Teza Capital Management LLC increased its position in shares of Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 72.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,206 shares of the construction company’s stock after acquiring an additional 2,614 shares during the quarter. Teza Capital Management LLC’s holdings in Winnebago Industries were worth $297,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Millennium Management LLC lifted its stake in Winnebago Industries by 20.0% in the 4th quarter. Millennium Management LLC now owns 571,334 shares of the construction company’s stock worth $27,298,000 after acquiring an additional 95,113 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Winnebago Industries by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,084 shares of the construction company’s stock valued at $768,000 after purchasing an additional 591 shares during the period. Lighthouse Investment Partners LLC acquired a new position in shares of Winnebago Industries in the 4th quarter valued at about $597,000. Janus Henderson Group PLC lifted its position in shares of Winnebago Industries by 54.8% in the fourth quarter. Janus Henderson Group PLC now owns 281,025 shares of the construction company’s stock worth $13,427,000 after purchasing an additional 99,446 shares in the last quarter. Finally, Graham Capital Management L.P. purchased a new stake in shares of Winnebago Industries in the fourth quarter worth approximately $247,000.
Winnebago Industries Trading Up 0.4%
Winnebago Industries stock opened at $36.56 on Wednesday. Winnebago Industries, Inc. has a one year low of $28.29 and a one year high of $65.65. The company’s fifty day moving average price is $33.46 and its two-hundred day moving average price is $44.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of -55.39 and a beta of 1.12.
Winnebago Industries Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be issued a dividend of $0.34 per share. The ex-dividend date is Wednesday, June 11th. This represents a $1.36 annualized dividend and a yield of 3.72%. Winnebago Industries’s dividend payout ratio (DPR) is presently -544.00%.
Analysts Set New Price Targets
WGO has been the topic of several research reports. Benchmark dropped their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Citigroup dropped their price target on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 19th. Truist Financial cut their price objective on Winnebago Industries from $50.00 to $38.00 and set a “buy” rating for the company in a report on Monday, April 14th. KeyCorp lowered their target price on Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Finally, Baird R W downgraded Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $51.89.
Check Out Our Latest Stock Analysis on Winnebago Industries
Insider Activity
In other Winnebago Industries news, Director Kevin E. Bryant purchased 4,200 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 13,755 shares in the company, valued at $469,320.60. This trade represents a 43.96% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.63% of the company’s stock.
Winnebago Industries Company 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.
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