Cooke & Bieler LP Sells 43,080 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Cooke & Bieler LP lowered its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,967,295 shares of the construction company’s stock after selling 43,080 shares during the quarter. Cooke & Bieler LP owned 0.07% of Winnebago Industries worth $93,997,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of WGO. Smartleaf Asset Management LLC boosted its position in shares of Winnebago Industries by 270.8% during 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 bought a new position in shares of Winnebago Industries during the 4th quarter worth about $43,000. Quarry LP boosted its position in shares of Winnebago Industries by 4,038.1% during the 3rd 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 position 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 worth $72,000 after purchasing an additional 587 shares in the last quarter. Finally, Systematic Financial Management LP bought a new position in shares of Winnebago Industries during the 3rd quarter worth about $152,000.

Insider Activity

In other news, Director Jacqueline D. Woods sold 1,503 shares of the 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 $486,855.20. This represents a 12.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.63% of the company’s stock.

Analyst Ratings Changes

WGO has been the topic of a number of research analyst reports. KeyCorp raised shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price objective on the stock in a research report on Wednesday, January 8th. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective on the stock in a research report on Monday, November 11th. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Thursday, March 6th. Truist Financial upped 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 lowered 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

Winnebago Industries Trading Down 3.4 %

NYSE:WGO opened at $36.42 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -55.18 and a beta of 1.70. Winnebago Industries, Inc. has a 52 week low of $34.12 and a 52 week high of $74.10. The firm has a 50-day moving average price of $45.03 and a two-hundred day moving average price of $52.85.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). The firm 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%. The company’s quarterly revenue was down 18.0% on a year-over-year basis. During the same quarter last year, the business posted $1.06 EPS. On average, equities analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date was Wednesday, January 15th. Winnebago Industries’s dividend payout ratio is currently -206.06%.

About Winnebago Industries

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.