Winnebago Industries (NYSE:WGO) SVP Stacy Bogart Sells 14,146 Shares of Company Stock

Winnebago Industries, Inc. (NYSE:WGO) SVP Stacy Bogart sold 14,146 shares of the stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $33.73, for a total value of $477,144.58. Following the sale, the senior vice president owned 69,821 shares of the company’s stock, valued at approximately $2,355,062.33. This represents a 16.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Winnebago Industries Stock Performance

Winnebago Industries stock opened at $31.32 on Friday. Winnebago Industries, Inc. has a 52-week low of $21.95 and a 52-week high of $50.16. The firm has a market capitalization of $890.77 million, a P/E ratio of 25.89 and a beta of 1.21. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.17 and a quick ratio of 1.04. The stock has a fifty day moving average price of $27.60 and a two-hundred day moving average price of $32.46.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Tuesday, September 29th. The RV manufacturer reported $0.49 earnings per share (EPS) for the quarter. Winnebago Industries had a return on equity of 4.16% and a net margin of 1.28%. As a group, analysts anticipate that Winnebago Industries, Inc. will post 1.94 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were paid a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.44 dividend on an annualized basis and a yield of 4.6%. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s dividend payout ratio is 119.01%.

Hedge Funds Weigh In On Winnebago Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in shares of Winnebago Industries by 145.2% during the 3rd quarter. GAMMA Investing LLC now owns 954 shares of the RV manufacturer’s stock worth $25,000 after buying an additional 565 shares in the last quarter. Allworth Financial LP acquired a new stake in Winnebago Industries in the second quarter valued at approximately $33,000. Versant Capital Management Inc boosted its position in shares of Winnebago Industries by 365.6% in the 3rd quarter. Versant Capital Management Inc now owns 1,313 shares of the RV manufacturer’s stock worth $35,000 after buying an additional 1,031 shares in the last quarter. Jacobi Capital Management LLC acquired a new stake in shares of Winnebago Industries in the 3rd quarter valued at about $40,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Winnebago Industries during the second quarter valued at approximately $74,000.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WGO. Weiss Ratings lowered shares of Winnebago Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 14th. Seaport Research Partners assumed coverage on shares of Winnebago Industries in a research note on Monday, July 27th. They issued a “neutral” rating on the stock. Citigroup upped their price target on shares of Winnebago Industries from $24.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, October 22nd. Wall Street Zen lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Raymond James Financial reissued a “market perform” rating on shares of Winnebago Industries in a report on Wednesday, October 21st. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.00.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products. The company designs and produces motorhomes, travel trailers, fifth-wheel trailers and other outdoor recreation vehicles under brands including Winnebago, Grand Design, Newmar and Barletta.

Its marine operations produce boats and related products through brands such as Chris-Craft and Barletta. Winnebago’s portfolio serves consumers seeking products for travel, camping, boating and other outdoor recreational activities.

Founded in 1958, the company is headquartered in Forest City, Iowa.