Captrust Financial Advisors Sells 12,530 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Captrust Financial Advisors reduced its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 71.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,980 shares of the construction company's stock after selling 12,530 shares during the period. Captrust Financial Advisors' holdings in Winnebago Industries were worth $289,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its holdings in shares of Winnebago Industries by 47.8% in the 2nd quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company's stock valued at $77,602,000 after buying an additional 463,257 shares during the period. 1832 Asset Management L.P. raised its holdings in shares of Winnebago Industries by 13.8% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company's stock worth $61,918,000 after purchasing an additional 138,327 shares in the last quarter. American Century Companies Inc. increased its position in shares of Winnebago Industries by 8.8% in the second quarter. American Century Companies Inc. now owns 861,575 shares of the construction company's stock worth $46,697,000 after acquiring an additional 69,453 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Winnebago Industries by 10.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 574,914 shares of the construction company's stock worth $33,408,000 after acquiring an additional 54,272 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Winnebago Industries by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 376,829 shares of the construction company's stock valued at $20,424,000 after purchasing an additional 1,681 shares in the last quarter.

Insiders Place Their Bets

In related news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction on Friday, November 1st. The stock was 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 directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William C. Fisher bought 2,000 shares of the firm's stock in a transaction dated Monday, October 28th. The shares were acquired at an average cost of $54.81 per share, with a total value of $109,620.00. Following the completion of the transaction, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. The trade was a 6.61 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 4.63% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WGO shares. Truist Financial reduced their target price on shares of Winnebago Industries from $68.00 to $64.00 and set a "buy" rating for the company in a research note on Thursday, October 24th. Northcoast Research upgraded shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price objective for the company in a research note on Monday, November 11th. Robert W. Baird reduced their price objective on shares of Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. StockNews.com cut shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th. Finally, BMO Capital Markets reduced their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $68.13.

Winnebago Industries Trading Down 2.2 %

Shares of Winnebago Industries stock traded down $1.22 on Friday, hitting $55.41. The stock had a trading volume of 632,196 shares, compared to its average volume of 480,403. The firm has a market capitalization of $1.60 billion, a P/E ratio of 184.71 and a beta of 1.60. The stock has a 50 day moving average of $58.14 and a 200 day moving average of $57.56. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. Winnebago Industries, Inc. has a twelve month low of $49.68 and a twelve month high of $75.42.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($0.61). The firm had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.59 EPS. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.52 earnings per share for the current fiscal year.

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.