Fox Run Management L.L.C. bought a new position in shares of Winnebago Industries, Inc. (NYSE:WGO – Free Report) during the third quarter, HoldingsChannel.com reports. The firm bought 32,683 shares of the RV manufacturer’s stock, valued at approximately $1,093,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Winnebago Industries by 825.4% in the third quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock valued at $40,000 after buying an additional 1,073 shares during the period. State of Wyoming increased its stake in 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 Winnebago Industries in the 2nd quarter valued at $100,000. Jones Financial Companies Lllp raised its holdings in Winnebago Industries by 261.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,588 shares of the RV manufacturer’s stock valued at $124,000 after acquiring an additional 2,595 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted 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 period.
Winnebago Industries Stock Down 4.0%
WGO stock opened at $42.21 on Thursday. The stock has a market capitalization of $1.19 billion, a P/E ratio of 32.98 and a beta of 1.12. The company has a current ratio of 2.69, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a 12 month low of $28.00 and a 12 month high of $50.16. The firm has a 50-day moving average price of $45.11 and a 200-day moving average price of $38.66.
Winnebago Industries Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, January 14th. This represents a $1.40 annualized dividend and a dividend yield of 3.3%. Winnebago Industries’s dividend payout ratio is 109.38%.
Analyst Ratings Changes
A number of research firms recently commented on WGO. Loop Capital assumed coverage on Winnebago Industries in a research note on Friday, October 31st. They issued a “hold” rating and a $40.00 price target for the company. Griffin Securities set a $40.00 target price on shares of Winnebago Industries in a report on Tuesday, December 23rd. Roth Mkm boosted their target price on shares of Winnebago Industries from $36.00 to $42.00 and gave the company a “neutral” rating in a research report on Monday, December 22nd. Truist Financial upped their price target on shares of Winnebago Industries from $46.00 to $47.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, BMO Capital Markets lifted their price objective on shares of Winnebago Industries from $45.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Winnebago Industries currently has an average rating of “Hold” and a consensus target price of $42.80.
Winnebago Industries Profile
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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