Wilmington Savings Fund Society FSB Acquires New Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Wilmington Savings Fund Society FSB bought a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,735 shares of the construction company’s stock, valued at approximately $333,000.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Winnebago Industries by 222.5% in the 3rd 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 last quarter. Sound Income Strategies LLC raised its position in 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 purchasing an additional 286 shares during the period. Innealta Capital LLC purchased a new stake in Winnebago Industries in the second quarter valued at approximately $45,000. Quarry LP lifted its stake in Winnebago Industries by 4,038.1% during the third quarter. Quarry LP now owns 869 shares of the construction company’s stock worth $50,000 after purchasing an additional 848 shares in the last quarter. Finally, nVerses Capital LLC purchased a new position in shares of Winnebago Industries during the second quarter worth $76,000.

Insider Activity at Winnebago Industries

In other news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $56.64, for a total value of $690,271.68. Following the transaction, the senior vice president now owns 23,728 shares in the company, valued at approximately $1,343,953.92. This represents a 33.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William C. Fisher bought 2,000 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the transaction, the director now directly owns 32,267 shares in the company, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by corporate insiders.

Winnebago Industries Stock Down 1.4 %

Shares of NYSE:WGO opened at $54.65 on Tuesday. Winnebago Industries, Inc. has a fifty-two week low of $49.68 and a fifty-two week high of $75.42. The firm’s 50 day moving average price is $58.10 and its 200 day moving average price is $57.51. The company has a quick ratio of 1.36, a current ratio of 2.44 and a debt-to-equity ratio of 0.50. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 182.17 and a beta of 1.60.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61). The firm had revenue of $720.90 million during the quarter, compared to analysts’ expectations of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The company’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.59 earnings per share. As a group, equities research analysts predict that Winnebago Industries, Inc. will post 3.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on WGO shares. Benchmark cut their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Robert W. Baird reduced their price target on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. StockNews.com cut shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. BMO Capital Markets reduced their target price on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Finally, Northcoast Research upgraded shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $68.13.

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.