LSV Asset Management Has $36.63 Million Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

LSV Asset Management decreased its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 23.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 766,615 shares of the construction company's stock after selling 237,500 shares during the quarter. LSV Asset Management owned 2.70% of Winnebago Industries worth $36,629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in WGO. Wellington Management Group LLP acquired a new stake in shares of Winnebago Industries during the 3rd quarter valued at about $7,750,000. Vestcor Inc grew its holdings in Winnebago Industries by 105.6% in the 3rd quarter. Vestcor Inc now owns 17,205 shares of the construction company's stock valued at $1,000,000 after buying an additional 8,837 shares during the last quarter. JPMorgan Chase & Co. increased its position in Winnebago Industries by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company's stock worth $49,714,000 after buying an additional 173,274 shares during the period. Inspire Investing LLC acquired a new position in shares of Winnebago Industries during the fourth quarter worth approximately $399,000. Finally, Prescott Group Capital Management L.L.C. bought a new stake in shares of Winnebago Industries in the fourth quarter valued at approximately $1,433,000.

Wall Street Analyst Weigh In

Several research firms recently commented on WGO. Truist Financial cut their target price on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a research note on Monday. KeyCorp decreased their target price on Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating on the stock in a research report on Thursday. BMO Capital Markets cut their price target on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating for the company in a report on Friday, March 28th. StockNews.com lowered Winnebago Industries from a "hold" rating to a "sell" rating in a report on Friday, April 11th. Finally, Robert W. Baird cut Winnebago Industries from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $50.00 to $38.00 in a research report on Friday, April 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $51.89.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded up $0.48 during mid-day trading on Thursday, reaching $30.12. 184,059 shares of the stock were exchanged, compared to its average volume of 691,902. The company has a market cap of $844.14 million, a price-to-earnings ratio of -45.75 and a beta of 1.49. Winnebago Industries, Inc. has a fifty-two week low of $28.29 and a fifty-two week high of $66.05. 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 50-day simple moving average of $36.91 and a 200 day simple moving average of $48.05.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its earnings results on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same period in the previous year, the business earned $0.93 EPS. Winnebago Industries's revenue was down 11.9% compared to the same quarter last year. On average, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries's dividend payout ratio is currently -544.00%.

Insider Buying and Selling at Winnebago Industries

In related news, Director Kevin E. Bryant acquired 4,200 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of $34.12 per share, for a total transaction of $143,304.00. Following the transaction, the director now directly owns 13,755 shares of the company's stock, valued at approximately $469,320.60. This trade represents a 43.96 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jacqueline D. Woods sold 1,503 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.63% of the company's stock.

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.