Metropolitan Life Insurance Co. NY Has $526,000 Stake in Winnebago Industries, Inc. (NYSE:WGO)

Metropolitan Life Insurance Co. NY continued to hold its position in shares of Winnebago Industries, Inc. (NYSE:WGO) during the first quarter, Holdings Channel reports. The firm owned 17,971 shares of the construction company’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY’s holdings in Winnebago Industries were worth $526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of WGO. Jane Street Group LLC bought a new position in shares of Winnebago Industries during the first quarter worth about $393,000. State Street Corp increased its position in shares of Winnebago Industries by 5.4% in the first quarter. State Street Corp now owns 638,509 shares of the construction company’s stock worth $18,678,000 after buying an additional 32,448 shares during the last quarter. Bank of America Corp DE increased its position in shares of Winnebago Industries by 36.0% in the first quarter. Bank of America Corp DE now owns 167,475 shares of the construction company’s stock worth $4,899,000 after buying an additional 44,321 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Winnebago Industries by 5.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 120,340 shares of the construction company’s stock worth $3,520,000 after buying an additional 6,126 shares during the last quarter. Finally, Gendell Jeffrey L increased its position in shares of Winnebago Industries by 22.6% in the first quarter. Gendell Jeffrey L now owns 582,522 shares of the construction company’s stock worth $17,039,000 after buying an additional 107,198 shares during the last quarter. 77.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of Winnebago Industries, Inc. (NYSE:WGO) traded up 1.546% on Friday, reaching $34.475. 196,583 shares of the company’s stock were exchanged. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 17.220 and a beta of 1.98. The company’s 50 day moving average is $35.16 and its 200-day moving average is $30.78. Winnebago Industries, Inc. has a one year low of $22.11 and a one year high of $39.30.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. Stockholders of record on Wednesday, July 12th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, July 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.18%. Winnebago Industries’s dividend payout ratio (DPR) is 20.00%.

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A number of research analysts have issued reports on the stock. BidaskClub downgraded shares of Winnebago Industries from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Stifel Nicolaus assumed coverage on shares of Winnebago Industries in a research report on Thursday, July 6th. They set a “buy” rating and a $40.00 price objective on the stock. 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 research report on Thursday, June 22nd. Finally, CL King assumed coverage on shares of Winnebago Industries in a research report on Monday, April 24th. They set a “buy” rating and a $32.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.83.

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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