Vestcor Inc Has $240,000 Position in Winnebago Industries, Inc. (NYSE:WGO)

Vestcor Inc lowered its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 70.8% in the fourth quarter, Holdings Channel reports. The firm owned 5,019 shares of the construction company’s stock after selling 12,186 shares during the period. Vestcor Inc’s holdings in Winnebago Industries were worth $240,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP acquired a new position in shares of Winnebago Industries in the third quarter valued at approximately $7,750,000. Quantbot Technologies LP boosted its holdings in shares of Winnebago Industries by 94.5% in the third quarter. Quantbot Technologies LP now owns 64,291 shares of the construction company’s stock valued at $3,736,000 after buying an additional 31,242 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Winnebago Industries by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $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 in the fourth quarter valued at approximately $399,000. Finally, Dean Investment Associates LLC boosted its holdings in shares of Winnebago Industries by 108.1% in the third quarter. Dean Investment Associates LLC now owns 50,966 shares of the construction company’s stock valued at $2,962,000 after buying an additional 26,474 shares during the period.

Insider Buying and Selling at Winnebago Industries

In related news, Director Jacqueline D. Woods sold 1,503 shares of Winnebago Industries 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 completion of the sale, the director now owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 4.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Benchmark reiterated a “buy” rating and issued a $70.00 price target on shares of Winnebago Industries in a report on Monday, December 23rd. KeyCorp upgraded shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price target for the company in a report on Wednesday, January 8th. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Monday. Truist Financial boosted their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Finally, DA Davidson cut their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $65.00.

Winnebago Industries Trading Down 3.2 %

Shares of NYSE:WGO opened at $34.63 on Wednesday. Winnebago Industries, Inc. has a 52-week low of $34.12 and a 52-week high of $74.10. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. The company has a market capitalization of $983.25 million, a P/E ratio of -52.46 and a beta of 1.70. The company has a 50-day simple moving average of $43.47 and a 200 day simple moving average of $51.81.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business 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 posted $1.06 earnings per share. The business’s revenue was down 18.0% compared to the same quarter last year. Sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

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.