Universal Beteiligungs und Servicegesellschaft mbH Buys 16,785 Shares of Thor Industries, Inc. $THO

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Thor Industries, Inc. (NYSE:THO) by 40.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,358 shares of the RV manufacturer’s stock after acquiring an additional 16,785 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Thor Industries worth $5,183,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. lifted its position in shares of Thor Industries by 2,463.6% during the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after purchasing an additional 271 shares in the last quarter. Curio Wealth LLC increased its stake in Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock valued at $30,000 after buying an additional 333 shares during the last quarter. Signaturefd LLC lifted its position in shares of Thor Industries by 86.6% during the 2nd quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock worth $40,000 after buying an additional 207 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Thor Industries by 198.3% in the 2nd quarter. Parallel Advisors LLC now owns 516 shares of the RV manufacturer’s stock worth $46,000 after buying an additional 343 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Thor Industries by 66.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 563 shares of the RV manufacturer’s stock worth $50,000 after buying an additional 225 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

Thor Industries Price Performance

THO opened at $100.84 on Friday. The firm has a 50-day moving average price of $103.74 and a 200-day moving average price of $96.69. Thor Industries, Inc. has a twelve month low of $63.15 and a twelve month high of $118.85. The company has a quick ratio of 0.90, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 1.81 and a beta of 1.32.

Thor Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Thursday, October 23rd were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, October 23rd. This is a positive change from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s payout ratio is presently 49.88%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on THO shares. DA Davidson lifted their price target on Thor Industries from $78.00 to $102.00 and gave the stock a “neutral” rating in a report on Tuesday, September 30th. Robert W. Baird lifted their target price on Thor Industries from $90.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Citigroup reduced their price target on shares of Thor Industries from $122.00 to $117.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. BMO Capital Markets lifted their price objective on shares of Thor Industries from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Finally, Zacks Research upgraded shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, Thor Industries has an average rating of “Hold” and an average target price of $104.67.

Thor Industries Profile

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.