Jane Street Group LLC Acquires New Position in Winnebago Industries, Inc. (NYSE:WGO)

Jane Street Group LLC acquired a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 68,088 shares of the construction company’s stock, valued at approximately $2,632,000. Jane Street Group LLC owned approximately 0.22% of Winnebago Industries as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NEXT Financial Group Inc purchased a new position in Winnebago Industries during the second quarter valued at approximately $42,000. Advisory Services Network LLC bought a new stake in Winnebago Industries in the second quarter worth approximately $144,000. GSA Capital Partners LLP bought a new stake in Winnebago Industries in the second quarter worth approximately $226,000. Xact Kapitalforvaltning AB bought a new stake in Winnebago Industries in the second quarter worth approximately $230,000. Finally, LPL Financial LLC bought a new stake in Winnebago Industries in the second quarter worth approximately $260,000. 95.69% of the stock is currently owned by hedge funds and other institutional investors.

WGO stock opened at $37.55 on Wednesday. The firm has a 50 day moving average of $34.66 and a two-hundred day moving average of $35.17. The company has a quick ratio of 0.98, a current ratio of 1.91 and a debt-to-equity ratio of 0.42. Winnebago Industries, Inc. has a 12 month low of $19.77 and a 12 month high of $42.08. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 0.46 and a beta of 1.66.



The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, September 10th. Winnebago Industries’s payout ratio is 13.97%.

Several analysts have commented on WGO shares. Sidoti decreased their target price on shares of Winnebago Industries from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Friday, September 6th. Robert W. Baird set a $42.00 target price on shares of Winnebago Industries and gave the stock a “buy” rating in a research report on Tuesday, September 17th. BMO Capital Markets boosted their target price on shares of Winnebago Industries to $46.00 and gave the stock an “outperform” rating in a research report on Friday, June 21st. SunTrust Banks boosted their target price on shares of Winnebago Industries to $48.00 and gave the stock a “buy” rating in a research report on Thursday, June 20th. Finally, ValuEngine raised shares of Winnebago Industries from a “strong sell” rating to a “sell” rating in a research report on Monday, September 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $42.00.

Winnebago Industries 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 in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.

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Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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