Winnebago Industries, Inc. (NYSE:WGO) Shares Bought by Empowered Funds LLC

Empowered Funds LLC grew its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,517 shares of the construction company’s stock after buying an additional 6,326 shares during the quarter. Empowered Funds LLC’s holdings in Winnebago Industries were worth $6,236,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WGO. Vest Financial LLC boosted its holdings in Winnebago Industries by 88.6% during the fourth quarter. Vest Financial LLC now owns 47,858 shares of the construction company’s stock worth $2,287,000 after buying an additional 22,477 shares in the last quarter. Hager Investment Management Services LLC acquired a new stake in shares of Winnebago Industries during the 4th quarter valued at approximately $216,000. R Squared Ltd purchased a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $43,000. Cascade Investment Advisors Inc. grew its holdings in shares of Winnebago Industries by 1.7% in the 4th 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, KBC Group NV increased its stake in Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock valued at $72,000 after purchasing an additional 587 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have weighed in on the company. DA Davidson lowered their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday, December 24th. StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. BMO Capital Markets lowered their price target on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. KeyCorp upgraded Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price objective for the company in a research report on Wednesday, January 8th. Finally, Robert W. Baird lowered their target price on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Winnebago Industries Price Performance

NYSE WGO opened at $45.03 on Tuesday. Winnebago Industries, Inc. has a 12 month low of $44.11 and a 12 month high of $74.10. The firm has a market capitalization of $1.28 billion, a PE ratio of -68.22 and a beta of 1.62. The company’s 50 day simple moving average is $49.68 and its 200 day simple moving average is $55.18. 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) last announced its quarterly earnings data 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). The business had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business’s revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 EPS. As a group, equities research analysts forecast that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.02%. Winnebago Industries’s dividend payout ratio is currently -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.