Schwab Charles Investment Management Inc. increased its stake in Winnebago Industries, Inc. (NYSE:WGO) by 5.4% during the first quarter, Holdings Channel reports. The institutional investor owned 120,340 shares of the construction company’s stock after buying an additional 6,126 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Winnebago Industries were worth $3,520,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC increased its position in Winnebago Industries by 33.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,689 shares of the construction company’s stock valued at $137,000 after buying an additional 1,165 shares in the last quarter. Barnett & Company Inc. bought a new position in Winnebago Industries during the first quarter valued at approximately $165,000. Mason Street Advisors LLC increased its position in Winnebago Industries by 7.3% in the first quarter. Mason Street Advisors LLC now owns 6,204 shares of the construction company’s stock valued at $181,000 after buying an additional 424 shares in the last quarter. Palouse Capital Management Inc. increased its position in Winnebago Industries by 0.9% in the first quarter. Palouse Capital Management Inc. now owns 7,410 shares of the construction company’s stock valued at $217,000 after buying an additional 64 shares in the last quarter. Finally, Stevens Capital Management LP bought a new position in Winnebago Industries during the first quarter valued at approximately $248,000. Hedge funds and other institutional investors own 79.58% of the company’s stock.

Shares of Winnebago Industries, Inc. (NYSE WGO) traded down 0.369% on Friday, reaching $33.775. The company had a trading volume of 129,022 shares. The stock’s 50 day moving average is $35.18 and its 200 day moving average is $30.88. Winnebago Industries, Inc. has a 52 week low of $22.11 and a 52 week high of $39.30. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 16.871 and a beta of 1.98.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 26th. Investors of record on Wednesday, July 12th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Monday, July 10th. Winnebago Industries’s payout ratio is 20.00%.

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Several research analysts have recently commented on the company. BidaskClub downgraded Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 10th. BMO Capital Markets reiterated a “market perform” rating and issued a $34.00 price objective (up previously from $29.00) on shares of Winnebago Industries in a report on Thursday, June 22nd. CL King assumed coverage on Winnebago Industries in a report on Monday, April 24th. They issued a “buy” rating and a $32.00 price objective on the stock. Finally, Stifel Nicolaus assumed coverage on Winnebago Industries in a report on Thursday, July 6th. They issued a “buy” rating and a $40.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $34.83.

About Winnebago Industries

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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