Van Berkom & Associates Inc. lessened its holdings in shares of Thor Industries, Inc. (NYSE:THO) by 15.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 447,939 shares of the construction company’s stock after selling 81,490 shares during the period. Thor Industries accounts for about 2.0% of Van Berkom & Associates Inc.’s portfolio, making the stock its 22nd largest position. Van Berkom & Associates Inc. owned 0.85% of Thor Industries worth $56,400,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Sit Investment Associates Inc. lifted its stake in shares of Thor Industries by 26.9% during the third quarter. Sit Investment Associates Inc. now owns 37,600 shares of the construction company’s stock valued at $4,734,000 after acquiring an additional 7,975 shares during the period. Hancock Holding Co. lifted its stake in shares of Thor Industries by 349.8% during the second quarter. Hancock Holding Co. now owns 139,189 shares of the construction company’s stock valued at $14,549,000 after acquiring an additional 108,247 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Thor Industries by 34.5% during the second quarter. Public Employees Retirement System of Ohio now owns 37,259 shares of the construction company’s stock valued at $3,894,000 after acquiring an additional 9,553 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of Thor Industries by 114.2% during the third quarter. BNP Paribas Arbitrage SA now owns 160,300 shares of the construction company’s stock valued at $20,183,000 after acquiring an additional 85,463 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Thor Industries by 14.5% during the third quarter. IFP Advisors Inc now owns 6,852 shares of the construction company’s stock valued at $863,000 after acquiring an additional 868 shares during the period. Institutional investors own 89.57% of the company’s stock.

Several equities analysts have recently issued reports on THO shares. Zacks Investment Research raised Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research note on Wednesday, August 30th. Robert W. Baird reissued a “buy” rating and issued a $136.00 target price on shares of Thor Industries in a research note on Wednesday, November 1st. BMO Capital Markets reissued a “hold” rating and issued a $110.00 target price on shares of Thor Industries in a research note on Friday, September 1st. SunTrust Banks, Inc. increased their target price on Thor Industries and gave the company a “buy” rating in a research note on Thursday, September 28th. Finally, Northcoast Research reissued a “buy” rating and issued a $145.00 target price (up previously from $134.00) on shares of Thor Industries in a research note on Monday, September 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $123.08.

Thor Industries, Inc. (NYSE:THO) traded up $0.17 during trading hours on Monday, reaching $137.07. The company’s stock had a trading volume of 187,100 shares, compared to its average volume of 690,976. Thor Industries, Inc. has a 1 year low of $87.96 and a 1 year high of $138.07. The company has a quick ratio of 0.92, a current ratio of 1.51 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $7,220.00, a price-to-earnings ratio of 19.33 and a beta of 1.42.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Wednesday, September 27th. The construction company reported $2.26 EPS for the quarter, topping the Zacks’ consensus estimate of $1.95 by $0.31. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.83 billion. Thor Industries had a return on equity of 26.04% and a net margin of 5.16%. Thor Industries’s revenue was up 49.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.57 earnings per share. sell-side analysts expect that Thor Industries, Inc. will post 8.14 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Tuesday, October 24th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, October 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.08%. This is a positive change from Thor Industries’s previous quarterly dividend of $0.33. Thor Industries’s dividend payout ratio (DPR) is currently 20.87%.

In other news, Chairman Peter Busch Orthwein sold 2,784 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $115.00, for a total transaction of $320,160.00. Following 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 SEC, which is available at the SEC website. Company insiders own 6.60% of the company’s stock.

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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.

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

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