Dean Investment Associates LLC Has $2.96 Million Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Dean Investment Associates LLC increased its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 108.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,966 shares of the construction company's stock after purchasing an additional 26,474 shares during the period. Dean Investment Associates LLC owned 0.18% of Winnebago Industries worth $2,962,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its stake 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 worth $77,602,000 after buying an additional 463,257 shares in the last quarter. Millennium Management LLC raised its position in Winnebago Industries by 1,772.8% in the second quarter. Millennium Management LLC now owns 210,504 shares of the construction company's stock worth $11,409,000 after acquiring an additional 199,264 shares in the last quarter. Edgestream Partners L.P. bought a new stake in Winnebago Industries in the second quarter worth about $9,708,000. Janus Henderson Group PLC lifted its holdings in Winnebago Industries by 1,242.6% in the 3rd quarter. Janus Henderson Group PLC now owns 181,579 shares of the construction company's stock valued at $10,552,000 after acquiring an additional 168,055 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Winnebago Industries during the 2nd quarter valued at about $7,976,000.

Winnebago Industries Stock Up 0.7 %

Shares of WGO traded up $0.38 during trading hours on Monday, reaching $57.46. The company's stock had a trading volume of 302,761 shares, compared to its average volume of 583,737. The company has a 50 day moving average of $58.21 and a two-hundred day moving average of $57.63. The company has a quick ratio of 1.36, a current ratio of 2.44 and a debt-to-equity ratio of 0.50. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 191.54 and a beta of 1.60. Winnebago Industries, Inc. has a 1-year low of $49.68 and a 1-year high of $75.42.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.61). The company had revenue of $720.90 million during 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 firm's quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 EPS. As a group, research analysts predict that Winnebago Industries, Inc. will post 3.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on WGO shares. Truist Financial dropped their target price on shares of Winnebago Industries from $68.00 to $64.00 and set a "buy" rating on the stock in a report on Thursday, October 24th. BMO Capital Markets cut their price objective on Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. Northcoast Research raised 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. StockNews.com lowered Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Tuesday, October 29th. Finally, Robert W. Baird decreased their price target on Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $68.13.

Insider Activity at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe acquired 2,500 shares of Winnebago Industries stock in a transaction that occurred on 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 purchase, the chief executive officer now owns 285,953 shares in the company, valued at approximately $15,876,110.56. This trade represents a 0.88 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $690,271.68. Following the transaction, the senior vice president now directly owns 23,728 shares in the company, valued at $1,343,953.92. The trade was a 33.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.63% of the company's stock.

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.