Teton Advisors Inc. Has $932,000 Stock Position in Winnebago Industries, Inc. (NYSE:WGO)

Teton Advisors Inc. decreased its stake in Winnebago Industries, Inc. (NYSE:WGO) by 2.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,500 shares of the construction company’s stock after selling 500 shares during the quarter. Teton Advisors Inc.’s holdings in Winnebago Industries were worth $932,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WGO. Wellington Management Group LLP acquired a new stake in Winnebago Industries in the third quarter valued at approximately $7,750,000. JPMorgan Chase & Co. boosted its holdings in Winnebago Industries by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock worth $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Inspire Investing LLC acquired a new position in Winnebago Industries during the fourth quarter worth $399,000. Prescott Group Capital Management L.L.C. acquired a new stake in shares of Winnebago Industries in the fourth quarter worth about $1,433,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of Winnebago Industries during the 4th quarter worth about $632,000.

Winnebago Industries Trading Down 0.1 %

Shares of NYSE:WGO opened at $31.09 on Tuesday. The company’s fifty day simple moving average is $37.51 and its 200 day simple moving average is $48.31. The firm has a market cap of $871.30 million, a price-to-earnings ratio of -47.11 and a beta of 1.49. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 12 month low of $28.29 and a 12 month high of $66.05.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. The business had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. As a group, research analysts forecast that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s payout ratio is presently -544.00%.

Insider Activity at Winnebago Industries

In related news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,612.96. Following the sale, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kevin E. Bryant bought 4,200 shares of the business’s stock in a transaction dated Monday, March 31st. The shares were bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the completion of the transaction, the director now owns 13,755 shares in the company, valued at approximately $469,320.60. This trade represents a 43.96 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WGO. Robert W. Baird lowered Winnebago Industries from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $50.00 to $38.00 in a report on Friday, April 4th. Baird R W downgraded shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Citigroup decreased their price target on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, March 19th. BMO Capital Markets cut their price objective on Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, March 28th. Finally, Truist Financial lowered their target price on Winnebago Industries from $50.00 to $38.00 and set a “buy” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $52.67.

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.