Jump Financial LLC Buys 16,811 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Jump Financial LLC increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 26.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 79,600 shares of the construction company’s stock after purchasing an additional 16,811 shares during the period. Jump Financial LLC’s holdings in Winnebago Industries were worth $3,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC lifted its position in shares of Winnebago Industries by 3.6% during the third quarter. Sanctuary Advisors LLC now owns 7,065 shares of the construction company’s stock worth $416,000 after purchasing an additional 245 shares during the last quarter. Cascade Investment Advisors Inc. grew its stake in shares of Winnebago Industries by 1.7% during the fourth quarter. Cascade Investment Advisors Inc. now owns 22,898 shares of the construction company’s stock worth $1,094,000 after acquiring an additional 380 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Winnebago Industries by 270.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company’s stock worth $25,000 after buying an additional 390 shares during the last quarter. Swiss National Bank grew its stake in Winnebago Industries by 0.7% during the 4th quarter. Swiss National Bank now owns 56,900 shares of the construction company’s stock valued at $2,719,000 after purchasing an additional 400 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in Winnebago Industries by 9.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 5,713 shares of the construction company’s stock worth $273,000 after buying an additional 506 shares during the period.

Winnebago Industries Stock Down 1.0 %

Winnebago Industries stock opened at $29.69 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. The stock has a market capitalization of $832.06 million, a PE ratio of -44.98 and a beta of 1.49. The business has a 50 day simple moving average of $36.91 and a 200-day simple moving average of $48.05. Winnebago Industries, Inc. has a 12 month low of $28.29 and a 12 month high of $66.05.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Thursday, March 27th. The construction company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $620.20 million during 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 was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS. On average, analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio is presently -544.00%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on WGO shares. Truist Financial dropped their price objective on shares of Winnebago Industries from $50.00 to $38.00 and set a “buy” rating on the stock in a report on Monday. Baird R W downgraded Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. DA Davidson raised Winnebago Industries to a “hold” rating in a report on Monday. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Friday, April 11th. Finally, Robert W. Baird downgraded Winnebago Industries from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $50.00 to $38.00 in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Winnebago Industries presently has an average rating of “Hold” and an average target price of $52.67.

Insider Buying and Selling

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

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.