Winnebago Industries, Inc. $WGO Shares Sold by LHM Inc.

LHM Inc. lowered its position in Winnebago Industries, Inc. (NYSE:WGO) by 13.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 146,629 shares of the RV manufacturer’s stock after selling 23,308 shares during the quarter. Winnebago Industries accounts for about 2.2% of LHM Inc.’s investment portfolio, making the stock its 16th biggest position. LHM Inc.’s holdings in Winnebago Industries were worth $5,941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of Winnebago Industries by 5.5% in the first quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock worth $329,000 after purchasing an additional 498 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Winnebago Industries by 283.0% during the 1st quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock valued at $2,243,000 after purchasing an additional 48,105 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Winnebago Industries by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after buying an additional 401 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Winnebago Industries by 83.9% in the second quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock valued at $1,004,000 after buying an additional 15,801 shares during the period. Finally, Marshall Wace LLP boosted its stake in Winnebago Industries by 142.3% during the second quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock valued at $6,772,000 after buying an additional 137,120 shares in the last quarter.

Winnebago Industries Trading Up 1.6%

NYSE WGO opened at $30.39 on Friday. Winnebago Industries, Inc. has a twelve month low of $27.64 and a twelve month high of $50.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.99 and a current ratio of 2.30. The stock has a market cap of $858.98 million, a price-to-earnings ratio of 20.67 and a beta of 1.17. The firm’s 50 day moving average price is $31.56 and its two-hundred day moving average price is $37.80.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Wednesday, March 25th. The RV manufacturer reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Winnebago Industries had a net margin of 1.43% and a return on equity of 4.99%. The firm had revenue of $657.40 million for the quarter, compared to analysts’ expectations of $628.00 million. During the same period in the previous year, the company posted $0.19 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities analysts anticipate that Winnebago Industries, Inc. will post 2.34 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, June 10th. Winnebago Industries’s payout ratio is currently 95.24%.

Analysts Set New Price Targets

WGO has been the subject of a number of research analyst reports. Citigroup downgraded shares of Winnebago Industries from a “buy” rating to a “neutral” rating and cut their price target for the company from $46.00 to $30.00 in a report on Wednesday. BMO Capital Markets dropped their target price on shares of Winnebago Industries from $55.00 to $48.00 and set an “outperform” rating on the stock in a report on Thursday, March 26th. Weiss Ratings lowered shares of Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Robert W. Baird decreased their price target on shares of Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Finally, Wall Street Zen cut Winnebago Industries from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $40.70.

About Winnebago Industries

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.