Edgestream Partners L.P. Purchases Shares of 96,316 Winnebago Industries, Inc. (NYSE:WGO)

Edgestream Partners L.P. purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 96,316 shares of the construction company’s stock, valued at approximately $4,602,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased 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 valued at $25,000 after acquiring an additional 390 shares during the last quarter. Quarry LP increased its holdings in shares of Winnebago Industries by 4,038.1% in the 3rd quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after buying an additional 848 shares during the last quarter. R Squared Ltd bought a new stake in shares of Winnebago Industries in the 4th quarter worth about $43,000. KBC Group NV increased its holdings in shares of Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock worth $72,000 after buying an additional 587 shares during the last quarter. Finally, Systematic Financial Management LP bought a new stake in shares of Winnebago Industries in the 3rd quarter worth about $152,000.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the sale, the director now directly owns 10,985 shares of the company’s stock, valued at $486,855.20. The trade was a 12.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.63% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WGO has been the topic of a number of research reports. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Thursday. KeyCorp upgraded shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 target price on the stock in a report on Wednesday, January 8th. Benchmark restated a “buy” rating and issued a $70.00 target price on shares of Winnebago Industries in a report on Monday, December 23rd. Truist Financial boosted their target price on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Finally, DA Davidson reduced their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday, December 24th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Winnebago Industries Stock Performance

Shares of NYSE:WGO opened at $37.66 on Friday. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of -57.05 and a beta of 1.62. Winnebago Industries, Inc. has a 12 month low of $34.12 and a 12 month high of $74.10. The firm’s 50-day moving average is $45.41 and its 200 day moving average is $53.20. 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 (NYSE:WGO) last released its quarterly earnings data 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). The company had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $672.23 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. Winnebago Industries’s quarterly revenue was down 18.0% on a year-over-year basis. During the same period last year, the firm earned $1.06 earnings per share. Research analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th were given a $0.34 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 3.61%. Winnebago Industries’s dividend payout ratio (DPR) is -206.06%.

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.