7,658 Shares in THOR Industries, Inc. (NYSE:THO) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in shares of THOR Industries, Inc. (NYSE:THO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,658 shares of the construction company's stock, valued at approximately $733,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Atala Financial Inc purchased a new position in THOR Industries during the fourth quarter worth about $27,000. First Horizon Advisors Inc. raised its position in shares of THOR Industries by 57.3% during the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock valued at $32,000 after buying an additional 121 shares during the period. Brown Brothers Harriman & Co. raised its position in shares of THOR Industries by 369.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company's stock valued at $40,000 after buying an additional 329 shares during the period. Stonebridge Financial Group LLC acquired a new position in THOR Industries in the fourth quarter valued at approximately $51,000. Finally, Tortoise Investment Management LLC grew its position in THOR Industries by 78.3% in the fourth quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company's stock worth $55,000 after acquiring an additional 253 shares during the period. Institutional investors and hedge funds own 96.71% of the company's stock.

THOR Industries Stock Up 0.1 %

Shares of NYSE THO traded up $0.09 during midday trading on Friday, hitting $68.76. The company's stock had a trading volume of 1,008,835 shares, compared to its average volume of 615,971. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.16 and a beta of 1.59. The business's fifty day simple moving average is $86.61 and its two-hundred day simple moving average is $98.52. THOR Industries, Inc. has a 1 year low of $63.16 and a 1 year high of $118.85.

THOR Industries (NYSE:THO - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). The business had revenue of $2.02 billion during the quarter, compared to analysts' expectations of $1.98 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business's quarterly revenue was down 8.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.13 EPS. On average, equities analysts predict that THOR Industries, Inc. will post 4.64 EPS for the current year.

THOR Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $2.00 annualized dividend and a yield of 2.91%. THOR Industries's payout ratio is 53.05%.

Analyst Upgrades and Downgrades

THO has been the topic of several recent analyst reports. BMO Capital Markets decreased their price target on THOR Industries from $120.00 to $105.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Bank of America raised shares of THOR Industries from a "neutral" rating to a "buy" rating and upped their target price for the company from $110.00 to $125.00 in a research report on Monday, March 3rd. Truist Financial lowered their target price on shares of THOR Industries from $110.00 to $90.00 and set a "hold" rating for the company in a research note on Thursday, March 6th. StockNews.com raised shares of THOR Industries from a "sell" rating to a "hold" rating in a research note on Thursday, February 27th. Finally, Robert W. Baird cut shares of THOR Industries from an "outperform" rating to a "neutral" rating and lowered their price objective for the stock from $100.00 to $85.00 in a research report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $90.86.

About THOR Industries

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.