Bank of Montreal Can Sells 8,309 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Bank of Montreal Can lessened its position in shares of Winnebago Industries, Inc. (NYSE:WGOGet Rating) by 1.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 548,467 shares of the construction company’s stock after selling 8,309 shares during the period. Bank of Montreal Can’s holdings in Winnebago Industries were worth $41,289,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Cooke & Bieler LP increased its holdings in Winnebago Industries by 1.5% during the 4th quarter. Cooke & Bieler LP now owns 2,075,467 shares of the construction company’s stock worth $155,494,000 after acquiring an additional 31,640 shares during the period. Oxford Financial Group Ltd. increased its holdings in Winnebago Industries by 80.8% during the 4th quarter. Oxford Financial Group Ltd. now owns 888,457 shares of the construction company’s stock worth $66,563,000 after acquiring an additional 397,122 shares during the period. Geode Capital Management LLC increased its holdings in Winnebago Industries by 2.9% during the 3rd quarter. Geode Capital Management LLC now owns 556,432 shares of the construction company’s stock worth $40,313,000 after acquiring an additional 15,496 shares during the period. Goldman Sachs Group Inc. increased its holdings in Winnebago Industries by 27.4% during the 3rd quarter. Goldman Sachs Group Inc. now owns 511,043 shares of the construction company’s stock worth $37,025,000 after acquiring an additional 110,037 shares during the period. Finally, LSV Asset Management increased its holdings in Winnebago Industries by 272.0% during the 4th quarter. LSV Asset Management now owns 379,420 shares of the construction company’s stock worth $28,426,000 after acquiring an additional 277,420 shares during the period. 94.86% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Winnebago Industries in a report on Thursday, March 31st. They set a “hold” rating on the stock. Citigroup decreased their price target on shares of Winnebago Industries from $74.00 to $67.00 and set a “buy” rating on the stock in a report on Tuesday, April 19th. MKM Partners assumed coverage on shares of Winnebago Industries in a report on Thursday, May 5th. They issued a “buy” rating and a $79.00 price target on the stock. Zacks Investment Research lowered shares of Winnebago Industries from a “buy” rating to a “hold” rating and set a $67.00 price target on the stock. in a report on Monday, February 21st. Finally, Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating in a report on Tuesday, May 17th. Five research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $78.11.

Shares of Winnebago Industries stock opened at $45.31 on Friday. Winnebago Industries, Inc. has a 52-week low of $43.56 and a 52-week high of $80.30. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 4.49 and a beta of 1.70. The company has a fifty day moving average of $55.25 and a 200-day moving average of $64.30. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 2.18.

Winnebago Industries (NYSE:WGOGet Rating) last announced its quarterly earnings data on Wednesday, March 23rd. The construction company reported $3.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.06 by $0.08. Winnebago Industries had a net margin of 8.02% and a return on equity of 35.21%. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the prior year, the company earned $2.12 EPS. The firm’s revenue was up 38.7% on a year-over-year basis. On average, equities research analysts forecast that Winnebago Industries, Inc. will post 12.4 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 8th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, June 7th. This represents a $0.72 annualized dividend and a yield of 1.59%. Winnebago Industries’s payout ratio is currently 7.14%.

Winnebago Industries Profile (Get Rating)

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in six segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles.

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Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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