Dimensional Fund Advisors LP Sells 37,780 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Dimensional Fund Advisors LP lessened its position in Winnebago Industries, Inc. (NYSE:WGO) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,013,597 shares of the construction company’s stock after selling 37,780 shares during the quarter. Dimensional Fund Advisors LP owned 7.09% of Winnebago Industries worth $96,206,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Winnebago Industries by 25.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock worth $49,714,000 after acquiring an additional 173,274 shares during the last quarter. Inspire Investing LLC bought a new stake in shares of Winnebago Industries in the 4th quarter worth about $399,000. Prescott Group Capital Management L.L.C. bought a new stake in shares of Winnebago Industries in the 4th quarter worth about $1,433,000. Proficio Capital Partners LLC bought a new stake in shares of Winnebago Industries in the 4th quarter worth about $632,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Winnebago Industries by 8.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company’s stock worth $29,889,000 after acquiring an additional 50,634 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on WGO. Benchmark decreased their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, April 1st. Baird R W lowered shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. KeyCorp decreased their price objective on shares of Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Thursday, April 24th. Finally, Citigroup cut their target price on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Winnebago Industries presently has an average rating of “Hold” and a consensus target price of $51.89.

Winnebago Industries Stock Down 2.1 %

Shares of Winnebago Industries stock opened at $32.05 on Tuesday. The firm’s 50 day moving average price is $34.84 and its 200-day moving average price is $46.49. 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 52-week low of $28.29 and a 52-week high of $66.05. The company has a market cap of $898.20 million, a P/E ratio of -48.56 and a beta of 1.49.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The company’s quarterly 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, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 4.24%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s payout ratio is -544.00%.

Insider Activity at Winnebago Industries

In related news, Director Kevin E. Bryant purchased 4,200 shares of the business’s stock in a transaction on Monday, March 31st. The shares were bought at an average cost of $34.12 per share, with a total value of $143,304.00. Following the transaction, the director now owns 13,755 shares of the company’s stock, valued at approximately $469,320.60. This trade represents a 43.96 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction dated 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 directly owns 10,985 shares in the company, valued at $486,855.20. This represents 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 owned by insiders.

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.