Inspire Investing LLC Makes New Investment in Winnebago Industries, Inc. (NYSE:WGO)

Inspire Investing LLC purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,353 shares of the construction company's stock, valued at approximately $399,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its position in shares of Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock valued at $27,000 after acquiring an additional 316 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Winnebago Industries by 69.1% during the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock worth $41,000 after purchasing an additional 286 shares during the period. Quarry LP lifted its position in shares of Winnebago Industries by 4,038.1% in the 3rd quarter. Quarry LP now owns 869 shares of the construction company's stock worth $50,000 after buying an additional 848 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of Winnebago Industries by 196.6% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company's stock valued at $86,000 after buying an additional 989 shares during the period. Finally, Systematic Financial Management LP bought a new stake in shares of Winnebago Industries during the 3rd quarter valued at about $152,000.

Winnebago Industries Price Performance

WGO traded down $0.56 on Friday, reaching $47.83. The company had a trading volume of 692,803 shares, compared to its average volume of 763,206. The company has a market capitalization of $1.36 billion, a P/E ratio of -72.47 and a beta of 1.62. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $51.50 and a 200-day moving average of $55.82. Winnebago Industries, Inc. has a one year low of $45.44 and a one year high of $74.10.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.23). Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. During the same period in the prior year, the company posted $1.06 earnings per share. The company's revenue was down 18.0% on a year-over-year basis. As a group, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 2.84%. The ex-dividend date was Wednesday, January 15th. Winnebago Industries's dividend payout ratio (DPR) is presently -206.06%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WGO. BMO Capital Markets decreased their target price on Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. Northcoast Research upgraded Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price objective for the company in a research report on Monday, November 11th. KeyCorp raised Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 target price on the stock in a research report on Wednesday, January 8th. Robert W. Baird cut their target price on Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating on the stock in a research note on Thursday, October 24th. Finally, StockNews.com lowered shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Winnebago Industries presently has a consensus rating of "Moderate Buy" and a consensus price target of $64.78.

Winnebago Industries 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.