Winnebago Industries, Inc. (NYSE:WGO) Director Jacqueline D. Woods Sells 1,503 Shares

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) Director Jacqueline D. Woods sold 1,503 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the transaction, the director now directly owns 10,985 shares of the company's stock, valued at approximately $486,855.20. This trade represents a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Winnebago Industries Stock Down 1.1 %

WGO stock traded down $0.50 on Tuesday, reaching $44.57. 555,302 shares of the company traded hands, compared to its average volume of 700,952. The firm has a fifty day simple moving average of $48.21 and a 200-day simple moving average of $54.53. The company has a market cap of $1.27 billion, a P/E ratio of -67.54 and a beta of 1.62. Winnebago Industries, Inc. has a one year low of $43.69 and a one year high of $74.10. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34.

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 for the quarter, missing the consensus estimate of $0.20 by ($0.23). The company had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. Winnebago Industries's revenue was down 18.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.06 earnings per share. Research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were paid a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.36 annualized dividend and a dividend yield of 3.05%. Winnebago Industries's dividend payout ratio is presently -206.06%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WGO. Robert W. Baird reduced their target price on Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating on the stock in a research note on Thursday, October 24th. Truist Financial upped their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a "buy" rating in a report on Monday, February 10th. DA Davidson dropped their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating for the company in a research report on Tuesday, December 24th. KeyCorp upgraded shares of Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 price target on the stock in a research report on Wednesday, January 8th. Finally, Northcoast Research upgraded shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price objective for the company in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $65.00.

Institutional Investors Weigh In On Winnebago Industries

Several institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Winnebago Industries by 18.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 84,693 shares of the construction company's stock valued at $4,047,000 after purchasing an additional 13,365 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of Winnebago Industries during the fourth quarter valued at $1,652,000. Vident Advisory LLC boosted its position in shares of Winnebago Industries by 13.4% during the fourth quarter. Vident Advisory LLC now owns 12,021 shares of the construction company's stock valued at $574,000 after buying an additional 1,422 shares during the last quarter. Two Sigma Advisers LP bought a new stake in Winnebago Industries in the 4th quarter worth about $3,579,000. Finally, Two Sigma Investments LP purchased a new position in Winnebago Industries in the 4th quarter worth about $6,326,000.

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.