Signal Advisors Wealth LLC Purchases 732 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Signal Advisors Wealth LLC increased its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,713 shares of the construction company’s stock after acquiring an additional 732 shares during the quarter. Signal Advisors Wealth LLC owned about 0.07% of Winnebago Industries worth $942,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock valued at $27,000 after purchasing an additional 316 shares during the period. Sound Income Strategies LLC raised its stake in shares of Winnebago Industries by 69.1% during the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock worth $41,000 after buying an additional 286 shares during the last quarter. Quarry LP lifted its holdings in 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 buying an additional 848 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in Winnebago Industries by 196.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company’s stock valued at $86,000 after buying an additional 989 shares during the period. Finally, Systematic Financial Management LP bought a new position in Winnebago Industries in the third quarter valued at approximately $152,000.

Winnebago Industries Price Performance

NYSE WGO opened at $47.52 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 158.41 and a beta of 1.62. The business has a 50 day simple moving average of $54.75 and a 200 day simple moving average of $56.32. Winnebago Industries, Inc. has a 52-week low of $45.44 and a 52-week high of $74.10.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.23). Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The company had revenue of $625.60 million during the quarter, compared to analyst estimates of $672.23 million. During the same quarter last year, the company earned $1.06 EPS. The firm’s quarterly revenue was down 18.0% compared to the same quarter last year. Analysts anticipate that Winnebago Industries, Inc. will post 3.52 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Wednesday, January 15th. Winnebago Industries’s dividend payout ratio is -206.06%.

Insider Activity

In other Winnebago Industries news, CEO Michael J. Happe acquired 2,500 shares of the stock in a transaction dated Tuesday, October 29th. The shares were bought at an average cost of $55.52 per share, for a total transaction of $138,800.00. Following the completion of the acquisition, the chief executive officer now directly owns 285,953 shares of the company’s stock, valued at approximately $15,876,110.56. This trade represents a 0.88 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Bret A. Woodson sold 12,187 shares of the business’s 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 directly owns 23,728 shares in the company, valued at approximately $1,343,953.92. This represents a 33.93 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on WGO. Northcoast Research upgraded 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. Robert W. Baird dropped their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. DA Davidson reduced their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday, December 24th. BMO Capital Markets lowered their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $64.78.

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 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.