4,301 Shares in Winnebago Industries, Inc. (NYSE:WGO) Purchased by MML Investors Services LLC

MML Investors Services LLC acquired a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO – Get Rating) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,301 shares of the construction company’s stock, valued at approximately $229,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WGO. Advisors Asset Management Inc. grew its stake in shares of Winnebago Industries by 71.8% during the first quarter. Advisors Asset Management Inc. now owns 622 shares of the construction company’s stock valued at $34,000 after buying an additional 260 shares during the last quarter. Amundi grew its stake in shares of Winnebago Industries by 180.5% during the second quarter. Amundi now owns 777 shares of the construction company’s stock valued at $40,000 after buying an additional 500 shares during the last quarter. Wipfli Financial Advisors LLC bought a new position in shares of Winnebago Industries during the third quarter valued at approximately $51,000. Lipe & Dalton bought a new position in shares of Winnebago Industries during the third quarter valued at approximately $106,000. Finally, EMC Capital Management grew its stake in shares of Winnebago Industries by 50.9% during the second quarter. EMC Capital Management now owns 3,117 shares of the construction company’s stock valued at $151,000 after buying an additional 1,051 shares during the last quarter. 97.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on WGO shares. Truist Financial upped their target price on Winnebago Industries from $62.00 to $76.00 in a research note on Friday, February 17th. MKM Partners increased their price objective on Winnebago Industries from $53.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, January 27th. Northcoast Research cut Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, February 6th. Finally, Citigroup increased their price objective on Winnebago Industries from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 24th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $71.00.

Winnebago Industries Stock Down 2.5 %

Shares of NYSE WGO opened at $58.91 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.15 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $1.80 billion, a PE ratio of 5.56 and a beta of 1.68. The stock’s fifty day simple moving average is $62.22 and its two-hundred day simple moving average is $58.79. Winnebago Industries, Inc. has a 12-month low of $43.05 and a 12-month high of $70.53.

Winnebago Industries (NYSE:WGO – Get Rating) last issued its quarterly earnings data on Friday, December 16th. The construction company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.83 by $0.24. The firm had revenue of $952.20 million during the quarter, compared to analyst estimates of $898.59 million. Winnebago Industries had a return on equity of 32.66% and a net margin of 7.39%. As a group, analysts expect that Winnebago Industries, Inc. will post 7.12 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 25th. Investors of record on Wednesday, January 11th were paid a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, January 10th. This represents a $1.08 dividend on an annualized basis and a yield of 1.83%. Winnebago Industries’s dividend payout ratio (DPR) is 10.19%.

Winnebago Industries Profile

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Winnebago Industries, Inc engages in the manufacture of recreational vehicles and marine products. It operates through the following business segments: Towable, Motorhome, and Marine. The Towable segment includes non-motorized vehicles that are designed to be towed by automobiles, pickup trucks, SUVs, and vans and are used as temporary living quarters for recreational travel.