20,000 Shares in Winnebago Industries, Inc. $WGO Acquired by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. purchased a new position in Winnebago Industries, Inc. (NYSE:WGO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 20,000 shares of the RV manufacturer’s stock, valued at approximately $810,000. Prescott Group Capital Management L.L.C. owned about 0.07% of Winnebago Industries as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WGO. UBS Group AG lifted its stake in Winnebago Industries by 224.7% in the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after acquiring an additional 937,140 shares during the last quarter. Maple Rock Capital Partners Inc. lifted its stake in Winnebago Industries by 111.2% in the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after acquiring an additional 358,100 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Winnebago Industries during the 3rd quarter worth approximately $9,785,000. Royce & Associates LP purchased a new stake in shares of Winnebago Industries during the 3rd quarter worth approximately $6,838,000. Finally, Marshall Wace LLP lifted its position in shares of Winnebago Industries by 142.3% during the 2nd quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock worth $6,772,000 after buying an additional 137,120 shares during the last quarter.

Wall Street Analyst Weigh In

WGO has been the topic of a number of recent research reports. Truist Financial cut their target price on shares of Winnebago Industries from $47.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, April 9th. Weiss Ratings cut shares of Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Wall Street Zen raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. BMO Capital Markets lowered their price target on shares of Winnebago Industries from $55.00 to $48.00 and set an “outperform” rating on the stock in a research note on Thursday, March 26th. Finally, Robert W. Baird lowered their price target on shares of Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $42.30.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $29.12 on Thursday. The stock has a market cap of $823.22 million, a price-to-earnings ratio of 19.81 and a beta of 1.17. Winnebago Industries, Inc. has a 52 week low of $27.64 and a 52 week high of $50.16. The company’s 50-day moving average price is $32.04 and its 200 day moving average price is $38.09. The company has a current ratio of 2.30, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, March 25th. The RV manufacturer reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $657.40 million for the quarter, compared to analysts’ expectations of $628.00 million. Winnebago Industries had a net margin of 1.43% and a return on equity of 4.99%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. As a group, research analysts forecast that Winnebago Industries, Inc. will post 2.33 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, June 10th. Winnebago Industries’s dividend payout ratio is presently 95.24%.

Winnebago Industries Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.