Nisa Investment Advisors LLC Buys 4,603 Shares of Thor Industries, Inc. $THO

Nisa Investment Advisors LLC grew its stake in Thor Industries, Inc. (NYSE:THO) by 29.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,244 shares of the RV manufacturer’s stock after acquiring an additional 4,603 shares during the period. Nisa Investment Advisors LLC’s holdings in Thor Industries were worth $1,798,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Curio Wealth LLC lifted its position in shares of Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares during the period. Signaturefd LLC lifted its position in shares of Thor Industries by 86.6% in the 2nd quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock worth $40,000 after purchasing an additional 207 shares during the period. Parallel Advisors LLC lifted its position in shares of Thor Industries by 198.3% in the 2nd quarter. Parallel Advisors LLC now owns 516 shares of the RV manufacturer’s stock worth $46,000 after purchasing an additional 343 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Thor Industries by 66.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 563 shares of the RV manufacturer’s stock worth $50,000 after purchasing an additional 225 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Thor Industries by 96.3% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 805 shares of the RV manufacturer’s stock worth $61,000 after purchasing an additional 395 shares during the period. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Trading Down 0.2%

NYSE:THO opened at $103.37 on Friday. Thor Industries, Inc. has a 52 week low of $63.15 and a 52 week high of $118.85. The firm has a 50 day moving average of $106.62 and a 200 day moving average of $93.47. The company has a quick ratio of 0.90, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 1.81 and a beta of 1.35.

Thor Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 23rd will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This is a positive change from Thor Industries’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. Thor Industries’s dividend payout ratio is currently 49.88%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on THO shares. Raymond James Financial raised shares of Thor Industries from an “underperform” rating to a “market perform” rating in a research report on Monday. DA Davidson upped their price target on shares of Thor Industries from $78.00 to $102.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, October 8th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Roth Capital set a $93.00 price objective on shares of Thor Industries and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $104.00.

Thor Industries Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.