1,928 Shares in Thor Industries, Inc. (THO) Acquired by Homrich & Berg
Homrich & Berg purchased a new position in Thor Industries, Inc. (NYSE:THO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,928 shares of the construction company’s stock, valued at approximately $202,000.
Several other institutional investors also recently bought and sold shares of the company. World Asset Management Inc boosted its position in Thor Industries by 0.8% in the second quarter. World Asset Management Inc now owns 3,751 shares of the construction company’s stock worth $392,000 after buying an additional 29 shares during the period. Somerset Trust Co boosted its position in Thor Industries by 0.8% in the second quarter. Somerset Trust Co now owns 6,697 shares of the construction company’s stock worth $700,000 after buying an additional 56 shares during the period. Bbva Compass Bancshares Inc. boosted its position in Thor Industries by 0.6% in the second quarter. Bbva Compass Bancshares Inc. now owns 14,956 shares of the construction company’s stock worth $1,564,000 after buying an additional 82 shares during the period. State Treasurer State of Michigan boosted its position in Thor Industries by 0.5% in the first quarter. State Treasurer State of Michigan now owns 19,400 shares of the construction company’s stock worth $1,865,000 after buying an additional 100 shares during the period. Finally, Barnett & Company Inc. boosted its position in Thor Industries by 0.9% in the second quarter. Barnett & Company Inc. now owns 10,740 shares of the construction company’s stock worth $1,123,000 after buying an additional 100 shares during the period. 89.67% of the stock is currently owned by institutional investors and hedge funds.
Shares of Thor Industries, Inc. (NYSE THO) opened at 108.56 on Thursday. Thor Industries, Inc. has a 52 week low of $74.00 and a 52 week high of $115.74. The firm has a market capitalization of $5.71 billion, a PE ratio of 16.94 and a beta of 1.40. The company has a 50-day moving average of $104.42 and a 200-day moving average of $101.07. Thor Industries also was the recipient of some unusual options trading on Monday. Stock traders acquired 12,680 call options on the stock. This is an increase of approximately 1,256% compared to the average volume of 935 call options.
Thor Industries (NYSE:THO) last released its earnings results on Monday, June 5th. The construction company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.24. Thor Industries had a return on equity of 24.83% and a net margin of 5.11%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the firm posted $1.51 earnings per share. The company’s quarterly revenue was up 56.9% on a year-over-year basis. On average, equities analysts forecast that Thor Industries, Inc. will post $6.78 earnings per share for the current fiscal year.
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A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a research note on Thursday, June 8th. Off Wall Street assumed coverage on shares of Thor Industries in a research note on Thursday, June 29th. They set a “sell” rating and a $75.00 price target on the stock. BMO Capital Markets reaffirmed a “hold” rating and set a $110.00 price target on shares of Thor Industries in a research note on Thursday, July 13th. Stifel Nicolaus assumed coverage on shares of Thor Industries in a research note on Thursday, July 6th. They set a “hold” rating and a $110.00 price target on the stock. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $118.00 price target (up from $111.00) on shares of Thor Industries in a research note on Friday, June 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $109.39.
In other Thor Industries news, Director Alan Siegel sold 1,000 shares of the stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total value of $109,450.00. Following the transaction, the director now owns 4,988 shares of the company’s stock, valued at $545,936.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 6.60% of the company’s stock.
Thor Industries Company 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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