Everpar Advisors LLC Cuts Stock Position in THOR Industries, Inc. (NYSE:THO)

Everpar Advisors LLC cut its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 3.3% in the 4th quarter, HoldingsChannel reports. The firm owned 3,762 shares of the construction company’s stock after selling 127 shares during the quarter. Everpar Advisors LLC’s holdings in THOR Industries were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Quarry LP bought a new position in THOR Industries during the second quarter valued at about $28,000. UMB Bank n.a. grew its position in shares of THOR Industries by 2,050.0% during the 3rd quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock valued at $28,000 after acquiring an additional 246 shares during the period. Van ECK Associates Corp purchased a new stake in shares of THOR Industries during the 3rd quarter worth approximately $32,000. Brooklyn Investment Group purchased a new stake in shares of THOR Industries during the 3rd quarter worth approximately $38,000. Finally, Anchor Investment Management LLC bought a new stake in shares of THOR Industries in the 3rd quarter worth approximately $58,000. 96.71% of the stock is currently owned by institutional investors.

THOR Industries Trading Up 3.4 %

Shares of THOR Industries stock opened at $104.11 on Friday. The company’s 50-day moving average price is $103.23 and its 200-day moving average price is $103.47. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. THOR Industries, Inc. has a 12-month low of $88.37 and a 12-month high of $129.31. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 1.08 and a beta of 1.68.

THOR Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, January 6th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.92%. The ex-dividend date is Monday, January 6th. THOR Industries’s payout ratio is 51.15%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on THO. StockNews.com raised THOR Industries from a “sell” rating to a “hold” rating in a research report on Saturday, January 4th. Citigroup lifted their price objective on THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, September 26th. DA Davidson reaffirmed a “neutral” rating and set a $95.00 price objective on shares of THOR Industries in a report on Monday, September 30th. Bank of America started coverage on shares of THOR Industries in a research report on Friday, December 13th. They set a “neutral” rating and a $120.00 target price for the company. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $120.00 price target on shares of THOR Industries in a research report on Thursday, September 19th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $111.17.

About THOR Industries

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.