New York State Teachers Retirement System Sells 3,000 Shares of THOR Industries, Inc. (NYSE:THO)

New York State Teachers Retirement System lessened its holdings in THOR Industries, Inc. (NYSE:THO - Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,660 shares of the construction company's stock after selling 3,000 shares during the quarter. New York State Teachers Retirement System owned approximately 0.13% of THOR Industries worth $6,571,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Van ECK Associates Corp bought a new position in THOR Industries in the third quarter valued at approximately $32,000. Brooklyn Investment Group bought a new position in THOR Industries in the third quarter valued at approximately $38,000. Stonebridge Financial Group LLC bought a new position in THOR Industries in the fourth quarter valued at approximately $51,000. Anchor Investment Management LLC bought a new position in THOR Industries in the third quarter valued at approximately $58,000. Finally, Blue Trust Inc. raised its holdings in shares of THOR Industries by 62.6% in the third quarter. Blue Trust Inc. now owns 548 shares of the construction company's stock valued at $60,000 after purchasing an additional 211 shares during the last quarter. Institutional investors own 96.71% of the company's stock.

THOR Industries Trading Down 1.0 %

Shares of NYSE:THO traded down $1.03 during trading on Friday, reaching $99.50. The stock had a trading volume of 232,877 shares, compared to its average volume of 571,132. The firm's fifty day moving average is $99.71 and its 200 day moving average is $104.16. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71. THOR Industries, Inc. has a 52 week low of $88.37 and a 52 week high of $129.31. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 1.18 and a beta of 1.69.

THOR Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Monday, January 6th. THOR Industries's dividend payout ratio is currently 51.15%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on THO. Benchmark reiterated a "hold" rating on shares of THOR Industries in a report on Tuesday, December 3rd. StockNews.com downgraded shares of THOR Industries from a "hold" rating to a "sell" rating in a report on Wednesday. Bank of America began coverage on shares of THOR Industries in a research note on Friday, December 13th. They issued a "neutral" rating and a $120.00 price target for the company. Finally, Truist Financial boosted their price objective on shares of THOR Industries from $98.00 to $110.00 and gave the stock a "hold" rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $113.17.

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.