American Century Companies Inc. Sells 454,303 Shares of Winnebago Industries, Inc. (NYSE:WGO)

American Century Companies Inc. lessened its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 46.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 515,961 shares of the construction company's stock after selling 454,303 shares during the quarter. American Century Companies Inc. owned about 1.82% of Winnebago Industries worth $24,653,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC boosted 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. Quarry LP lifted its holdings in shares of Winnebago Industries by 4,038.1% during the third 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. R Squared Ltd bought a new stake in shares of Winnebago Industries in the fourth quarter valued at approximately $43,000. KBC Group NV grew its stake in shares of Winnebago Industries by 64.5% in the fourth quarter. KBC Group NV now owns 1,497 shares of the construction company's stock worth $72,000 after acquiring an additional 587 shares during the last quarter. Finally, Systematic Financial Management LP bought a new position in Winnebago Industries during the third quarter worth $152,000.

Analyst Upgrades and Downgrades

Several analysts have issued reports on WGO shares. Benchmark decreased their price target on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday. BMO Capital Markets decreased their target price on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating on the stock in a research report on Friday. DA Davidson cut their price target on Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating for the company in a report on Tuesday, December 24th. Truist Financial decreased their price objective on Winnebago Industries from $58.00 to $50.00 and set a "buy" rating on the stock in a report on Friday. Finally, KeyCorp cut their target price on Winnebago Industries from $58.00 to $47.00 and set an "overweight" rating for the company in a research note on Thursday, March 20th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $56.89.

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Insiders Place Their Bets

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction on 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. This trade represents a 12.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.63% of the company's stock.

Winnebago Industries Price Performance

Shares of WGO traded down $0.05 during mid-day trading on Tuesday, reaching $34.41. The company had a trading volume of 1,005,854 shares, compared to its average volume of 677,275. The company's 50-day moving average is $41.18 and its 200-day moving average is $50.42. 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 $977.17 million, a P/E ratio of -52.14 and a beta of 1.70. Winnebago Industries, Inc. has a twelve month low of $33.59 and a twelve month high of $74.00.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm had revenue of $620.20 million for the quarter, compared to analysts' expectations of $621.41 million. During the same period in the prior year, the firm earned $0.93 earnings per share. The company's quarterly revenue was down 11.9% compared to the same quarter last year. On average, equities analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.34 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $1.36 annualized dividend and a yield of 3.95%. Winnebago Industries's payout ratio is -206.06%.

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.