Winnebago Industries, Inc. (NYSE:WGO) Stock Holdings Decreased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in Winnebago Industries, Inc. (NYSE:WGO) by 1.7% in the 4th quarter, Holdings Channel reports. The fund owned 22,352 shares of the construction company’s stock after selling 386 shares during the period. Thrivent Financial for Lutherans’ holdings in Winnebago Industries were worth $1,068,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in Winnebago Industries by 270.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock valued at $25,000 after purchasing an additional 390 shares during the period. R Squared Ltd purchased a new position in shares of Winnebago Industries during the fourth quarter valued at $43,000. Quarry LP raised its position in Winnebago Industries by 4,038.1% during the third quarter. Quarry LP now owns 869 shares of the construction company’s stock valued at $50,000 after buying an additional 848 shares during the period. KBC Group NV lifted its stake in 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 acquiring an additional 587 shares in the last quarter. Finally, Systematic Financial Management LP acquired a new stake in Winnebago Industries during the 3rd quarter worth about $152,000.

Insider Transactions at Winnebago Industries

In other news, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the transaction, the director now directly owns 10,985 shares in the company, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.63% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on WGO shares. KeyCorp reduced their price target on shares of Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday, March 20th. Benchmark decreased their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday. StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Wednesday. Citigroup cut their price objective on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, March 19th. Finally, BMO Capital Markets lowered their target price on Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, March 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $56.89.

Winnebago Industries Trading Down 0.1 %

Winnebago Industries stock opened at $34.41 on Wednesday. Winnebago Industries, Inc. has a one year low of $33.59 and a one year high of $72.47. The company’s fifty day moving average price is $40.90 and its two-hundred day moving average price is $50.27. 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 $964.37 million, a price-to-earnings ratio of -52.14 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. During the same quarter in the prior year, the firm posted $0.93 EPS. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. On average, analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio is -544.00%.

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.