1 week Ago By ABMN Staff
Pictet Asset Management Holding SA raised its holdings in THOR Industries, Inc. ( NYSE:THO – Free Report ) by 20.3% during the 4th quarter, Holdings Channel reports.
The firm owned 8,236 shares of the construction company’s stock after purchasing an additional 1,392 shares during the quarter. Pictet Asset Management Holding SA’s holdings in THOR Industries were worth $788,000 at the end of the most recent reporting period. Several other large investors have also modified their holdings of THO.
Frazier Financial Advisors LLC grew its holdings in THOR Industries by 22.9% during the 4th quarter. Frazier Financial Advisors LLC now owns 9,234 shares of the construction company’s stock valued at $871,000 after buying an additional 1,719 shares during the last quarter.
Norges Bank acquired a new stake in shares of THOR Industries during the fourth quarter valued at $54,754,000. LPL Financial LLC increased its position in THOR Industries by 7.2% during the 4th quarter.
LPL Financial LLC now owns 40,367 shares of the construction company’s stock worth $3,864,000 after purchasing an additional 2,708 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of THOR Industries during the fourth quarter worth about $986,000. Finally, American Century Companies Inc.
raised its position in shares of THOR Industries by 8.7% in the fourth quarter. American Century Companies Inc.
now owns 939,146 shares of the construction company’s stock valued at $89,886,000 after buying an additional 75,304 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.
THOR Industries Price Performance THOR Industries stock opened at $70.36 on Tuesday. The firm has a fifty day moving average of $90.
70 and a 200-day moving average of $100.00. THOR Industries, Inc.
has a 52-week low of $66.00 and a 52-week high of $118.85.
The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.
26. The firm has a market capitalization of $3.74 billion, a P/E ratio of 17.
99, a PEG ratio of 1.16 and a beta of 1.59.
THOR Industries Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th will be issued a dividend of $0.50 per share.
This represents a $2.00 dividend on an annualized basis and a yield of 2.84%.
The ex-dividend date is Tuesday, April 8th. THOR Industries’s payout ratio is 53.05%.
Analyst Upgrades and Downgrades THO has been the topic of a number of recent analyst reports. StockNews.com raised THOR Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th.
Citigroup cut THOR Industries from a “buy” rating to a “neutral” rating and lowered their price target for the company from $94.00 to $86.00 in a report on Wednesday, March 19th.
BMO Capital Markets cut their price objective on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th.
Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their target price for the company from $110.00 to $125.00 in a report on Monday, March 3rd.
Finally, DA Davidson decreased their price target on shares of THOR Industries from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday, March 7th.
One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $90.
86. View Our Latest Analysis on THO THOR Industries Profile ( Free Report ) 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.
Read More Want to see what other hedge funds are holding THO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for THOR Industries, Inc. ( NYSE:THO – Free Report ).
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