Villanova Investment Management Co LLC Has $1.26 Million Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Villanova Investment Management Co LLC lifted its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 10.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,416 shares of the construction company’s stock after acquiring an additional 2,599 shares during the period. Villanova Investment Management Co LLC owned approximately 0.09% of Winnebago Industries worth $1,262,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WGO. Wellington Management Group LLP bought a new stake in Winnebago Industries during the third quarter worth about $7,750,000. Vestcor Inc lifted its position in shares of Winnebago Industries by 105.6% during the 3rd quarter. Vestcor Inc now owns 17,205 shares of the construction company’s stock worth $1,000,000 after buying an additional 8,837 shares during the last quarter. JPMorgan Chase & Co. boosted 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 in the last quarter. Inspire Investing LLC bought a new position in Winnebago Industries in the fourth quarter valued at about $399,000. Finally, Dean Investment Associates LLC grew its position in Winnebago Industries by 108.1% in the third quarter. Dean Investment Associates LLC now owns 50,966 shares of the construction company’s stock valued at $2,962,000 after acquiring an additional 26,474 shares during the last quarter.

Winnebago Industries Stock Performance

NYSE:WGO opened at $34.52 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.34 and a current ratio of 2.58. Winnebago Industries, Inc. has a fifty-two week low of $33.59 and a fifty-two week high of $74.00. The company has a 50 day simple moving average of $41.18 and a two-hundred day simple moving average of $50.42. The company has a market capitalization of $980.21 million, a PE ratio of -52.30 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $620.20 million during the quarter, compared to analysts’ expectations of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. Winnebago Industries’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 earnings per share. Research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio is -206.06%.

Insider Activity at Winnebago Industries

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the transaction, the director now directly owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.63% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

WGO has been the subject of a number of research analyst reports. DA Davidson lowered their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. BMO Capital Markets dropped their price target on Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday. StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. KeyCorp lowered their target price on Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, March 20th. Finally, Truist Financial cut their price target on Winnebago Industries from $58.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Winnebago Industries has a consensus rating of “Moderate Buy” and an average price target of $58.00.

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.