Farther Finance Advisors LLC Has $32,000 Stock Position in Winnebago Industries, Inc. $WGO

Farther Finance Advisors LLC raised its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 53.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,107 shares of the RV manufacturer’s stock after acquiring an additional 385 shares during the quarter. Farther Finance Advisors LLC’s holdings in Winnebago Industries were worth $32,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Winnebago Industries by 11.7% in 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 purchasing an additional 73,099 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Winnebago Industries by 1.6% in the 1st quarter. Millennium Management LLC now owns 580,256 shares of the RV manufacturer’s stock valued at $19,996,000 after purchasing an additional 8,922 shares during the last quarter. Zweig DiMenna Associates LLC bought a new stake in shares of Winnebago Industries in the 1st quarter valued at $6,260,000. Principal Financial Group Inc. boosted its stake in shares of Winnebago Industries by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 167,320 shares of the RV manufacturer’s stock valued at $5,766,000 after purchasing an additional 1,640 shares during the last quarter. Finally, NFJ Investment Group LLC boosted its stake in shares of Winnebago Industries by 196.0% in the 1st quarter. NFJ Investment Group LLC now owns 164,188 shares of the RV manufacturer’s stock valued at $5,658,000 after purchasing an additional 108,715 shares during the last quarter.

Winnebago Industries Stock Performance

WGO opened at $32.01 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. The company’s fifty day moving average price is $33.74 and its two-hundred day moving average price is $32.97. Winnebago Industries, Inc. has a 1-year low of $28.00 and a 1-year high of $65.65. The company has a market cap of $897.35 million, a price-to-earnings ratio of -54.26 and a beta of 1.14.

Winnebago Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, September 10th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a yield of 4.4%. Winnebago Industries’s dividend payout ratio is currently -237.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. DA Davidson upped their price objective on shares of Winnebago Industries from $26.00 to $32.00 and gave the company a “neutral” rating in a research note on Tuesday, September 30th. Wall Street Zen raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Sunday, June 29th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Winnebago Industries in a research note on Saturday, September 27th. Benchmark cut their target price on shares of Winnebago Industries from $60.00 to $42.00 and set a “buy” rating on the stock in a research note on Monday, June 30th. Finally, KeyCorp cut their target price on shares of Winnebago Industries from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday, June 26th. 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.com, the stock presently has an average rating of “Hold” and a consensus target price of $40.78.

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.