Reinhart Partners LLC. Has $34.47 Million Holdings in THOR Industries, Inc. (NYSE:THO)

Reinhart Partners LLC. lifted its stake in THOR Industries, Inc. (NYSE:THO - Free Report) by 12.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 360,142 shares of the construction company's stock after purchasing an additional 40,868 shares during the quarter. THOR Industries accounts for about 1.3% of Reinhart Partners LLC.'s investment portfolio, making the stock its 29th largest holding. Reinhart Partners LLC. owned 0.68% of THOR Industries worth $34,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in THOR Industries by 37.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company's stock valued at $165,078,000 after acquiring an additional 411,466 shares in the last quarter. Natixis Advisors LLC grew its position in THOR Industries by 51.3% during the third quarter. Natixis Advisors LLC now owns 504,922 shares of the construction company's stock valued at $55,486,000 after purchasing an additional 171,244 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of THOR Industries by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,901,024 shares of the construction company's stock valued at $271,097,000 after buying an additional 187,019 shares during the period. State Street Corp grew its holdings in shares of THOR Industries by 2.1% during the 3rd quarter. State Street Corp now owns 1,624,002 shares of the construction company's stock valued at $178,462,000 after acquiring an additional 33,619 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of THOR Industries by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 639,378 shares of the construction company's stock worth $59,750,000 after acquiring an additional 5,761 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company's stock.

Analyst Upgrades and Downgrades

THO has been the subject of several recent research reports. Benchmark reissued a "hold" rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Citigroup boosted their target price on THOR Industries from $119.00 to $124.00 and gave the stock a "buy" rating in a report on Thursday, September 26th. StockNews.com upgraded THOR Industries from a "sell" rating to a "hold" rating in a report on Saturday, January 4th. DA Davidson reaffirmed a "neutral" rating and set a $95.00 price objective on shares of THOR Industries in a report on Monday, September 30th. Finally, Bank of America assumed coverage on shares of THOR Industries in a report on Friday, December 13th. They set a "neutral" rating and a $120.00 price target for the company. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $111.17.

THOR Industries Stock Performance

Shares of THO traded up $2.12 on Monday, reaching $95.44. 588,750 shares of the stock traded hands, compared to its average volume of 483,264. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 24.41 and a beta of 1.68. 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 stock's 50-day moving average price is $103.77 and its 200-day moving average price is $103.47. THOR Industries, Inc. has a 12 month low of $88.37 and a 12 month high of $129.31.

THOR Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, January 6th will be paid a $0.50 dividend. The ex-dividend date is Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a yield of 2.10%. THOR Industries's payout ratio is currently 51.15%.

Insider Buying and Selling

In other THOR Industries news, VP Colleen A. Zuhl sold 4,354 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total transaction of $500,710.00. Following the completion of the transaction, the vice president now directly owns 131,905 shares in the company, valued at $15,169,075. This represents a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 4.50% of the company's stock.

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.