1 week Ago By Defense World Staff
Prudential Financial Inc. reduced its position in THOR Industries, Inc. ( NYSE:THO – Free Report ) by 49.
0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,872 shares of the construction company’s stock after selling 3,713 shares during the period. Prudential Financial Inc.
’s holdings in THOR Industries were worth $371,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC grew its position in shares of THOR Industries by 8.
0% during the 3rd quarter. FMR LLC now owns 29,716 shares of the construction company’s stock worth $3,265,000 after buying an additional 2,205 shares during the period. Captrust Financial Advisors increased its holdings in THOR Industries by 21.
1% in the third quarter. Captrust Financial Advisors now owns 2,992 shares of the construction company’s stock valued at $329,000 after purchasing an additional 521 shares during the last quarter. HighTower Advisors LLC increased its holdings in THOR Industries by 20.
4% in the third quarter. HighTower Advisors LLC now owns 21,402 shares of the construction company’s stock valued at $2,343,000 after purchasing an additional 3,621 shares during the last quarter. IHT Wealth Management LLC acquired a new position in THOR Industries in the third quarter valued at about $257,000.
Finally, Quantinno Capital Management LP boosted its holdings in THOR Industries by 82.8% during the third quarter. Quantinno Capital Management LP now owns 21,346 shares of the construction company’s stock worth $2,346,000 after buying an additional 9,666 shares during the last quarter.
Institutional investors own 96.71% of the company’s stock. Analyst Upgrades and Downgrades THO has been the topic of several recent analyst reports.
BMO Capital Markets reduced their price objective on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, March 6th.
Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and upped their price objective for the company from $110.00 to $125.00 in a research report on Monday, March 3rd.
Truist Financial decreased their target price on THOR Industries from $110.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, March 6th.
Robert W. Baird lowered THOR Industries from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $100.00 to $85.
00 in a research report on Friday, April 4th. Finally, Citigroup lowered THOR Industries from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $94.00 to $86.
00 in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $90.
86. THOR Industries Price Performance Shares of NYSE:THO opened at $72.17 on Thursday.
The company has a market cap of $3.84 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 1.
16 and a beta of 1.59. THOR Industries, Inc.
has a one year low of $63.16 and a one year high of $118.85.
The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.
78. The firm has a 50 day simple moving average of $87.91 and a 200 day simple moving average of $99.
07. THOR Industries ( NYSE:THO – Get Free Report ) last posted its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.
01) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.08).
The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.98 billion.
THOR Industries had a return on equity of 5.97% and a net margin of 2.17%.
The business’s revenue was down 8.6% on a year-over-year basis. During the same period last year, the business posted $0.
13 earnings per share. Research analysts predict that THOR Industries, Inc. will post 4.
64 earnings per share for the current fiscal year. THOR Industries Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.
50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.
77%. The ex-dividend date of this dividend is Tuesday, April 8th. THOR Industries’s payout ratio is presently 53.
05%. About THOR Industries ( 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.
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