Y Intercept Hong Kong Ltd trimmed its holdings in Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 32.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,405 shares of the RV manufacturer’s stock after selling 17,526 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.13% of Winnebago Industries worth $1,217,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in WGO. Farther Finance Advisors LLC lifted its position in Winnebago Industries by 53.3% during the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after buying an additional 385 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Winnebago Industries by 62.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after acquiring an additional 433 shares during the last quarter. State of Wyoming raised its holdings in shares of Winnebago Industries by 151.4% during the 2nd quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock worth $99,000 after acquiring an additional 2,051 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Winnebago Industries during the 2nd quarter valued at about $100,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Winnebago Industries by 135.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,694 shares of the RV manufacturer’s stock valued at $107,000 after acquiring an additional 2,124 shares during the last quarter.
Winnebago Industries Stock Down 1.7%
Shares of NYSE WGO opened at $45.84 on Friday. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $42.04 and its two-hundred day moving average is $36.63. Winnebago Industries, Inc. has a 52-week low of $28.00 and a 52-week high of $49.37. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 35.81 and a beta of 1.08.
Winnebago Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, January 14th. Winnebago Industries’s dividend payout ratio is currently 109.38%.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on WGO shares. Wall Street Zen upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Zacks Research upgraded shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. Citigroup upped their price objective on Winnebago Industries from $51.00 to $54.00 and gave the company a “buy” rating in a report on Friday, January 16th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research report on Monday, December 22nd. Finally, Benchmark lifted their target price on Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $42.80.
Read Our Latest Report on Winnebago Industries
About Winnebago Industries
Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.
In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.
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