Thor Industries, Inc. (THO) Shares Bought by Great West Life Assurance Co. Can
Great West Life Assurance Co. Can grew its position in shares of Thor Industries, Inc. (NYSE:THO) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,630 shares of the construction company’s stock after buying an additional 1,100 shares during the quarter. Great West Life Assurance Co. Can owned 0.08% of Thor Industries worth $4,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Thor Industries by 8.7% in the 2nd quarter. BlackRock Inc. now owns 4,122,123 shares of the construction company’s stock worth $430,843,000 after purchasing an additional 329,996 shares during the period. Vanguard Group Inc. raised its holdings in Thor Industries by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 4,042,036 shares of the construction company’s stock worth $422,474,000 after purchasing an additional 48,345 shares during the period. Wells Fargo & Company MN raised its holdings in Thor Industries by 7.4% in the 2nd quarter. Wells Fargo & Company MN now owns 1,324,845 shares of the construction company’s stock worth $138,473,000 after purchasing an additional 90,713 shares during the period. Janus Henderson Group PLC bought a new position in Thor Industries in the 2nd quarter worth $128,458,000. Finally, Victory Capital Management Inc. raised its holdings in Thor Industries by 8.8% in the 2nd quarter. Victory Capital Management Inc. now owns 1,054,269 shares of the construction company’s stock worth $110,192,000 after purchasing an additional 85,581 shares during the period. 88.63% of the stock is currently owned by hedge funds and other institutional investors.
A number of brokerages recently commented on THO. Argus cut Thor Industries from a “buy” rating to a “hold” rating in a report on Friday. BMO Capital Markets raised their price target on Thor Industries to $150.00 and gave the company a “market perform” rating in a report on Tuesday, November 28th. Robert W. Baird reissued a “buy” rating and set a $136.00 price target on shares of Thor Industries in a report on Wednesday, November 1st. Aegis reissued a “hold” rating and set a $130.00 price target (up from $113.00) on shares of Thor Industries in a report on Saturday, September 30th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $114.00 price target (up from $110.00) on shares of Thor Industries in a report on Saturday, September 30th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Thor Industries presently has an average rating of “Buy” and a consensus target price of $124.33.
In other news, Chairman Peter Busch Orthwein sold 2,784 shares of Thor Industries stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $115.00, for a total transaction of $320,160.00. Following the completion of the sale, the chairman now owns 1,396,352 shares of the company’s stock, valued at $160,580,480. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alan Siegel sold 1,000 shares of Thor Industries 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 disclosure for this sale can be found here. 6.60% of the stock is owned by company insiders.
Thor Industries, Inc. (NYSE:THO) traded down $0.39 on Friday, reaching $151.10. The company had a trading volume of 423,918 shares, compared to its average volume of 754,422. The stock has a market capitalization of $7,982.67, a price-to-earnings ratio of 18.87 and a beta of 1.45. Thor Industries, Inc. has a 12 month low of $87.96 and a 12 month high of $156.86. 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 released its quarterly earnings results on Monday, November 27th. The construction company reported $2.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.84 by $0.59. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $1.99 billion. Thor Industries had a return on equity of 27.76% and a net margin of 5.46%. The firm’s revenue was up 30.6% on a year-over-year basis. During the same quarter last year, the business posted $1.49 earnings per share. analysts predict that Thor Industries, Inc. will post 9.14 earnings per share for the current year.
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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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