Holocene Advisors LP Takes Position in Winnebago Industries, Inc. (NYSE:WGO)

Holocene Advisors LP acquired a new position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,299 shares of the construction company's stock, valued at approximately $1,296,000. Holocene Advisors LP owned approximately 0.08% of Winnebago Industries at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its stake in Winnebago Industries by 222.5% in the 3rd 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. Sound Income Strategies LLC grew its stake in Winnebago Industries by 69.1% in the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock worth $41,000 after acquiring an additional 286 shares during the period. Innealta Capital LLC purchased a new stake in Winnebago Industries in the 2nd quarter worth approximately $45,000. nVerses Capital LLC purchased a new stake in shares of Winnebago Industries during the 2nd quarter valued at $76,000. Finally, DekaBank Deutsche Girozentrale grew its stake in shares of Winnebago Industries by 196.6% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company's stock valued at $86,000 after buying an additional 989 shares during the period.

Analysts Set New Price Targets

Several analysts have recently issued reports on WGO shares. Benchmark lowered their price objective on shares of Winnebago Industries from $75.00 to $70.00 and set a "buy" rating for the company in a research note on Tuesday, October 22nd. StockNews.com cut shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th. Robert W. Baird lowered 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. Northcoast Research raised 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. Finally, Truist Financial lowered their price objective 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. 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 company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $68.13.

Winnebago Industries Stock Down 0.2 %

Shares of NYSE:WGO traded down $0.13 during midday trading on Friday, hitting $57.08. 382,650 shares of the company's stock traded hands, 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 company has a market cap of $1.65 billion, a PE ratio of 190.27 and a beta of 1.60. The firm's fifty day moving average price is $58.22 and its two-hundred day moving average price is $57.66. 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 posted its earnings results 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). Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. During the same quarter in the previous year, the firm posted $1.59 EPS. The business's revenue was down 6.5% compared to the same quarter last year. On average, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.52 EPS for the current fiscal year.

Insiders Place Their Bets

In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the business's stock in a transaction 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 transaction, the senior vice president now owns 23,728 shares in the company, valued at $1,343,953.92. The trade was a 33.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael J. Happe acquired 2,500 shares of the business's stock in a transaction on Tuesday, October 29th. The stock was purchased at an average price of $55.52 per share, for a total transaction of $138,800.00. Following the acquisition, the chief executive officer now directly owns 285,953 shares in the company, valued at $15,876,110.56. This represents a 0.88 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by company insiders.

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.