Oxford Asset Management LLP Takes $471,000 Position in Winnebago Industries, Inc. (NYSE:WGO)

Oxford Asset Management LLP acquired a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,862 shares of the construction company’s stock, valued at approximately $471,000.

A number of other institutional investors and hedge funds also recently modified their holdings of WGO. JPMorgan Chase & Co. raised its stake in Winnebago Industries by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after buying an additional 173,274 shares during the period. Inspire Investing LLC acquired a new position in shares of Winnebago Industries during the 4th quarter worth approximately $399,000. Prescott Group Capital Management L.L.C. bought a new stake in Winnebago Industries in the 4th quarter valued at $1,433,000. Proficio Capital Partners LLC acquired a new stake in Winnebago Industries during the 4th quarter valued at $632,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company’s stock valued at $29,889,000 after purchasing an additional 50,634 shares during the last quarter.

Analyst Upgrades and Downgrades

WGO has been the topic of several research analyst reports. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Thursday. KeyCorp lowered their price target on shares of Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. BMO Capital Markets reduced their price objective on Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, March 28th. Robert W. Baird lowered Winnebago Industries from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $50.00 to $38.00 in a research note on Friday, April 4th. Finally, Benchmark reduced their price target on Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.89.

Insider Transactions at Winnebago Industries

In related news, Director Jacqueline D. Woods sold 1,503 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the sale, the director now directly owns 10,985 shares in the company, valued at $486,855.20. This represents a 12.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kevin E. Bryant acquired 4,200 shares of Winnebago Industries stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the purchase, the director now directly owns 13,755 shares of the company’s stock, valued at $469,320.60. This represents a 43.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by insiders.

Winnebago Industries Trading Down 0.4 %

Shares of NYSE:WGO opened at $32.72 on Friday. The business’s 50 day simple moving average is $35.06 and its 200 day simple moving average is $46.74. Winnebago Industries, Inc. has a 1 year low of $28.29 and a 1 year high of $66.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The company has a market capitalization of $916.98 million, a P/E ratio of -49.58 and a beta of 1.49.

Winnebago Industries (NYSE:WGO) last released its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. Winnebago Industries’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 EPS. On average, research analysts anticipate 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 will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio (DPR) is presently -544.00%.

Winnebago Industries Company 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.