Aviance Capital Partners LLC Has $1.33 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

Aviance Capital Partners LLC lessened its stake in Winnebago Industries, Inc. (NYSE:WGO) by 4.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 18,289 shares of the construction company’s stock after selling 775 shares during the period. Aviance Capital Partners LLC’s holdings in Winnebago Industries were worth $1,333,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Broad Peak Investment Holdings Ltd. grew its position in Winnebago Industries by 108.2% in the 4th quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock worth $53,325,000 after purchasing an additional 380,200 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Winnebago Industries by 44.7% during the fourth quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock worth $49,212,000 after purchasing an additional 208,452 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Winnebago Industries by 470.7% in the 3rd quarter. Stifel Financial Corp now owns 69,972 shares of the construction company’s stock worth $4,161,000 after buying an additional 57,711 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Winnebago Industries by 179.2% during the third quarter. Qube Research & Technologies Ltd now owns 81,466 shares of the construction company’s stock valued at $4,843,000 after purchasing an additional 52,286 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Winnebago Industries by 10.9% in the third quarter. American Century Companies Inc. now owns 471,203 shares of the construction company’s stock worth $28,013,000 after buying an additional 46,325 shares in the last quarter.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded down $0.51 during trading hours on Monday, hitting $62.24. The company’s stock had a trading volume of 468,684 shares, compared to its average volume of 585,394. The company has a market cap of $1.82 billion, a PE ratio of 18.63 and a beta of 1.72. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.52 and a current ratio of 2.84. The business has a 50 day moving average price of $66.47 and a two-hundred day moving average price of $66.85. Winnebago Industries, Inc. has a 12-month low of $54.70 and a 12-month high of $75.42.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The firm had revenue of $703.60 million for the quarter, compared to analysts’ expectations of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. Analysts expect that Winnebago Industries, Inc. will post 5.15 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th were issued a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, April 9th. This represents a $1.24 annualized dividend and a dividend yield of 1.99%. Winnebago Industries’s dividend payout ratio (DPR) is 37.13%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WGO. Roth Mkm restated a “neutral” rating and issued a $70.00 price objective on shares of Winnebago Industries in a research report on Thursday, March 21st. StockNews.com raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Finally, DA Davidson increased their target price on Winnebago Industries from $64.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 26th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $71.80.

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 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.