Graham Capital Management L.P. Purchases New Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Graham Capital Management L.P. acquired a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO) in the 4th quarter, HoldingsChannel reports. The firm acquired 5,171 shares of the construction company’s stock, valued at approximately $247,000.

A number of other hedge funds also recently added to or reduced their stakes in WGO. Smartleaf Asset Management LLC increased its holdings in shares of Winnebago Industries by 270.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock valued at $25,000 after purchasing an additional 390 shares during the period. R Squared Ltd purchased a new position in Winnebago Industries in the 4th quarter valued at $43,000. Sterling Capital Management LLC raised its position in Winnebago Industries by 823.5% during the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company’s stock worth $43,000 after buying an additional 807 shares during the last quarter. KBC Group NV raised its position in Winnebago Industries by 64.5% during the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock worth $72,000 after buying an additional 587 shares during the last quarter. Finally, Headlands Technologies LLC lifted its stake in shares of Winnebago Industries by 129.0% in the 4th quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company’s stock worth $97,000 after acquiring an additional 1,143 shares during the period.

Winnebago Industries Stock Performance

NYSE WGO opened at $36.61 on Monday. The business has a 50 day moving average price of $33.40 and a 200 day moving average price of $44.25. The company has a market capitalization of $1.03 billion, a P/E ratio of -55.47 and a beta of 1.12. Winnebago Industries, Inc. has a 1-year low of $28.29 and a 1-year high of $65.65. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. The business had revenue of $620.20 million during the quarter, compared to analysts’ expectations of $621.41 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.93 earnings per share. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.71%. Winnebago Industries’s payout ratio is currently -544.00%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on WGO shares. BMO Capital Markets dropped their price target on shares of Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, March 28th. StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Friday, May 2nd. Robert W. Baird downgraded Winnebago Industries from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $50.00 to $38.00 in a research note on Friday, April 4th. Baird R W lowered Winnebago Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Finally, KeyCorp reduced their target price on Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Winnebago Industries presently has an average rating of “Moderate Buy” and a consensus price target of $51.89.

Insider Buying and Selling at Winnebago Industries

In related news, Director Kevin E. Bryant acquired 4,200 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the transaction, the director now directly owns 13,755 shares of the company’s stock, valued at approximately $469,320.60. This trade represents a 43.96% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 4.63% of the company’s stock.

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.