Polaris Capital Management LLC Boosts Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Polaris Capital Management LLC grew its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 47.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,467 shares of the construction company’s stock after acquiring an additional 11,700 shares during the quarter. Polaris Capital Management LLC’s holdings in Winnebago Industries were worth $1,742,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in WGO. GAMMA Investing LLC raised its position in Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock valued at $27,000 after purchasing an additional 316 shares during the period. Sound Income Strategies LLC grew its holdings in Winnebago Industries by 69.1% during the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after purchasing an additional 286 shares in the last quarter. R Squared Ltd purchased a new stake in Winnebago Industries during the 4th quarter worth $43,000. Quarry LP lifted its holdings in Winnebago Industries by 4,038.1% in the 3rd quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after buying an additional 848 shares in the last quarter. Finally, KBC Group NV boosted its position in Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock valued at $72,000 after buying an additional 587 shares during the last quarter.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $45.03 on Tuesday. Winnebago Industries, Inc. has a 12-month low of $44.11 and a 12-month high of $74.10. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The stock has a 50 day simple moving average of $49.68 and a 200-day simple moving average of $55.18.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. During the same period in the previous year, the company posted $1.06 EPS. The company’s revenue for the quarter was down 18.0% compared to the same quarter last year. On average, equities analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.02%. Winnebago Industries’s dividend payout ratio is presently -206.06%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Benchmark restated a “buy” rating and set a $70.00 price objective on shares of Winnebago Industries in a report on Monday, December 23rd. Northcoast Research raised Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective for the company in a report on Monday, November 11th. BMO Capital Markets reduced their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. DA Davidson lowered their price target on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Tuesday, December 24th. Finally, Robert W. Baird reduced their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Winnebago Industries Company Profile

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.