Winnebago Industries, Inc. (NYSE:WGO) Director William C. Fisher Purchases 2,000 Shares

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) Director William C. Fisher bought 2,000 shares of Winnebago Industries stock in a transaction dated Monday, October 28th. The stock was acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the transaction, the director now directly owns 32,267 shares in the company, valued at approximately $1,768,554.27. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Winnebago Industries Stock Up 3.9 %

Shares of Winnebago Industries stock traded up $2.08 on Monday, reaching $55.60. The company's stock had a trading volume of 1,035,326 shares, compared to its average volume of 575,437. Winnebago Industries, Inc. has a 52 week low of $49.68 and a 52 week high of $75.42. The firm's fifty day simple moving average is $57.72 and its two-hundred day simple moving average is $58.48. 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 $1.61 billion, a price-to-earnings ratio of 178.41 and a beta of 1.61.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.61). The business had revenue of $720.90 million during the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. Winnebago Industries's quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 earnings per share. Equities analysts anticipate that Winnebago Industries, Inc. will post 3.72 earnings per share for the current year.

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were given a dividend of $0.34 per share. This is an increase from Winnebago Industries's previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, September 11th. This represents a $1.36 dividend on an annualized basis and a yield of 2.45%. Winnebago Industries's dividend payout ratio is 453.35%.

Analysts Set New Price Targets

A number of brokerages have weighed in on WGO. Citigroup upped their price objective on shares of Winnebago Industries from $71.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, July 12th. Robert W. Baird cut their price target on Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating on the stock in a research note on Thursday. BMO Capital Markets reduced 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. StockNews.com downgraded Winnebago Industries from a "hold" rating to a "sell" rating in a report on Friday, October 18th. Finally, Benchmark reduced their price target on Winnebago Industries from $75.00 to $70.00 and set a "buy" rating for the company in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $67.14.

Institutional Investors Weigh In On Winnebago Industries

A number of large investors have recently added to or reduced their stakes in WGO. Capstone Investment Advisors LLC purchased a new position in shares of Winnebago Industries in the 1st quarter worth $1,182,000. Bayesian Capital Management LP bought a new stake in shares of Winnebago Industries during the 1st quarter valued at about $681,000. Duality Advisers LP bought a new stake in shares of Winnebago Industries during the 1st quarter valued at about $1,212,000. 1832 Asset Management L.P. increased its position in shares of Winnebago Industries by 484.1% during the 1st quarter. 1832 Asset Management L.P. now owns 1,004,077 shares of the construction company's stock valued at $74,302,000 after purchasing an additional 832,187 shares during the last quarter. Finally, Quest Partners LLC lifted its stake in shares of Winnebago Industries by 3,334.2% in the 2nd quarter. Quest Partners LLC now owns 17,583 shares of the construction company's stock worth $953,000 after purchasing an additional 17,071 shares during the period.

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.

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