Headlands Technologies LLC Increases Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Headlands Technologies LLC grew its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 129.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,029 shares of the construction company’s stock after purchasing an additional 1,143 shares during the period. Headlands Technologies LLC’s holdings in Winnebago Industries were worth $97,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its stake in Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock valued at $25,000 after buying an additional 390 shares during the last quarter. Quarry LP grew its holdings in shares of Winnebago Industries by 4,038.1% in the third quarter. Quarry LP now owns 869 shares of the construction company’s stock valued at $50,000 after purchasing an additional 848 shares in the last quarter. R Squared Ltd bought a new stake in Winnebago Industries in the fourth quarter worth $43,000. KBC Group NV raised its stake in Winnebago Industries by 64.5% during the fourth quarter. KBC Group NV now owns 1,497 shares of the construction company’s stock valued at $72,000 after purchasing an additional 587 shares in the last quarter. Finally, FMR LLC lifted its position in Winnebago Industries by 76.0% during the third quarter. FMR LLC now owns 3,623 shares of the construction company’s stock valued at $211,000 after purchasing an additional 1,565 shares during the last quarter.

Winnebago Industries Trading Down 0.1 %

WGO stock opened at $32.83 on Monday. Winnebago Industries, Inc. has a 12 month low of $30.61 and a 12 month high of $71.31. The firm’s 50-day moving average is $40.08 and its 200 day moving average is $49.76. The company has a market capitalization of $920.09 million, a PE ratio of -49.74 and a beta of 1.49. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. The business had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same period last year, the company posted $0.93 earnings per share. On average, research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s payout ratio is -544.00%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WGO. Truist Financial decreased their target price on shares of Winnebago Industries from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, March 28th. Robert W. Baird lowered Winnebago Industries from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $50.00 to $38.00 in a research note on Friday. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a report on Wednesday, April 2nd. Citigroup decreased their price target on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a report on Wednesday, March 19th. Finally, DA Davidson dropped their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Winnebago Industries presently has an average rating of “Moderate Buy” and an average target price of $54.00.

Insider Transactions at Winnebago Industries

In other news, Director Jacqueline D. Woods sold 1,503 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the sale, the director now owns 10,985 shares of the company’s stock, valued at approximately $486,855.20. This represents a 12.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kevin E. Bryant acquired 4,200 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were acquired at an average cost of $34.12 per share, for a total transaction of $143,304.00. Following the completion of the acquisition, the director now owns 13,755 shares of the company’s stock, valued at $469,320.60. This trade represents a 43.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 4.63% of the company’s stock.

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.