Barclays PLC Has $2.88 Million Stake in Winnebago Industries, Inc. (NYSE:WGO)

Barclays PLC cut its stake in Winnebago Industries, Inc. (NYSE:WGO) by 32.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,572 shares of the construction company’s stock after selling 24,083 shares during the quarter. Barclays PLC’s holdings in Winnebago Industries were worth $2,881,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Louisiana State Employees Retirement System grew its position in Winnebago Industries by 1.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 14,700 shares of the construction company’s stock worth $797,000 after purchasing an additional 200 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Winnebago Industries by 69.1% in the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after acquiring an additional 286 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Winnebago Industries by 5.0% during the second quarter. Commonwealth Equity Services LLC now owns 6,143 shares of the construction company’s stock valued at $333,000 after acquiring an additional 294 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Winnebago Industries by 222.5% during the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock worth $27,000 after acquiring an additional 316 shares during the period. Finally, Lakewood Asset Management LLC boosted its position in Winnebago Industries by 7.1% in the third quarter. Lakewood Asset Management LLC now owns 5,378 shares of the construction company’s stock worth $313,000 after purchasing an additional 355 shares during the last quarter.

Winnebago Industries Price Performance

Winnebago Industries stock opened at $47.89 on Wednesday. The firm has a market capitalization of $1.38 billion, a P/E ratio of 159.64 and a beta of 1.60. Winnebago Industries, Inc. has a one year low of $47.10 and a one year high of $74.61. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The business has a fifty day moving average price of $57.26 and a 200-day moving average price of $57.09.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). The company had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The firm’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.06 EPS. As a group, equities research analysts forecast that Winnebago Industries, Inc. will post 3.52 EPS for the current year.

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Wednesday, January 15th. Winnebago Industries’s dividend payout ratio (DPR) is presently -206.06%.

Insiders Place Their Bets

In related news, SVP Bret A. Woodson sold 12,187 shares of Winnebago Industries stock in a transaction on Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 33.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William C. Fisher bought 2,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was acquired at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now directly owns 32,267 shares in the company, valued at approximately $1,768,554.27. The trade was a 6.61 % 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Robert W. Baird lowered their target price 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. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a research report on Monday, November 11th. DA Davidson lowered their price target on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday. BMO Capital Markets reduced their price objective on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Finally, Truist Financial decreased their target price on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.63.

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.