Foster Dykema Cabot & Co. Inc. MA continued to hold its position in shares of Thor Industries, Inc. (NYSE:THO) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,655 shares of the construction company’s stock at the end of the first quarter. Foster Dykema Cabot & Co. Inc. MA’s holdings in Thor Industries were worth $447,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Winslow Evans & Crocker Inc. purchased a new position in shares of Thor Industries during the first quarter worth about $154,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Thor Industries by 72.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,621 shares of the construction company’s stock worth $156,000 after buying an additional 682 shares during the last quarter. Atria Investments LLC increased its position in shares of Thor Industries by 6.1% in the first quarter. Atria Investments LLC now owns 2,219 shares of the construction company’s stock worth $213,000 after buying an additional 128 shares during the last quarter. Stephens Inc. AR purchased a new position in shares of Thor Industries during the third quarter worth about $226,000. Finally, Deschutes Portfolio Strategy LLC purchased a new position in shares of Thor Industries during the first quarter worth about $226,000. 87.58% of the stock is currently owned by hedge funds and other institutional investors.
Thor Industries, Inc. (NYSE:THO) traded down 0.67% during trading on Friday, reaching $93.29. 729,304 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $93.33 and a 200 day moving average price of $98.22. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 16.12 and a beta of 1.25. Thor Industries, Inc. has a 52 week low of $60.05 and a 52 week high of $115.74.
Thor Industries (NYSE:THO) last released its earnings results on Monday, March 6th. The construction company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.01. Thor Industries had a return on equity of 23.74% and a net margin of 5.41%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the company earned $0.97 earnings per share. Thor Industries’s quarterly revenue was up 62.9% compared to the same quarter last year. Equities research analysts forecast that Thor Industries, Inc. will post $6.43 earnings per share for the current fiscal year.
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Several analysts have weighed in on the stock. SunTrust Banks, Inc. set a $125.00 target price on shares of Thor Industries and gave the stock a “buy” rating in a research report on Thursday, April 20th. Zacks Investment Research downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday. Wunderlich boosted their target price on shares of Thor Industries from $80.00 to $94.00 and gave the stock a “buy” rating in a research report on Tuesday, March 7th. Robert W. Baird raised shares of Thor Industries from a “neutral” rating to an “outperform” rating and set a $120.00 target price on the stock in a research report on Wednesday, February 8th. Finally, Citigroup Inc reaffirmed a “buy” rating and issued a $111.00 price objective (down from $117.00) on shares of Thor Industries in a report on Saturday, April 22nd. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $106.74.
About Thor Industries
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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