Barclays PLC Sells 24,083 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Barclays PLC decreased its stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 32.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,572 shares of the construction company's stock after selling 24,083 shares during the quarter. Barclays PLC owned approximately 0.17% of Winnebago Industries worth $2,881,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Louisiana State Employees Retirement System lifted its stake in shares of Winnebago Industries by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 14,700 shares of the construction company's stock valued at $797,000 after buying an additional 200 shares in the last quarter. Sound Income Strategies LLC raised its holdings in Winnebago Industries by 69.1% during the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock valued at $41,000 after acquiring an additional 286 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Winnebago Industries by 5.0% in the second quarter. Commonwealth Equity Services LLC now owns 6,143 shares of the construction company's stock valued at $333,000 after acquiring an additional 294 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock worth $27,000 after acquiring an additional 316 shares during the period. Finally, Lakewood Asset Management LLC grew its position in shares of Winnebago Industries by 7.1% during the third quarter. Lakewood Asset Management LLC now owns 5,378 shares of the construction company's stock worth $313,000 after purchasing an additional 355 shares in the last quarter.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded down $0.10 during trading hours on Wednesday, reaching $47.89. The company's stock had a trading volume of 491,987 shares, compared to its average volume of 598,900. The firm has a 50 day moving average price of $57.01 and a 200-day moving average price of $57.02. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The stock has a market cap of $1.38 billion, a P/E ratio of 159.64 and a beta of 1.60. Winnebago Industries, Inc. has a one year low of $47.10 and a one year high of $74.61.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its 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). The business had revenue of $625.60 million during the quarter, compared to analysts' expectations of $672.23 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The business's revenue for the quarter was down 18.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 EPS. On average, analysts predict that Winnebago Industries, Inc. will post 3.52 EPS for the current year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a yield of 2.84%. Winnebago Industries's dividend payout ratio is currently -206.06%.

Analysts Set New Price Targets

A number of research analysts recently commented on WGO shares. DA Davidson lowered their price target on Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating on the stock in a report on Tuesday. Truist Financial reduced their price objective on shares of Winnebago Industries from $68.00 to $64.00 and set a "buy" rating on the stock in a research report on Thursday, October 24th. Northcoast Research upgraded shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 target price for the company in a research report on Monday, November 11th. Benchmark reiterated a "buy" rating and issued a $70.00 price target on shares of Winnebago Industries in a report on Monday. Finally, StockNews.com cut shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Winnebago Industries currently has an average rating of "Moderate Buy" and a consensus target price of $66.63.

Insider Transactions at Winnebago Industries

In other news, SVP Bret A. Woodson sold 12,187 shares of the company's stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company's stock, valued at approximately $1,343,953.92. This represents a 33.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William C. Fisher acquired 2,000 shares of the company's stock in a transaction dated Monday, October 28th. The shares were acquired at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares of the company's stock, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.63% of the company's stock.

About Winnebago Industries

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.