Aperio Group LLC reduced its position in Thor Industries, Inc. (NYSE:THO) by 4.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,738 shares of the construction company’s stock after selling 976 shares during the period. Aperio Group LLC’s holdings in Thor Industries were worth $2,863,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in THO. Teachers Advisors LLC lifted its position in Thor Industries by 7.4% during the 1st quarter. Teachers Advisors LLC now owns 160,932 shares of the construction company’s stock worth $15,470,000 after acquiring an additional 11,122 shares in the last quarter. HighTower Advisors LLC lifted its position in Thor Industries by 22.5% during the 1st quarter. HighTower Advisors LLC now owns 5,022 shares of the construction company’s stock worth $482,000 after acquiring an additional 921 shares in the last quarter. Atria Investments LLC lifted its position in Thor Industries by 7.1% during the 2nd quarter. Atria Investments LLC now owns 2,376 shares of the construction company’s stock worth $248,000 after acquiring an additional 157 shares in the last quarter. Creative Planning lifted its position in Thor Industries by 23.1% during the 2nd quarter. Creative Planning now owns 7,418 shares of the construction company’s stock worth $775,000 after acquiring an additional 1,393 shares in the last quarter. Finally, James Investment Research Inc. lifted its position in Thor Industries by 401.0% during the 2nd quarter. James Investment Research Inc. now owns 16,910 shares of the construction company’s stock worth $1,767,000 after acquiring an additional 13,535 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.
THO has been the topic of several recent research reports. Zacks Investment Research raised Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research report on Wednesday, August 30th. Robert W. Baird reissued a “buy” rating and set a $136.00 price target on shares of Thor Industries in a research report on Wednesday, November 1st. BidaskClub lowered Thor Industries from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. BMO Capital Markets reissued a “hold” rating and set a $110.00 price target on shares of Thor Industries in a research report on Friday, September 1st. Finally, SunTrust Banks, Inc. boosted their price target on Thor Industries and gave the stock a “buy” rating in a research report on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $120.97.
In other news, Chairman Peter Busch Orthwein sold 2,784 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $115.00, for a total value of $320,160.00. Following the completion of the sale, the chairman now directly owns 1,396,352 shares in the company, valued at approximately $160,580,480. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.60% of the stock is owned by insiders.
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Shares of Thor Industries, Inc. (NYSE:THO) opened at $129.89 on Friday. The company has a current ratio of 1.51, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. Thor Industries, Inc. has a twelve month low of $78.84 and a twelve month high of $138.07. The stock has a market capitalization of $6,844.42, a P/E ratio of 18.32 and a beta of 1.42.
Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, September 27th. The construction company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.31. Thor Industries had a return on equity of 26.04% and a net margin of 5.16%. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the business earned $1.57 EPS. Thor Industries’s revenue for the quarter was up 49.7% compared to the same quarter last year. equities analysts anticipate that Thor Industries, Inc. will post 8.14 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th were issued a dividend of $0.37 per share. The ex-dividend date was Monday, October 23rd. This is an increase from Thor Industries’s previous quarterly dividend of $0.33. This represents a $1.48 annualized dividend and a yield of 1.14%. Thor Industries’s payout ratio is currently 20.87%.
Thor Industries 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.
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