Gamco Investors INC. ET AL grew its position in Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 43.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,870 shares of the RV manufacturer’s stock after purchasing an additional 43,870 shares during the period. Gamco Investors INC. ET AL owned about 0.52% of Winnebago Industries worth $4,201,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Marshall Wace LLP increased its holdings in Winnebago Industries by 142.3% in the second quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock worth $6,772,000 after buying an additional 137,120 shares during the last quarter. Teton Advisors Inc. grew its position in Winnebago Industries by 2.6% in the second quarter. Teton Advisors Inc. now owns 20,000 shares of the RV manufacturer’s stock worth $580,000 after acquiring an additional 500 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Winnebago Industries by 83.9% during the 2nd quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock worth $1,004,000 after purchasing an additional 15,801 shares during the last quarter. Thomist Capital Management LP bought a new position in shares of Winnebago Industries during the 2nd quarter valued at $598,000. Finally, Quadrature Capital Ltd bought a new position in shares of Winnebago Industries during the 2nd quarter valued at $263,000.
Winnebago Industries Price Performance
Shares of NYSE:WGO opened at $38.81 on Wednesday. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 42.65 and a beta of 1.12. The business has a 50 day moving average price of $35.07 and a 200 day moving average price of $33.59. The company has a quick ratio of 1.21, a current ratio of 2.42 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $58.68.
Insiders Place Their Bets
In related news, Director Sara E. Armbruster purchased 2,700 shares of the firm’s stock in a transaction on Friday, October 24th. The shares were bought at an average cost of $40.27 per share, for a total transaction of $108,729.00. Following the transaction, the director directly owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. This trade represents a 23.03% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael J. Happe sold 7,105 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $41.38, for a total transaction of $294,004.90. Following the transaction, the chief executive officer directly owned 347,501 shares of the company’s stock, valued at $14,379,591.38. This represents a 2.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.88% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on WGO shares. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a report on Thursday, October 23rd. Loop Capital initiated coverage on Winnebago Industries in a research note on Friday, October 31st. They set a “hold” rating and a $40.00 price target for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Winnebago Industries in a report on Wednesday, October 8th. Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. Finally, BMO Capital Markets upped their target price on Winnebago Industries from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Winnebago Industries presently has a consensus rating of “Hold” and an average price target of $39.00.
Read Our Latest Stock Analysis on Winnebago Industries
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.
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