GAMMA Investing LLC Invests $30,000 in Winnebago Industries, Inc. (NYSE:WGO)

GAMMA Investing LLC bought a new position in Winnebago Industries, Inc. (NYSE:WGO) during the fourth quarter, HoldingsChannel.com reports. The fund bought 417 shares of the construction company’s stock, valued at approximately $30,000.

A number of other institutional investors have also recently modified their holdings of the stock. Broad Peak Investment Holdings Ltd. grew its stake in shares of Winnebago Industries by 108.2% in the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock worth $53,325,000 after acquiring an additional 380,200 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Winnebago Industries by 44.7% during the fourth quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after purchasing an additional 208,452 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Winnebago Industries by 10.9% during the third quarter. American Century Companies Inc. now owns 471,203 shares of the construction company’s stock valued at $28,013,000 after purchasing an additional 46,325 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Winnebago Industries by 3.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 460,941 shares of the construction company’s stock valued at $27,403,000 after purchasing an additional 16,036 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Winnebago Industries by 4.4% during the third quarter. Invesco Ltd. now owns 269,904 shares of the construction company’s stock valued at $16,046,000 after purchasing an additional 11,393 shares in the last quarter.

Winnebago Industries Stock Down 0.8 %

WGO stock opened at $62.24 on Tuesday. Winnebago Industries, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $75.42. The business’s 50-day moving average is $66.47 and its two-hundred day moving average is $66.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.52 and a current ratio of 2.84. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 18.63 and a beta of 1.72.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, March 21st. The construction company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $703.60 million for the quarter, compared to the consensus estimate of $692.63 million. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. As a group, analysts forecast that Winnebago Industries, Inc. will post 5.15 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date was Tuesday, April 9th. Winnebago Industries’s payout ratio is 37.13%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on WGO shares. StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. DA Davidson upped their price target on Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, March 26th. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $70.00 price target on shares of Winnebago Industries in a report on Thursday, March 21st. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Winnebago Industries presently has a consensus rating of “Moderate Buy” and an average target price of $71.80.

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.