DekaBank Deutsche Girozentrale Cuts Stake in Winnebago Industries, Inc. (NYSE:WGO)

DekaBank Deutsche Girozentrale reduced its position in Winnebago Industries, Inc. (NYSE:WGO) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,393 shares of the construction company’s stock after selling 865 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Winnebago Industries were worth $323,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WGO. International Assets Investment Management LLC increased its holdings in shares of Winnebago Industries by 7,188.0% in the fourth quarter. International Assets Investment Management LLC now owns 10,932 shares of the construction company’s stock valued at $797,000 after purchasing an additional 10,782 shares during the period. Broad Peak Investment Holdings Ltd. raised its position in Winnebago Industries by 108.2% during the 4th quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock worth $53,325,000 after buying an additional 380,200 shares during the last quarter. IFG Advisory LLC lifted its stake in Winnebago Industries by 68.2% during the 4th quarter. IFG Advisory LLC now owns 65,789 shares of the construction company’s stock valued at $4,795,000 after acquiring an additional 26,669 shares during the period. Pacer Advisors Inc. lifted its stake in Winnebago Industries by 44.7% during the 4th quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after acquiring an additional 208,452 shares during the period. Finally, Vest Financial LLC purchased a new stake in shares of Winnebago Industries in the 4th quarter valued at $239,000.

Winnebago Industries Stock Performance

WGO opened at $62.37 on Wednesday. The company has a quick ratio of 1.52, a current ratio of 2.84 and a debt-to-equity ratio of 0.52. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 18.67 and a beta of 1.71. Winnebago Industries, Inc. has a 52-week low of $54.70 and a 52-week high of $75.42. The firm’s fifty day simple moving average is $68.23 and its two-hundred day simple moving average is $66.38.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $703.60 million for the quarter, compared to the consensus estimate of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. Equities analysts anticipate that Winnebago Industries, Inc. will post 5.2 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, April 9th. Winnebago Industries’s payout ratio is 37.13%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Roth Mkm reissued a “neutral” rating and set a $70.00 target price on shares of Winnebago Industries in a report on Thursday, March 21st. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Saturday. Truist Financial dropped their price target on shares of Winnebago Industries from $74.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, December 20th. Finally, DA Davidson raised their price target on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, March 26th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $71.80.

Winnebago Industries 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.