LHM Inc. Takes Position in Winnebago Industries, Inc. (NYSE:WGO)

LHM Inc. purchased a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 127,182 shares of the construction company's stock, valued at approximately $6,077,000. Winnebago Industries makes up approximately 1.9% of LHM Inc.'s holdings, making the stock its 12th biggest holding. LHM Inc. owned 0.45% of Winnebago Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Wellington Management Group LLP acquired a new stake in Winnebago Industries during the third quarter valued at $7,750,000. Quantbot Technologies LP boosted its position in Winnebago Industries by 94.5% during the third quarter. Quantbot Technologies LP now owns 64,291 shares of the construction company's stock valued at $3,736,000 after purchasing an additional 31,242 shares during the last quarter. Vestcor Inc boosted its position in Winnebago Industries by 105.6% during the third quarter. Vestcor Inc now owns 17,205 shares of the construction company's stock valued at $1,000,000 after purchasing an additional 8,837 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Winnebago Industries by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company's stock valued at $49,714,000 after purchasing an additional 173,274 shares during the last quarter. Finally, Entropy Technologies LP lifted its position in shares of Winnebago Industries by 89.2% in the third quarter. Entropy Technologies LP now owns 18,659 shares of the construction company's stock worth $1,084,000 after buying an additional 8,796 shares during the last quarter.

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Insider Activity at Winnebago Industries

In other news, Director Jacqueline D. Woods sold 1,503 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now directly owns 10,985 shares in the company, valued at approximately $486,855.20. This represents a 12.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 4.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WGO shares. 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 report on Monday, November 11th. KeyCorp raised Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 price target for the company in a research report on Wednesday, January 8th. Benchmark reaffirmed a "buy" rating and issued a $70.00 price target on shares of Winnebago Industries in a research report on Monday, December 23rd. DA Davidson dropped their price objective on Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 24th. Finally, StockNews.com upgraded Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Thursday. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Winnebago Industries presently has a consensus rating of "Moderate Buy" and an average price target of $65.00.

Winnebago Industries Stock Performance

WGO traded up $0.81 on Friday, hitting $37.66. 1,252,151 shares of the stock traded hands, compared to its average volume of 624,091. Winnebago Industries, Inc. has a 52 week low of $34.12 and a 52 week high of $74.10. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.07 billion, a PE ratio of -57.05 and a beta of 1.70. The business has a fifty day moving average price of $45.22 and a two-hundred day moving average price of $53.03.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share. The company's revenue was down 18.0% on a year-over-year basis. On average, research analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 3.61%. Winnebago Industries's dividend payout ratio is -206.06%.

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.