State of Alaska Department of Revenue increased its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 78.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,233 shares of the construction company’s stock after buying an additional 2,303 shares during the period. State of Alaska Department of Revenue’s holdings in Winnebago Industries were worth $183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Guggenheim Capital LLC bought a new position in shares of Winnebago Industries during the fourth quarter worth about $1,321,000. Norges Bank bought a new position in shares of Winnebago Industries during the fourth quarter worth about $12,541,000. Quadrature Capital Ltd bought a new position in shares of Winnebago Industries during the fourth quarter worth about $378,000. Teachers Advisors LLC boosted its position in shares of Winnebago Industries by 3.6% in the fourth quarter. Teachers Advisors LLC now owns 43,376 shares of the construction company’s stock worth $1,373,000 after buying an additional 1,511 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in shares of Winnebago Industries by 1.9% in the first quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the construction company’s stock worth $316,000 after buying an additional 200 shares during the last quarter. 77.66% of the stock is owned by institutional investors.

Winnebago Industries, Inc. (NYSE:WGO) traded up 0.488% on Monday, hitting $36.025. The company had a trading volume of 120,388 shares. The firm has a market capitalization of $1.14 billion, a PE ratio of 17.995 and a beta of 1.98. The firm has a 50-day moving average price of $34.13 and a 200-day moving average price of $30.59. Winnebago Industries, Inc. has a 12-month low of $22.11 and a 12-month high of $39.30.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Wednesday, June 21st. The construction company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.22. The business had revenue of $476.40 million for the quarter, compared to analyst estimates of $440.94 million. Winnebago Industries had a return on equity of 20.01% and a net margin of 4.39%. Winnebago Industries’s revenue was up 75.1% compared to the same quarter last year. During the same period last year, the firm posted $0.53 earnings per share. On average, equities research analysts anticipate that Winnebago Industries, Inc. will post $2.23 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 26th. Investors of record on Wednesday, July 12th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Monday, July 10th. Winnebago Industries’s dividend payout ratio (DPR) is presently 20.00%.

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WGO has been the subject of a number of analyst reports. CL King initiated coverage on Winnebago Industries in a report on Monday, April 24th. They set a “buy” rating and a $32.00 price objective for the company. BMO Capital Markets reissued a “market perform” rating and set a $34.00 price objective (up from $29.00) on shares of Winnebago Industries in a report on Thursday, June 22nd. BidaskClub raised Winnebago Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 1st. Finally, Stifel Nicolaus initiated coverage on Winnebago Industries in a report on Thursday, July 6th. They set a “buy” rating and a $40.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $34.83.

In other Winnebago Industries news, Director Christopher J. Braun acquired 5,000 shares of Winnebago Industries stock in a transaction that occurred on Friday, May 12th. The shares were acquired at an average cost of $27.72 per share, with a total value of $138,600.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.50% of the company’s stock.

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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