Winnebago Industries, Inc. (NYSE:WGO) Holdings Raised by Entropy Technologies LP

Entropy Technologies LP grew its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 89.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,659 shares of the construction company’s stock after acquiring an additional 8,796 shares during the period. Entropy Technologies LP’s holdings in Winnebago Industries were worth $1,084,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC boosted its position in Winnebago Industries by 222.5% during the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock valued at $27,000 after purchasing an additional 316 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Winnebago Industries by 69.1% during the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after buying an additional 286 shares during the last quarter. Innealta Capital LLC bought a new stake in shares of Winnebago Industries in the 2nd quarter valued at approximately $45,000. EntryPoint Capital LLC acquired a new position in Winnebago Industries in the first quarter worth approximately $75,000. Finally, nVerses Capital LLC bought a new position in Winnebago Industries during the second quarter valued at approximately $76,000.

Winnebago Industries Price Performance

NYSE WGO opened at $61.20 on Thursday. The stock has a 50-day simple moving average of $57.79 and a 200 day simple moving average of $58.15. Winnebago Industries, Inc. has a twelve month low of $49.68 and a twelve month high of $75.42. The stock has a market capitalization of $1.77 billion, a PE ratio of 204.01 and a beta of 1.60. 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 issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61). The business had revenue of $720.90 million for 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 firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.59 earnings per share. Research analysts anticipate that Winnebago Industries, Inc. will post 3.62 EPS for the current year.

Insider Buying and Selling at Winnebago Industries

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

Analyst Upgrades and Downgrades

WGO has been the topic of several analyst reports. Benchmark dropped their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. Robert W. Baird lowered their target price 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. BMO Capital Markets reduced their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.13.

Winnebago Industries 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.