Winnebago Industries, Inc. (NYSE:WGO) CFO Bryan L. Hughes Acquires 2,500 Shares

Winnebago Industries, Inc. (NYSE:WGO) CFO Bryan L. Hughes acquired 2,500 shares of Winnebago Industries stock in a transaction on Wednesday, March 27th. The shares were bought at an average price of $29.58 per share, with a total value of $73,950.00. Following the purchase, the chief financial officer now directly owns 19,288 shares in the company, valued at approximately $570,539.04. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

NYSE:WGO traded up $0.50 during trading hours on Friday, hitting $36.85. The company’s stock had a trading volume of 434,021 shares, compared to its average volume of 601,153. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.82 and a quick ratio of 0.93. Winnebago Industries, Inc. has a 52-week low of $19.77 and a 52-week high of $47.76. The firm has a market capitalization of $1.17 billion, a PE ratio of 11.70, a price-to-earnings-growth ratio of 0.48 and a beta of 1.48.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Monday, March 25th. The construction company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.12. Winnebago Industries had a net margin of 5.24% and a return on equity of 19.11%. The company had revenue of $432.70 million during the quarter, compared to the consensus estimate of $443.05 million. During the same quarter in the prior year, the firm posted $0.69 earnings per share. Winnebago Industries’s revenue for the quarter was down 7.6% on a year-over-year basis. As a group, equities analysts anticipate that Winnebago Industries, Inc. will post 3.53 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 17th. Stockholders of record on Wednesday, April 3rd were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, April 2nd. This represents a $0.44 annualized dividend and a dividend yield of 1.19%. Winnebago Industries’s dividend payout ratio (DPR) is 13.97%.

A number of research firms have commented on WGO. BMO Capital Markets decreased their price target on Winnebago Industries to $42.00 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Zacks Investment Research upgraded Winnebago Industries from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Saturday, February 9th. TheStreet raised Winnebago Industries from a “c+” rating to a “b-” rating in a research report on Monday, February 11th. ValuEngine raised Winnebago Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, February 23rd. Finally, Jefferies Financial Group assumed coverage on Winnebago Industries in a research report on Thursday, March 28th. They set a “hold” rating and a $31.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $38.83.

Several institutional investors and hedge funds have recently made changes to their positions in the company. LSV Asset Management lifted its position in Winnebago Industries by 0.8% in the fourth quarter. LSV Asset Management now owns 1,642,100 shares of the construction company’s stock valued at $39,755,000 after purchasing an additional 12,400 shares during the period. Virginia Retirement Systems ET AL lifted its position in Winnebago Industries by 11.4% in the fourth quarter. Virginia Retirement Systems ET AL now owns 45,900 shares of the construction company’s stock valued at $1,111,000 after purchasing an additional 4,700 shares during the period. IndexIQ Advisors LLC lifted its position in Winnebago Industries by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 60,459 shares of the construction company’s stock valued at $2,004,000 after purchasing an additional 2,283 shares during the period. Morgan Stanley lifted its position in Winnebago Industries by 61.2% in the third quarter. Morgan Stanley now owns 226,605 shares of the construction company’s stock valued at $7,511,000 after purchasing an additional 86,002 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Winnebago Industries in the third quarter valued at about $2,930,000. Institutional investors and hedge funds own 92.60% of the company’s stock.

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About Winnebago Industries

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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