Russell Investments Group Ltd. Has $1.61 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

Russell Investments Group Ltd. boosted its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 22.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,109 shares of the construction company’s stock after buying an additional 4,123 shares during the period. Russell Investments Group Ltd. owned about 0.08% of Winnebago Industries worth $1,611,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Broad Peak Investment Holdings Ltd. lifted its holdings in shares of Winnebago Industries by 108.2% during the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock valued at $53,325,000 after acquiring an additional 380,200 shares during the period. Louisiana State Employees Retirement System bought a new position in shares of Winnebago Industries during the fourth quarter valued at $1,093,000. IFG Advisory LLC lifted its holdings in shares of Winnebago Industries by 68.2% during the fourth quarter. IFG Advisory LLC now owns 65,789 shares of the construction company’s stock valued at $4,795,000 after acquiring an additional 26,669 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in shares of Winnebago Industries during the third quarter valued at $1,452,000. Finally, Pacer Advisors Inc. lifted its holdings in shares of Winnebago Industries by 44.7% during the fourth quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after acquiring an additional 208,452 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Roth Mkm reissued a “neutral” rating and set a $70.00 price objective on shares of Winnebago Industries in a report on Thursday, March 21st. DA Davidson lifted their price target on Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a report on Tuesday, March 26th. Finally, StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Winnebago Industries presently has an average rating of “Moderate Buy” and a consensus price target of $71.80.

Winnebago Industries Stock Performance

Shares of NYSE:WGO opened at $62.33 on Friday. The stock has a market capitalization of $1.82 billion, a P/E ratio of 18.66 and a beta of 1.72. Winnebago Industries, Inc. has a 1-year low of $54.71 and a 1-year high of $75.42. The company has a current ratio of 2.84, a quick ratio of 1.52 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average price of $65.56 and a two-hundred day moving average price of $67.03.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $703.60 million during the quarter, compared to analysts’ expectations of $692.63 million. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. Equities analysts predict that Winnebago Industries, Inc. will post 5.15 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be issued a dividend of $0.31 per share. The ex-dividend date is Wednesday, June 12th. This represents a $1.24 annualized dividend and a yield of 1.99%. Winnebago Industries’s dividend payout ratio is currently 37.13%.

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.