Broad Peak Investment Advisers Pte Ltd Has $33.56 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

Broad Peak Investment Advisers Pte Ltd lessened its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 34.2% during the 3rd quarter, Holdings Channel reports. The firm owned 577,483 shares of the construction company’s stock after selling 300,195 shares during the period. Winnebago Industries comprises about 10.3% of Broad Peak Investment Advisers Pte Ltd’s portfolio, making the stock its 3rd biggest holding. Broad Peak Investment Advisers Pte Ltd’s holdings in Winnebago Industries were worth $33,558,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. MQS Management LLC purchased a new position in shares of Winnebago Industries during the third quarter valued at about $1,025,000. Savvy Advisors Inc. bought a new position in Winnebago Industries during the third quarter valued at approximately $211,000. Entropy Technologies LP grew its holdings in Winnebago Industries by 89.2% during the 3rd quarter. Entropy Technologies LP now owns 18,659 shares of the construction company’s stock valued at $1,084,000 after buying an additional 8,796 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in Winnebago Industries by 196.6% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company’s stock worth $86,000 after acquiring an additional 989 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of Winnebago Industries by 5,711.3% during the 3rd quarter. International Assets Investment Management LLC now owns 8,717 shares of the construction company’s stock valued at $507,000 after acquiring an additional 8,567 shares during the last quarter.

Insider Buying and Selling

In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the transaction, the senior vice president now directly owns 23,728 shares in the company, valued at $1,343,953.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director William C. Fisher purchased 2,000 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were purchased at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares in the company, valued at approximately $1,768,554.27. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the sale, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by insiders.

Winnebago Industries Trading Down 2.2 %

WGO opened at $61.20 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The stock’s 50 day moving average price is $57.79 and its 200-day moving average price is $58.15. Winnebago Industries, Inc. has a one year low of $49.68 and a one year high of $75.42. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 204.01 and a beta of 1.60.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.61). Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business had revenue of $720.90 million during the quarter, compared to the consensus estimate of $718.72 million. During the same period last year, the company earned $1.59 EPS. The business’s revenue was down 6.5% compared to the same quarter last year. On average, equities analysts forecast that Winnebago Industries, Inc. will post 3.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WGO. Benchmark decreased their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Northcoast Research raised Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Monday. Robert W. Baird lowered their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, BMO Capital Markets cut their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $68.13.

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.