Pacer Advisors Inc. acquired a new position in Winnebago Industries, Inc. (NYSE:WGO – Free Report) in the first quarter, Holdings Channel.com reports. The firm acquired 157,544 shares of the RV manufacturer’s stock, valued at approximately $4,882,000.
Several other institutional investors have also recently modified their holdings of WGO. UBS Group AG lifted its holdings in shares of Winnebago Industries by 224.7% in the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after acquiring an additional 937,140 shares during the last quarter. De Lisle Partners LLP boosted its stake in shares of Winnebago Industries by 938.3% in the 4th quarter. De Lisle Partners LLP now owns 152,411 shares of the RV manufacturer’s stock valued at $6,183,000 after purchasing an additional 137,732 shares in the last quarter. Legato Capital Management LLC grew its holdings in shares of Winnebago Industries by 162.3% during the 4th quarter. Legato Capital Management LLC now owns 56,108 shares of the RV manufacturer’s stock valued at $2,273,000 after purchasing an additional 34,719 shares during the last quarter. Prescott Group Capital Management L.L.C. bought a new position in shares of Winnebago Industries during the 4th quarter valued at $810,000. Finally, Hillsdale Investment Management Inc. purchased a new position in Winnebago Industries in the 4th quarter worth $5,255,000.
Winnebago Industries Price Performance
Shares of Winnebago Industries stock opened at $32.06 on Thursday. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The company has a market cap of $906.36 million, a PE ratio of 23.57 and a beta of 1.11. The business has a 50 day moving average of $29.91 and a 200 day moving average of $34.59. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week high of $50.16.
Winnebago Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, June 10th. Winnebago Industries’s dividend payout ratio (DPR) is currently 102.94%.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on WGO shares. Seaport Research Partners initiated coverage on shares of Winnebago Industries in a research note on Monday, July 27th. They issued a “neutral” rating for the company. Benchmark decreased their price objective on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Finally, DA Davidson restated a “neutral” rating and set a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Winnebago Industries has an average rating of “Hold” and a consensus price target of $36.33.
Check Out Our Latest Research Report on WGO
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.
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