4 hours Ago By Defense World Staff
Victory Capital Management Inc. trimmed its position in THOR Industries, Inc. ( NYSE:THO – Free Report ) by 4.
6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,107 shares of the construction company’s stock after selling 2,924 shares during the period. Victory Capital Management Inc.
owned about 0.11% of THOR Industries worth $5,849,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Van ECK Associates Corp purchased a new position in shares of THOR Industries during the 3rd quarter worth about $32,000. First Horizon Advisors Inc. lifted its holdings in shares of THOR Industries by 57.
3% during the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock worth $32,000 after acquiring an additional 121 shares during the period.
Brooklyn Investment Group purchased a new position in shares of THOR Industries during the 3rd quarter worth about $38,000. Stonebridge Financial Group LLC purchased a new position in shares of THOR Industries during the 4th quarter worth about $51,000. Finally, Anchor Investment Management LLC purchased a new position in shares of THOR Industries during the 3rd quarter worth about $58,000.
96.71% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes THO has been the subject of a number of research analyst reports.
Robert W. Baird dropped their target price on shares of THOR Industries from $110.00 to $100.
00 and set an “outperform” rating for the company in a research report on Thursday, March 6th. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $110.
00 to $125.00 in a research report on Monday, March 3rd. Truist Financial lowered their price objective on shares of THOR Industries from $110.
00 to $90.00 and set a “hold” rating for the company in a research report on Thursday, March 6th. Finally, DA Davidson lowered their price objective on shares of THOR Industries from $95.
00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock.
Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.00. THOR Industries Stock Performance Shares of NYSE THO opened at $80.
55 on Friday. 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 business’s 50 day moving average is $97.
84 and its two-hundred day moving average is $103.12. The company has a market cap of $4.
29 billion, a P/E ratio of 20.60, a P/E/G ratio of 1.16 and a beta of 1.
74. THOR Industries, Inc. has a 12 month low of $75.
78 and a 12 month high of $118.85. THOR Industries ( NYSE:THO – Get Free Report ) last released its quarterly earnings data on Wednesday, March 5th.
The construction company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.
08). THOR Industries had a net margin of 2.17% and a return on equity of 5.
97%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.
98 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share.
The business’s revenue for the quarter was down 8.6% on a year-over-year basis. On average, equities analysts expect that THOR Industries, Inc.
will post 4.64 EPS for the current year. THOR Industries Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th.
Shareholders of record on Monday, January 6th were paid a $0.50 dividend. This represents a $2.
00 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend was Monday, January 6th.
THOR Industries’s dividend payout ratio is currently 53.05%. THOR Industries Company 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. Featured Stories Five stocks we like better than THOR Industries Stock Market Sectors: What Are They and How Many Are There? Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead What Investors Need to Know About Upcoming IPOs How Super Micro Computer Stock Is Defying the Market Sell-Off The 3 Best Blue-Chip Stocks to Buy Now AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster? 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 ). Receive News & Ratings for THOR Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for THOR Industries and related companies with MarketBeat.
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