Dimensional Fund Advisors LP raised its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 9.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,846,289 shares of the construction company’s stock after buying an additional 157,772 shares during the quarter. Dimensional Fund Advisors LP owned about 5.85% of Winnebago Industries worth $64,620,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WGO. Wells Fargo & Company MN grew its holdings in Winnebago Industries by 160.8% during the 1st quarter. Wells Fargo & Company MN now owns 62,689 shares of the construction company’s stock valued at $1,833,000 after buying an additional 38,654 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Winnebago Industries by 26.8% during the 1st quarter. Bank of New York Mellon Corp now owns 628,231 shares of the construction company’s stock valued at $18,378,000 after buying an additional 132,802 shares in the last quarter. Comerica Bank grew its holdings in Winnebago Industries by 5.2% during the 1st quarter. Comerica Bank now owns 29,630 shares of the construction company’s stock valued at $864,000 after buying an additional 1,465 shares in the last quarter. Karp Capital Management Corp purchased a new position in Winnebago Industries during the 1st quarter valued at approximately $475,000. Finally, Parametric Portfolio Associates LLC grew its holdings in Winnebago Industries by 6.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 29,733 shares of the construction company’s stock valued at $870,000 after buying an additional 1,805 shares in the last quarter. Institutional investors and hedge funds own 84.67% of the company’s stock.
WGO has been the subject of several research analyst reports. BMO Capital Markets restated a “market perform” rating and set a $34.00 price target (up previously from $29.00) on shares of Winnebago Industries in a report on Thursday, June 22nd. BidaskClub upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 1st. Stifel Nicolaus initiated coverage on Winnebago Industries in a report on Thursday, July 6th. They set a “buy” rating and a $40.00 price target for the company. Zacks Investment Research cut Winnebago Industries from a “hold” rating to a “sell” rating in a report on Wednesday, August 30th. Finally, ValuEngine upgraded Winnebago Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $40.60.
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Winnebago Industries, Inc. (NYSE:WGO) opened at 43.85 on Friday. Winnebago Industries, Inc. has a 12-month low of $24.15 and a 12-month high of $46.85. The stock has a market cap of $1.39 billion, a PE ratio of 21.90 and a beta of 1.99. The firm’s 50-day moving average price is $40.36 and its 200 day moving average price is $33.04.
About Winnebago Industries
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.
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