Virginia Retirement Systems ET AL reduced its stake in Winnebago Industries, Inc. (NYSE:WGO) by 32.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,300 shares of the construction company’s stock after selling 16,900 shares during the quarter. Virginia Retirement Systems ET AL owned 0.11% of Winnebago Industries worth $1,580,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WGO. Teachers Advisors LLC lifted its position in Winnebago Industries by 3.5% during the 1st quarter. Teachers Advisors LLC now owns 44,895 shares of the construction company’s stock worth $1,313,000 after buying an additional 1,519 shares in the last quarter. Vanguard Group Inc. lifted its position in Winnebago Industries by 10.0% during the 1st quarter. Vanguard Group Inc. now owns 1,469,787 shares of the construction company’s stock worth $42,991,000 after buying an additional 133,676 shares in the last quarter. Geode Capital Management LLC lifted its position in Winnebago Industries by 3.0% during the 1st quarter. Geode Capital Management LLC now owns 196,675 shares of the construction company’s stock worth $5,752,000 after buying an additional 5,782 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in Winnebago Industries by 5.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 120,340 shares of the construction company’s stock worth $3,520,000 after buying an additional 6,126 shares in the last quarter. Finally, State Street Corp lifted its position in Winnebago Industries by 5.4% during the 1st quarter. State Street Corp now owns 638,509 shares of the construction company’s stock worth $18,678,000 after buying an additional 32,448 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have commented on WGO. BMO Capital Markets reissued a “hold” rating and set a $34.00 price target on shares of Winnebago Industries in a research report on Friday, September 1st. Robert W. Baird restated an “outperform” rating and set a $48.00 price objective (up from $38.00) on shares of Winnebago Industries in a research note on Friday, October 20th. Zacks Investment Research upgraded shares of Winnebago Industries from a “hold” rating to a “strong-buy” rating and set a $53.00 price objective on the stock in a research note on Thursday, October 5th. ValuEngine lowered shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Finally, SunTrust Banks restated a “hold” rating and set a $45.00 price objective on shares of Winnebago Industries in a research note on Friday, October 20th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $46.17.

Winnebago Industries, Inc. (NYSE WGO) traded down $0.95 during trading on Thursday, hitting $53.10. 330,400 shares of the stock traded hands, compared to its average volume of 512,461. The firm has a market cap of $1,719.16, a price-to-earnings ratio of 18.38 and a beta of 2.06. Winnebago Industries, Inc. has a one year low of $24.15 and a one year high of $55.90. The company has a quick ratio of 1.03, a current ratio of 1.88 and a debt-to-equity ratio of 0.62.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Thursday, October 19th. The construction company reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.09. Winnebago Industries had a net margin of 4.61% and a return on equity of 21.92%. The business had revenue of $454.90 million for the quarter, compared to analyst estimates of $444.50 million. During the same quarter in the prior year, the business earned $0.49 EPS. Winnebago Industries’s quarterly revenue was up 72.8% on a year-over-year basis. sell-side analysts anticipate that Winnebago Industries, Inc. will post 2.88 earnings per share for the current fiscal year.

Winnebago Industries declared that its Board of Directors has approved a share buyback plan on Thursday, October 19th that authorizes the company to repurchase $70.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.40 dividend on an annualized basis and a yield of 0.75%. Winnebago Industries’s dividend payout ratio (DPR) is currently 17.39%.

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Winnebago Industries Company Profile

Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.

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Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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