New York State Teachers Retirement System boosted its stake in shares of Winnebago Industries (NYSE:WGO) by 3.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,282 shares of the construction company’s stock after buying an additional 2,800 shares during the period. New York State Teachers Retirement System owned 0.30% of Winnebago Industries worth $3,620,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. C M Bidwell & Associates Ltd. purchased a new stake in shares of Winnebago Industries during the 4th quarter worth about $120,000. Everence Capital Management Inc. purchased a new stake in shares of Winnebago Industries during the 4th quarter worth about $207,000. Glenmede Trust Co. NA boosted its stake in shares of Winnebago Industries by 57.6% during the 4th quarter. Glenmede Trust Co. NA now owns 3,941 shares of the construction company’s stock worth $218,000 after acquiring an additional 1,440 shares in the last quarter. Amalgamated Bank purchased a new stake in shares of Winnebago Industries during the 4th quarter worth about $255,000. Finally, Edge Wealth Management LLC purchased a new stake in shares of Winnebago Industries during the 4th quarter worth about $278,000. Institutional investors own 87.88% of the company’s stock.
WGO has been the topic of a number of research reports. SunTrust Banks raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research note on Friday, March 16th. Stifel Nicolaus set a $44.00 price target on shares of Winnebago Industries and gave the company a “hold” rating in a research note on Monday, May 7th. Northcoast Research reiterated a “hold” rating on shares of Winnebago Industries in a report on Tuesday, February 27th. Zacks Investment Research downgraded shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, March 23rd. Finally, BMO Capital Markets upgraded shares of Winnebago Industries from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $58.00 to $60.00 in a report on Tuesday, February 27th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Winnebago Industries presently has a consensus rating of “Buy” and a consensus price target of $53.40.
Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, March 21st. The construction company reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.03). Winnebago Industries had a net margin of 4.56% and a return on equity of 21.72%. The business had revenue of $468.40 million during the quarter, compared to analysts’ expectations of $445.88 million. During the same period in the prior year, the business earned $0.48 EPS. The business’s quarterly revenue was up 26.4% on a year-over-year basis. sell-side analysts expect that Winnebago Industries will post 3.12 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 25th. Stockholders of record on Wednesday, April 11th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, April 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.04%. Winnebago Industries’s dividend payout ratio (DPR) is currently 11.94%.
Winnebago Industries Profile
Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.
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