Schwab Charles Investment Management Inc. boosted its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 8.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 230,573 shares of the construction company’s stock after purchasing an additional 17,780 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in Winnebago Industries were worth $9,362,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Asset Management One Co. Ltd. acquired a new position in Winnebago Industries during the first quarter worth about $138,000. SG Americas Securities LLC acquired a new position in Winnebago Industries during the first quarter worth about $145,000. Robeco Institutional Asset Management B.V. acquired a new position in Winnebago Industries during the first quarter worth about $168,000. Amalgamated Bank acquired a new position in Winnebago Industries during the second quarter worth about $204,000. Finally, Xact Kapitalforvaltning AB acquired a new position in Winnebago Industries during the second quarter worth about $217,000. Institutional investors own 88.14% of the company’s stock.

Several brokerages have weighed in on WGO. ValuEngine lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Monday, August 13th. Zacks Investment Research upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Friday, August 31st. Stifel Nicolaus restated a “hold” rating and set a $44.00 target price on shares of Winnebago Industries in a research report on Monday, June 4th. Finally, Northcoast Research restated a “buy” rating on shares of Winnebago Industries in a research report on Friday, August 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. Winnebago Industries presently has an average rating of “Hold” and an average price target of $53.60.

Shares of WGO opened at $35.35 on Tuesday. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 10.55 and a beta of 1.67. Winnebago Industries, Inc. has a twelve month low of $34.30 and a twelve month high of $58.65. The company has a current ratio of 1.96, a quick ratio of 1.03 and a debt-to-equity ratio of 0.50.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 26th. Stockholders of record on Wednesday, September 12th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 1.13%. Winnebago Industries’s dividend payout ratio is presently 11.94%.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. It operates through two segments, Motorized and Towable. The company manufactures motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support various other lifestyles under the Winnebago brand.

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

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