Employees Retirement System of Texas raised its position in Thor Industries, Inc. (NYSE:THO) by 55.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,500 shares of the construction company’s stock after purchasing an additional 8,000 shares during the quarter. Employees Retirement System of Texas’ holdings in Thor Industries were worth $3,391,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Capital Growth Management LP boosted its holdings in Thor Industries by 405.6% in the 4th quarter. Capital Growth Management LP now owns 455,000 shares of the construction company’s stock valued at $68,578,000 after purchasing an additional 365,000 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Thor Industries in the 4th quarter valued at approximately $593,000. UBS Asset Management Americas Inc. raised its stake in shares of Thor Industries by 26.3% in the 4th quarter. UBS Asset Management Americas Inc. now owns 68,170 shares of the construction company’s stock valued at $10,275,000 after acquiring an additional 14,177 shares during the period. Harbor Island Capital LLC purchased a new stake in shares of Thor Industries in the 4th quarter valued at approximately $8,477,000. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Thor Industries by 9.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 6,890 shares of the construction company’s stock valued at $1,039,000 after acquiring an additional 579 shares during the period. Institutional investors own 88.13% of the company’s stock.
In related news, Director Alan Siegel sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $153.75, for a total transaction of $153,750.00. Following the sale, the director now directly owns 4,988 shares of the company’s stock, valued at approximately $766,905. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.60% of the stock is owned by corporate insiders.
A number of equities research analysts have recently issued reports on the stock. Argus downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. Northcoast Research downgraded shares of Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 price target on the stock. in a research note on Friday, January 26th. ValuEngine raised shares of Thor Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BMO Capital Markets boosted their price target on shares of Thor Industries to $150.00 and gave the company a “market perform” rating in a research note on Tuesday, November 28th. Finally, Robert W. Baird reissued a “buy” rating and issued a $136.00 price target on shares of Thor Industries in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $127.27.
Shares of Thor Industries, Inc. (NYSE:THO) opened at $125.00 on Friday. Thor Industries, Inc. has a 52 week low of $87.96 and a 52 week high of $161.48. The firm has a market cap of $6,503.01, a P/E ratio of 15.57 and a beta of 1.23. The company has a current ratio of 1.50, a quick ratio of 0.91 and a debt-to-equity ratio of 0.05.
Thor Industries (NYSE:THO) last announced its earnings results on Monday, November 27th. The construction company reported $2.43 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.59. Thor Industries had a net margin of 5.46% and a return on equity of 27.76%. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the firm earned $1.49 EPS. The firm’s revenue for the quarter was up 30.6% on a year-over-year basis. analysts predict that Thor Industries, Inc. will post 9.1 earnings per share for the current year.
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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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