Aigen Investment Management LP Takes $229,000 Position in Winnebago Industries, Inc. (NYSE:WGO)

Aigen Investment Management LP purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,793 shares of the construction company’s stock, valued at approximately $229,000.

A number of other hedge funds have also recently added to or reduced their stakes in WGO. Entropy Technologies LP grew its position in Winnebago Industries by 89.2% in the third quarter. Entropy Technologies LP now owns 18,659 shares of the construction company’s stock worth $1,084,000 after acquiring an additional 8,796 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Winnebago Industries in the 3rd quarter valued at $211,000. MQS Management LLC bought a new stake in Winnebago Industries in the third quarter worth $1,025,000. Empowered Funds LLC boosted its holdings in Winnebago Industries by 5.3% in the third quarter. Empowered Funds LLC now owns 124,191 shares of the construction company’s stock worth $7,217,000 after purchasing an additional 6,298 shares in the last quarter. Finally, Aviance Capital Partners LLC increased its position in Winnebago Industries by 20.4% during the third quarter. Aviance Capital Partners LLC now owns 22,138 shares of the construction company’s stock worth $1,286,000 after buying an additional 3,751 shares during the last quarter.

Winnebago Industries Trading Up 2.2 %

Shares of WGO stock opened at $37.66 on Monday. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 1 year low of $34.12 and a 1 year high of $74.10. The firm’s fifty day simple moving average is $45.22 and its 200 day simple moving average is $53.00. The firm has a market capitalization of $1.07 billion, a P/E ratio of -57.05 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last posted 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). Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. During the same quarter in the previous year, the firm posted $1.06 EPS. The business’s revenue for the quarter was down 18.0% compared to the same quarter last year. As a group, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th were given a $0.34 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.61%. Winnebago Industries’s dividend payout ratio is currently -206.06%.

Insiders Place Their Bets

In other news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the transaction, the director now owns 10,985 shares in the company, valued at approximately $486,855.20. This represents a 12.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.63% of the company’s stock.

Analyst Upgrades and Downgrades

WGO has been the subject of a number of analyst reports. Benchmark reaffirmed a “buy” rating and issued a $70.00 price target on shares of Winnebago Industries in a research report on Monday, December 23rd. DA Davidson reduced their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Tuesday, December 24th. StockNews.com upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a report on Thursday. Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective for the company in a research note on Monday, November 11th. Finally, Truist Financial upped their price objective on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

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.