11,664 Shares in Winnebago Industries, Inc. (NYSE:WGO) Bought by Centiva Capital LP

Centiva Capital LP bought a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,664 shares of the construction company's stock, valued at approximately $678,000.

A number of other hedge funds also recently modified their holdings of WGO. Price T Rowe Associates Inc. MD raised its position in Winnebago Industries by 4.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 22,186 shares of the construction company's stock valued at $1,642,000 after buying an additional 858 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of Winnebago Industries by 13.5% in the second quarter. Assenagon Asset Management S.A. now owns 34,495 shares of the construction company's stock worth $1,870,000 after purchasing an additional 4,103 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Winnebago Industries by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 14,700 shares of the construction company's stock worth $797,000 after purchasing an additional 200 shares during the period. 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. Finally, Legato Capital Management LLC acquired a new position in Winnebago Industries in the 2nd quarter valued at approximately $490,000.

Winnebago Industries Stock Performance

Shares of Winnebago Industries stock traded down $0.13 on Friday, reaching $57.08. The stock had a trading volume of 382,650 shares, compared to its average volume of 581,831. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The business's 50-day moving average price is $58.22 and its two-hundred day moving average price is $57.66. The stock has a market cap of $1.65 billion, a P/E ratio of 190.27 and a beta of 1.60. Winnebago Industries, Inc. has a fifty-two week low of $49.68 and a fifty-two week high of $75.42.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.61). The firm had revenue of $720.90 million during the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The business's revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.59 EPS. On average, sell-side analysts forecast that Winnebago Industries, Inc. will post 3.52 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WGO. BMO Capital Markets decreased their target price 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. Northcoast Research raised Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price target for the company in a research note on Monday, November 11th. Truist Financial dropped their price objective on Winnebago Industries from $68.00 to $64.00 and set a "buy" rating on the stock in a report 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, Benchmark dropped their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a "buy" rating on the stock in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $68.13.

Insider Activity at Winnebago Industries

In related news, CEO Michael J. Happe acquired 2,500 shares of the business's stock in a transaction dated Tuesday, October 29th. The stock was acquired at an average price of $55.52 per share, with a total value of $138,800.00. Following the completion of the transaction, the chief executive officer now owns 285,953 shares of the company's stock, valued at approximately $15,876,110.56. This represents a 0.88 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director William C. Fisher bought 2,000 shares of Winnebago Industries stock in a transaction that occurred on Monday, October 28th. The stock was bought at an average price of $54.81 per share, with a total value of $109,620.00. Following the purchase, the director now owns 32,267 shares of the company's stock, valued at $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is owned by corporate insiders.

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.