California State Teachers Retirement System cut its stake in shares of Winnebago Industries Inc. (NYSE:WGO) by 1.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 56,109 shares of the company’s stock after selling 900 shares during the period. California State Teachers Retirement System owned about 0.21% of Winnebago Industries worth $1,286,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Thomson Horstmann & Bryant Inc. boosted its stake in Winnebago Industries by 34.3% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 485,707 shares of the company’s stock valued at $11,132,000 after buying an additional 123,957 shares during the period. Bank of Montreal Can bought a new stake in Winnebago Industries during the second quarter valued at $1,554,000. OMERS ADMINISTRATION Corp bought a new stake in Winnebago Industries during the first quarter valued at $498,000. Los Angeles Capital Management & Equity Research Inc. boosted its stake in Winnebago Industries by 196.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 32,195 shares of the company’s stock valued at $723,000 after buying an additional 21,350 shares during the period. Finally, UBS Group AG boosted its stake in Winnebago Industries by 584.6% in the first quarter. UBS Group AG now owns 23,386 shares of the company’s stock valued at $525,000 after buying an additional 19,970 shares during the period. Institutional investors and hedge funds own 91.48% of the company’s stock.
Shares of Winnebago Industries Inc. (NYSE:WGO) traded down 0.44% during mid-day trading on Friday, hitting $22.78. 151,775 shares of the stock were exchanged. The stock’s 50 day moving average is $23.48 and its 200 day moving average is $22.20. The firm has a market cap of $612.62 million, a P/E ratio of 13.98 and a beta of 2.07. Winnebago Industries Inc. has a 12 month low of $15.41 and a 12 month high of $24.44.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, June 22nd. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.08. The business had revenue of $272.10 million for the quarter, compared to analysts’ expectations of $270.46 million. Winnebago Industries had a return on equity of 18.15% and a net margin of 4.58%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. Analysts expect that Winnebago Industries Inc. will post $1.65 EPS for the current fiscal year.
Several analysts recently weighed in on WGO shares. Zacks Investment Research cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, June 14th. Robert W. Baird reiterated a “neutral” rating and issued a $25.00 price target on shares of Winnebago Industries in a report on Saturday, June 25th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $25.00.
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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