Robert W. Baird upgraded shares of Winnebago Industries Inc. (NYSE:WGO) from a neutral rating to an outperform rating in a report published on Monday. Robert W. Baird currently has $30.00 price objective on the stock, up from their previous price objective of $25.00.
Separately, Zacks Investment Research downgraded shares of Winnebago Industries from a buy rating to a hold rating in a research note on Wednesday, August 10th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Winnebago Industries has an average rating of Hold and a consensus price target of $27.50.
Winnebago Industries (NYSE:WGO) opened at 29.15 on Monday. The company has a market cap of $783.93 million, a PE ratio of 17.88 and a beta of 2.11. Winnebago Industries has a 12 month low of $15.41 and a 12 month high of $30.60. The company has a 50-day moving average of $23.62 and a 200 day moving average of $22.40.
Several institutional investors have recently modified their holdings of WGO. Mason Street Advisors LLC purchased a new position in shares of Winnebago Industries during the second quarter valued at approximately $120,000. Hussman Strategic Advisors Inc. purchased a new position in shares of Winnebago Industries during the second quarter valued at approximately $142,000. Legal & General Group Plc increased its position in shares of Winnebago Industries by 12.8% in the first quarter. Legal & General Group Plc now owns 7,582 shares of the company’s stock valued at $171,000 after buying an additional 862 shares during the period. Acrospire Investment Management LLC increased its position in shares of Winnebago Industries by 273.9% in the second quarter. Acrospire Investment Management LLC now owns 8,737 shares of the company’s stock valued at $200,000 after buying an additional 6,400 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in shares of Winnebago Industries by 89.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,769 shares of the company’s stock valued at $201,000 after buying an additional 4,144 shares during the period. 91.48% of the stock is owned by hedge funds and other institutional investors.
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 sells its products through independent dealers, primarily throughout the United States and Canada. It sells motor homes through independent dealers under the Winnebago, Itasca and Era brands names.
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