GAMMA Investing LLC Has $33,000 Position in Winnebago Industries, Inc. $WGO

GAMMA Investing LLC increased its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 62.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,123 shares of the RV manufacturer’s stock after acquiring an additional 433 shares during the period. GAMMA Investing LLC’s holdings in Winnebago Industries were worth $33,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its position in shares of Winnebago Industries by 11.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 698,647 shares of the RV manufacturer’s stock valued at $24,075,000 after acquiring an additional 73,099 shares in the last quarter. Millennium Management LLC boosted its position in Winnebago Industries by 1.6% in the first quarter. Millennium Management LLC now owns 580,256 shares of the RV manufacturer’s stock valued at $19,996,000 after buying an additional 8,922 shares in the last quarter. Zweig DiMenna Associates LLC acquired a new position in Winnebago Industries in the first quarter valued at about $6,260,000. Principal Financial Group Inc. boosted its position in Winnebago Industries by 1.0% in the first quarter. Principal Financial Group Inc. now owns 167,320 shares of the RV manufacturer’s stock valued at $5,766,000 after buying an additional 1,640 shares in the last quarter. Finally, NFJ Investment Group LLC boosted its position in Winnebago Industries by 196.0% in the first quarter. NFJ Investment Group LLC now owns 164,188 shares of the RV manufacturer’s stock valued at $5,658,000 after buying an additional 108,715 shares in the last quarter.

Winnebago Industries Trading Up 2.1%

WGO opened at $34.79 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 0.89. The company has a market cap of $975.02 million, a price-to-earnings ratio of -58.96 and a beta of 1.14. The firm has a 50 day simple moving average of $33.70 and a 200 day simple moving average of $32.99. Winnebago Industries, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $65.65.

Winnebago Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were paid a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a yield of 4.0%. Winnebago Industries’s payout ratio is currently -237.29%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Roth Capital reduced their price target on shares of Winnebago Industries from $37.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, June 26th. DA Davidson boosted their price target on shares of Winnebago Industries from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Tuesday, September 30th. Robert W. Baird reduced their price target on shares of Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, June 26th. BMO Capital Markets reduced their price target on shares of Winnebago Industries from $50.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, June 26th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Winnebago Industries in a research report on Saturday, September 27th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $40.78.

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.