Janus Henderson Group PLC Grows Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Janus Henderson Group PLC lifted its holdings in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 1,242.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 181,579 shares of the construction company's stock after purchasing an additional 168,055 shares during the period. Janus Henderson Group PLC owned approximately 0.63% of Winnebago Industries worth $10,552,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WGO. Louisiana State Employees Retirement System grew its stake in shares of Winnebago Industries by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 14,700 shares of the construction company's stock worth $797,000 after acquiring an additional 200 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Winnebago Industries by 69.1% in the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock valued at $41,000 after purchasing an additional 286 shares during the period. Commonwealth Equity Services LLC grew its stake in Winnebago Industries by 5.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 6,143 shares of the construction company's stock worth $333,000 after purchasing an additional 294 shares in the last quarter. GAMMA Investing LLC increased its holdings in Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock worth $27,000 after purchasing an additional 316 shares during the period. Finally, Lakewood Asset Management LLC raised its position in Winnebago Industries by 7.1% in the 3rd quarter. Lakewood Asset Management LLC now owns 5,378 shares of the construction company's stock valued at $313,000 after purchasing an additional 355 shares in the last quarter.

Insider Activity

In other news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction that occurred 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William C. Fisher acquired 2,000 shares of the firm's stock in a transaction dated Monday, October 28th. The stock was purchased at an average cost of $54.81 per share, with a total value of $109,620.00. Following the completion of the acquisition, the director now directly owns 32,267 shares of the company's stock, valued at approximately $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.63% of the company's stock.

Winnebago Industries Stock Up 0.7 %

WGO traded up $0.38 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 stock 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 company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 191.54 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 quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.61). The business 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 business's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period last year, the company earned $1.59 earnings per share. As a group, analysts forecast that Winnebago Industries, Inc. will post 3.52 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Robert W. Baird lowered their price objective 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. Northcoast Research upgraded shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price target for the company in a report on Monday, November 11th. StockNews.com lowered shares of Winnebago Industries from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th. BMO Capital Markets lowered 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. Finally, Benchmark cut their price target on 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 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 stock. According to data from MarketBeat, Winnebago Industries has a consensus rating of "Moderate Buy" and a consensus target price of $68.13.

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.