Thor Industries, Inc. (THO) Holdings Boosted by LSV Asset Management

LSV Asset Management raised its position in Thor Industries, Inc. (NYSE:THO) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,169 shares of the construction company’s stock after buying an additional 1,600 shares during the period. LSV Asset Management’s holdings in Thor Industries were worth $18,714,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in THO. Sigma Planning Corp acquired a new position in Thor Industries in the third quarter valued at about $202,000. Indiana Trust & Investment Management CO acquired a new position in shares of Thor Industries during the fourth quarter worth approximately $203,000. Guardian Capital LP acquired a new position in shares of Thor Industries during the third quarter worth approximately $204,000. Optimum Investment Advisors acquired a new position in shares of Thor Industries during the third quarter worth approximately $205,000. Finally, Concorde Asset Management LLC acquired a new position in shares of Thor Industries during the third quarter worth approximately $211,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Shares of Thor Industries, Inc. (THO) opened at $124.60 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.50. The firm has a market cap of $6,937.74, a P/E ratio of 15.52 and a beta of 1.23. Thor Industries, Inc. has a 12 month low of $87.96 and a 12 month high of $161.48.

Thor Industries (NYSE:THO) last posted its quarterly earnings results on Monday, November 27th. The construction company reported $2.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.84 by $0.59. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $1.99 billion. Thor Industries had a net margin of 5.46% and a return on equity of 27.76%. Thor Industries’s revenue for the quarter was up 30.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.49 earnings per share. analysts predict that Thor Industries, Inc. will post 9.1 EPS for the current year.

A number of equities analysts have recently issued reports on THO shares. Argus lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. BMO Capital Markets upped their target price on shares of Thor Industries to $150.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 28th. Zacks Investment Research lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday. Northcoast Research lowered shares of Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 target price on the stock. in a research report on Friday, January 26th. Finally, ValuEngine upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $125.64.

In related news, Director Alan Siegel sold 1,000 shares of the business’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 completion of the sale, the director now directly owns 4,988 shares of the company’s stock, valued at $766,905. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 6.60% of the company’s stock.

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Thor Industries Profile

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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Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

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