Winnebago Industries, Inc. (NYSE:WGO) Holdings Lifted by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 7,188.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,932 shares of the construction company’s stock after acquiring an additional 10,782 shares during the period. International Assets Investment Management LLC’s holdings in Winnebago Industries were worth $797,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Broad Peak Investment Holdings Ltd. lifted its position in shares of Winnebago Industries by 108.2% in the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock worth $53,325,000 after purchasing an additional 380,200 shares in the last quarter. IFG Advisory LLC lifted its position in Winnebago Industries by 68.2% in the 4th quarter. IFG Advisory LLC now owns 65,789 shares of the construction company’s stock worth $4,795,000 after buying an additional 26,669 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Winnebago Industries by 44.7% during the 4th quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after buying an additional 208,452 shares during the period. Vest Financial LLC purchased a new position in shares of Winnebago Industries during the 4th quarter valued at $239,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Winnebago Industries by 45.6% in the fourth quarter. Harbor Capital Advisors Inc. now owns 8,227 shares of the construction company’s stock worth $600,000 after acquiring an additional 2,576 shares during the last quarter.

Winnebago Industries Trading Up 2.0 %

Winnebago Industries stock opened at $64.97 on Wednesday. Winnebago Industries, Inc. has a one year low of $54.70 and a one year high of $75.42. The company’s fifty day moving average price is $67.74 and its two-hundred day moving average price is $66.54. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.84 and a quick ratio of 1.52. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 19.45 and a beta of 1.71.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. The business had revenue of $703.60 million for the quarter, compared to analyst estimates of $692.63 million. On average, analysts forecast that Winnebago Industries, Inc. will post 5.15 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, April 24th. Stockholders of record on Wednesday, April 10th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Tuesday, April 9th. Winnebago Industries’s dividend payout ratio is 37.13%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WGO. Roth Mkm reissued a “neutral” rating and set a $70.00 price objective on shares of Winnebago Industries in a research report on Thursday, March 21st. StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Saturday, April 13th. Finally, DA Davidson boosted their price target on Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, March 26th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $71.80.

About Winnebago Industries

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.