold” rating in a report on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $51.89.

Winnebago Industries Stock Performance

NYSE:WGO opened at $33.61 on Friday. Winnebago Industries, Inc. has a twelve month low of $28.29 and a twelve month high of $66.05. The company has a market capitalization of $941.81 million, a P/E ratio of -50.92 and a beta of 1.12. 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 firm has a 50-day moving average price of $33.42 and a two-hundred day moving average price of $45.19.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $620.20 million during 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 quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 EPS. As a group, research analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend was Wednesday, April 16th. Winnebago Industries’s payout ratio is currently -544.00%.

Insider Buying and Selling

In other news, Director Kevin E. Bryant purchased 4,200 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were bought at an average cost of $34.12 per share, with a total value of $143,304.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jacqueline D. Woods sold 1,503 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of 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 position. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by company insiders.

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.