Financial Counselors Inc. Invests $1.14 Million in Thor Industries, Inc. (THO)

Financial Counselors Inc. purchased a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 10,950 shares of the construction company’s stock, valued at approximately $1,144,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Asset Management Inc grew its position in shares of Thor Industries by 14.3% during the 1st quarter. World Asset Management Inc now owns 3,722 shares of the construction company’s stock valued at $358,000 after purchasing an additional 467 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of Thor Industries during the 1st quarter valued at $2,351,000. United Capital Financial Advisers LLC grew its position in shares of Thor Industries by 2.7% during the 1st quarter. United Capital Financial Advisers LLC now owns 13,278 shares of the construction company’s stock valued at $1,276,000 after purchasing an additional 354 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Thor Industries by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 3,993,691 shares of the construction company’s stock valued at $383,913,000 after purchasing an additional 214,042 shares in the last quarter. Finally, Profund Advisors LLC grew its position in shares of Thor Industries by 3.4% during the 1st quarter. Profund Advisors LLC now owns 6,547 shares of the construction company’s stock valued at $629,000 after purchasing an additional 216 shares in the last quarter. Hedge funds and other institutional investors own 89.66% of the company’s stock.

Several brokerages recently issued reports on THO. BidaskClub upgraded shares of Thor Industries from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Aegis began coverage on shares of Thor Industries in a research report on Monday. They issued a “hold” rating and a $113.00 target price for the company. Citigroup Inc. reiterated a “buy” rating and issued a $118.00 target price (up from $111.00) on shares of Thor Industries in a research report on Friday, June 9th. Zacks Investment Research lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Robert W. Baird reiterated a “buy” rating and issued a $120.00 target price on shares of Thor Industries in a research report on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. Thor Industries has an average rating of “Buy” and a consensus price target of $109.67.

COPYRIGHT VIOLATION WARNING: This piece was reported by Markets Daily and is owned by of Markets Daily. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.themarketsdaily.com/2017/09/12/financial-counselors-inc-invests-1-14-million-in-thor-industries-inc-tho.html.

Shares of Thor Industries, Inc. (THO) opened at 109.83 on Tuesday. Thor Industries, Inc. has a 1-year low of $74.00 and a 1-year high of $115.74. The company has a market capitalization of $5.78 billion, a P/E ratio of 17.14 and a beta of 1.38. The firm has a 50-day moving average of $105.82 and a 200 day moving average of $100.84.

In related news, Director Alan Siegel sold 1,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $109.45, for a total transaction of $109,450.00. Following the completion of the transaction, the director now directly owns 4,988 shares of the company’s stock, valued at $545,936.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.60% of the company’s stock.

Thor Industries Company Profile

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

Receive News & Ratings for Thor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply