Vest Financial LLC Buys 22,477 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Vest Financial LLC lifted its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 88.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,858 shares of the construction company's stock after buying an additional 22,477 shares during the period. Vest Financial LLC owned approximately 0.17% of Winnebago Industries worth $2,287,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WGO. Sanctuary Advisors LLC grew its stake in shares of Winnebago Industries by 3.6% in the third quarter. Sanctuary Advisors LLC now owns 7,065 shares of the construction company's stock worth $416,000 after acquiring an additional 245 shares during the period. Sound Income Strategies LLC raised its stake in Winnebago Industries by 69.1% during the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock valued at $41,000 after buying an additional 286 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock valued at $27,000 after buying an additional 316 shares during the period. Cascade Investment Advisors Inc. grew its holdings in shares of Winnebago Industries by 1.7% in the fourth quarter. Cascade Investment Advisors Inc. now owns 22,898 shares of the construction company's stock worth $1,094,000 after acquiring an additional 380 shares during the period. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Winnebago Industries by 9.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,713 shares of the construction company's stock worth $273,000 after acquiring an additional 506 shares during the period.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WGO shares. BMO Capital Markets cut their price target on Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. Robert W. Baird reduced their target price on shares of Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. DA Davidson dropped their price target on shares of Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 24th. Truist Financial boosted their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the company a "buy" rating in a research report on Monday. Finally, KeyCorp raised Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 target price on the stock in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $65.00.

Winnebago Industries Price Performance

NYSE:WGO traded down $1.78 on Wednesday, reaching $44.32. 645,199 shares of the company's stock traded hands, compared to its average volume of 722,157. The stock has a 50-day simple moving average of $49.22 and a 200-day simple moving average of $55.01. Winnebago Industries, Inc. has a 12 month low of $43.69 and a 12 month high of $74.10. The firm has a market cap of $1.26 billion, a PE ratio of -67.15 and a beta of 1.62. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its 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 business had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. During the same period last year, the business posted $1.06 EPS. The firm's revenue for the quarter was down 18.0% compared to the same quarter last year. Equities research analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The business also recently announced 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 of this dividend was Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 3.07%. Winnebago Industries's payout ratio is -206.06%.

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.