Capital Fund Management S.A. Has $2.63 Million Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Capital Fund Management S.A. lessened its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 43.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,017 shares of the construction company's stock after selling 42,142 shares during the period. Capital Fund Management S.A. owned 0.19% of Winnebago Industries worth $2,629,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in WGO. Vanguard Group Inc. raised its stake in shares of Winnebago Industries by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 2,181,874 shares of the construction company's stock valued at $104,250,000 after purchasing an additional 48,517 shares in the last quarter. State Street Corp lifted its position in Winnebago Industries by 0.6% in the third quarter. State Street Corp now owns 1,130,796 shares of the construction company's stock worth $65,711,000 after purchasing an additional 6,979 shares during the period. JPMorgan Chase & Co. boosted its stake in Winnebago Industries by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company's stock valued at $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company's stock valued at $29,889,000 after purchasing an additional 50,634 shares during the period. Finally, William Blair Investment Management LLC lifted its holdings in shares of Winnebago Industries by 2.1% in the fourth quarter. William Blair Investment Management LLC now owns 494,151 shares of the construction company's stock valued at $23,611,000 after buying an additional 10,202 shares during the period.

Winnebago Industries Price Performance

Shares of WGO stock traded up $1.00 during trading hours on Friday, hitting $30.64. 637,783 shares of the company's stock were exchanged, compared to its average volume of 694,996. The stock's 50-day moving average is $36.31 and its 200-day moving average is $47.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. Winnebago Industries, Inc. has a 52 week low of $28.29 and a 52 week high of $66.05. The stock has a market cap of $858.55 million, a price-to-earnings ratio of -46.42 and a beta of 1.49.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates of $0.19. The company had revenue of $620.20 million during the quarter, compared to the consensus estimate of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The company's revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 earnings per share. As a group, research analysts forecast that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries's dividend payout ratio (DPR) is currently -544.00%.

Insider Activity at Winnebago Industries

In related news, Director Kevin E. Bryant acquired 4,200 shares of Winnebago Industries stock in a transaction on Monday, March 31st. The stock was purchased at an average cost of $34.12 per share, with a total value of $143,304.00. Following the completion of the transaction, the director now directly owns 13,755 shares in the company, valued at $469,320.60. This trade represents a 43.96 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the transaction, the director now directly owns 10,985 shares in the company, valued at $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

WGO has been the topic of a number of research reports. Robert W. Baird downgraded Winnebago Industries from an "outperform" rating to a "neutral" rating and dropped their target price for the company from $50.00 to $38.00 in a report on Friday, April 4th. StockNews.com lowered shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Friday, April 11th. Citigroup dropped their price objective on Winnebago Industries from $51.00 to $43.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. Benchmark dropped their price target on Winnebago Industries from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, April 1st. Finally, Truist Financial cut their price target on Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a report on Monday, April 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Winnebago Industries currently has an average rating of "Hold" and an average target price of $51.89.

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.