Savvy Advisors Inc. Acquires New Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Savvy Advisors Inc. bought a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,624 shares of the construction company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WGO. Louisiana State Employees Retirement System boosted its holdings in shares of Winnebago Industries by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 14,700 shares of the construction company’s stock worth $797,000 after buying an additional 200 shares during the period. ProShare Advisors LLC lifted its position in Winnebago Industries by 5.0% during the 1st quarter. ProShare Advisors LLC now owns 5,744 shares of the construction company’s stock worth $425,000 after acquiring an additional 274 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Winnebago Industries by 69.1% during the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after acquiring an additional 286 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Winnebago Industries by 5.0% in the second quarter. Commonwealth Equity Services LLC now owns 6,143 shares of the construction company’s stock valued at $333,000 after purchasing an additional 294 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock worth $27,000 after purchasing an additional 316 shares during the period.

Insider Buying and Selling

In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $56.64, for a total value of $690,271.68. Following the sale, the senior vice president now directly owns 23,728 shares in the company, valued at $1,343,953.92. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of Winnebago Industries stock in a transaction on Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the transaction, the senior vice president now directly owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William C. Fisher bought 2,000 shares of the stock in a transaction dated Monday, October 28th. The stock was purchased at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the acquisition, the director now owns 32,267 shares in the company, valued at $1,768,554.27. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 4.63% of the stock is owned by corporate insiders.

Winnebago Industries Trading Down 2.2 %

Shares of WGO stock opened at $61.20 on Thursday. The firm has a fifty day moving average of $57.79 and a 200-day moving average of $58.15. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 204.01 and a beta of 1.60. Winnebago Industries, Inc. has a 52-week low of $49.68 and a 52-week high of $75.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.61). The business had revenue of $720.90 million during the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The business’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same period last year, the company earned $1.59 EPS. On average, equities research analysts forecast that Winnebago Industries, Inc. will post 3.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Truist Financial decreased their target price on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Benchmark dropped their target price on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. BMO Capital Markets cut their target price on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, Robert W. Baird decreased their price target on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six 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 a consensus target price of $68.13.

Winnebago Industries Company Profile

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.