Deutsche Bank AG Has $1.20 Million Stake in Winnebago Industries, Inc. (NYSE:WGO)

Deutsche Bank AG grew its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 50.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,029 shares of the construction company’s stock after purchasing an additional 8,390 shares during the quarter. Deutsche Bank AG owned about 0.09% of Winnebago Industries worth $1,196,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in shares of Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock valued at $25,000 after acquiring an additional 390 shares during the period. Sterling Capital Management LLC lifted its holdings in Winnebago Industries by 823.5% during the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company’s stock valued at $43,000 after purchasing an additional 807 shares during the last quarter. R Squared Ltd acquired a new position in Winnebago Industries in the fourth quarter valued at about $43,000. KBC Group NV grew its stake in Winnebago Industries by 64.5% during the fourth 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 grew its stake in Winnebago Industries by 129.0% during the fourth quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company’s stock worth $97,000 after buying an additional 1,143 shares during the last quarter.

Insider Activity

In other news, Director Kevin E. Bryant purchased 4,200 shares of the business’s stock in a transaction on Monday, March 31st. The stock was purchased at an average cost of $34.12 per share, with a total value of $143,304.00. Following the acquisition, the director now directly owns 13,755 shares in the company, valued at approximately $469,320.60. This trade represents a 43.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 4.63% of the company’s stock.

Wall Street Analyst Weigh In

WGO has been the topic of a number of recent analyst reports. Baird R W lowered Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. BMO Capital Markets decreased their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Friday, March 28th. Robert W. Baird cut shares of Winnebago Industries from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $50.00 to $38.00 in a research report on Friday, April 4th. Benchmark reduced their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, April 1st. Finally, DA Davidson raised shares of Winnebago Industries to a “hold” rating in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $51.89.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $33.53 on Monday. The firm has a market capitalization of $939.54 million, a P/E ratio of -50.79 and a beta of 1.12. The firm’s 50-day moving average price is $33.37 and its 200-day moving average price is $43.42. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 1-year low of $28.29 and a 1-year high of $65.65.

Winnebago Industries (NYSE:WGO) last released 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. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The business’s revenue was down 11.9% on a year-over-year basis. Equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.06%. Winnebago Industries’s dividend payout ratio is presently -544.00%.

Winnebago Industries 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.