Cooke & Bieler LP lowered its position in shares of Winnebago Industries Inc. (NYSE:WGO) by 5.4% during the second quarter, Holdings Channel reports. The firm owned 1,965,975 shares of the company’s stock after selling 111,960 shares during the period. Cooke & Bieler LP owned approximately 0.07% of Winnebago Industries worth $45,060,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in WGO. BNP Paribas Arbitrage SA boosted its stake in Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock worth $201,000 after buying an additional 4,144 shares during the period. Glenmede Trust Co. NA raised its position in Winnebago Industries by 209.6% in the first quarter. Glenmede Trust Co. NA now owns 14,544 shares of the company’s stock worth $326,000 after buying an additional 9,846 shares in the last quarter. Aperio Group LLC raised its position in Winnebago Industries by 56.4% in the first quarter. Aperio Group LLC now owns 18,223 shares of the company’s stock worth $409,000 after buying an additional 6,573 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new position in Winnebago Industries during the first quarter worth approximately $498,000. Finally, UBS Group AG raised its position in Winnebago Industries by 584.6% in the first quarter. UBS Group AG now owns 23,386 shares of the company’s stock worth $525,000 after buying an additional 19,970 shares in the last quarter. 91.47% of the stock is currently owned by institutional investors.
Winnebago Industries Inc. (NYSE:WGO) traded down 0.53% on Monday, reaching $28.19. 262,484 shares of the company’s stock traded hands. The firm has a market capitalization of $758.11 million, a PE ratio of 17.29 and a beta of 2.11. Winnebago Industries Inc. has a 52-week low of $15.41 and a 52-week high of $30.60. The firm’s 50 day moving average price is $24.75 and its 200 day moving average price is $22.83.
Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, October 13th. The company reported $0.49 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.49. The business had revenue of $263.30 million for the quarter, compared to analysts’ expectations of $252.52 million. Winnebago Industries had a net margin of 4.67% and a return on equity of 17.86%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 earnings per share. On average, analysts predict that Winnebago Industries Inc. will post $1.63 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Wednesday, November 9th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, November 7th. This represents a $0.40 dividend on an annualized basis and a yield of 1.42%. Winnebago Industries’s dividend payout ratio (DPR) is presently 23.67%.
A number of research firms recently commented on WGO. BMO Capital Markets raised their price objective on shares of Winnebago Industries from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, October 4th. Robert W. Baird upgraded shares of Winnebago Industries from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $25.00 to $30.00 in a research note on Monday, October 3rd. Finally, Zacks Investment Research lowered shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $29.33.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company sells its products through independent dealers, primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago, Itasca and Era brands names.
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