BNP Paribas Arbitrage SA Has $667,000 Holdings in Winnebago Industries, Inc. (WGO)

BNP Paribas Arbitrage SA raised its stake in Winnebago Industries, Inc. (NYSE:WGO) by 75.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,896 shares of the construction company’s stock after purchasing an additional 6,415 shares during the period. BNP Paribas Arbitrage SA’s holdings in Winnebago Industries were worth $667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in Winnebago Industries by 6.5% in the second quarter. BlackRock Inc. now owns 3,426,574 shares of the construction company’s stock worth $119,930,000 after acquiring an additional 210,269 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Winnebago Industries by 9.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,846,289 shares of the construction company’s stock worth $64,620,000 after acquiring an additional 157,772 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Winnebago Industries by 6.7% in the second quarter. Vanguard Group Inc. now owns 1,567,654 shares of the construction company’s stock worth $54,868,000 after acquiring an additional 97,867 shares in the last quarter. Cooke & Bieler LP boosted its holdings in Winnebago Industries by 2.4% in the second quarter. Cooke & Bieler LP now owns 1,554,738 shares of the construction company’s stock worth $54,416,000 after acquiring an additional 36,376 shares in the last quarter. Finally, Kennedy Capital Management Inc. boosted its holdings in Winnebago Industries by 9.5% in the second quarter. Kennedy Capital Management Inc. now owns 1,180,893 shares of the construction company’s stock worth $41,331,000 after acquiring an additional 102,001 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Winnebago Industries, Inc. (NYSE:WGO) traded up $1.80 during trading on Wednesday, hitting $54.05. The company had a trading volume of 540,600 shares, compared to its average volume of 513,239. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.88 and a quick ratio of 1.03. Winnebago Industries, Inc. has a 12-month low of $24.15 and a 12-month high of $55.90. The firm has a market capitalization of $1,720.00, a P/E ratio of 17.77 and a beta of 2.06.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Thursday, October 19th. The construction company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.09. The company had revenue of $454.90 million during the quarter, compared to analysts’ expectations of $444.50 million. Winnebago Industries had a return on equity of 21.92% and a net margin of 4.61%. Winnebago Industries’s quarterly revenue was up 72.8% on a year-over-year basis. During the same period last year, the business earned $0.49 earnings per share. analysts expect that Winnebago Industries, Inc. will post 2.88 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.74%. The ex-dividend date was Tuesday, November 14th. Winnebago Industries’s dividend payout ratio is currently 17.39%.

Winnebago Industries declared that its Board of Directors has authorized a stock repurchase plan on Thursday, October 19th that authorizes the company to buyback $70.00 million in shares. This buyback authorization authorizes the construction company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its shares are undervalued.

A number of equities research analysts recently commented on the company. BMO Capital Markets reaffirmed a “hold” rating and set a $34.00 target price on shares of Winnebago Industries in a report on Friday, September 1st. Robert W. Baird reaffirmed an “outperform” rating and set a $48.00 target price (up previously from $38.00) on shares of Winnebago Industries in a report on Friday, October 20th. Zacks Investment Research raised Winnebago Industries from a “hold” rating to a “strong-buy” rating and set a $53.00 target price for the company in a report on Thursday, October 5th. ValuEngine downgraded Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $45.00 target price on shares of Winnebago Industries in a report on Friday, October 20th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.17.

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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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