Value Holdings Management CO. LLC decreased its position in shares of THOR Industries, Inc. (NYSE:THO - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 195,484 shares of the construction company's stock after selling 11,500 shares during the period. THOR Industries accounts for approximately 3.3% of Value Holdings Management CO. LLC's portfolio, making the stock its 12th biggest position. Value Holdings Management CO. LLC owned about 0.37% of THOR Industries worth $18,709,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Stratos Wealth Advisors LLC grew its holdings in THOR Industries by 2.2% during the third quarter. Stratos Wealth Advisors LLC now owns 6,411 shares of the construction company's stock valued at $705,000 after purchasing an additional 135 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in THOR Industries by 0.9% in the third quarter. Nisa Investment Advisors LLC now owns 15,776 shares of the construction company's stock worth $1,734,000 after purchasing an additional 135 shares in the last quarter. GAMMA Investing LLC lifted its position in THOR Industries by 34.7% during the 3rd quarter. GAMMA Investing LLC now owns 780 shares of the construction company's stock worth $86,000 after buying an additional 201 shares in the last quarter. Blue Trust Inc. lifted its position in shares of THOR Industries by 62.6% during the third quarter. Blue Trust Inc. now owns 548 shares of the construction company's stock worth $60,000 after purchasing an additional 211 shares in the last quarter. Finally, Cim LLC lifted its holdings in THOR Industries by 12.8% during the 2nd quarter. Cim LLC now owns 1,995 shares of the construction company's stock worth $186,000 after buying an additional 226 shares in the last quarter. 96.71% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
THO has been the subject of a number of recent analyst reports. StockNews.com downgraded THOR Industries from a "hold" rating to a "sell" rating in a report on Friday. Bank of America assumed coverage on THOR Industries in a report on Friday, December 13th. They issued a "neutral" rating and a $120.00 price target on the stock. Truist Financial cut their price target on shares of THOR Industries from $105.00 to $98.00 and set a "hold" rating on the stock in a research report on Tuesday, January 7th. Citigroup lifted their price objective on shares of THOR Industries from $119.00 to $124.00 and gave the stock a "buy" rating in a research report on Thursday, September 26th. Finally, DA Davidson reiterated a "neutral" rating and set a $95.00 price target on shares of THOR Industries in a research report on Monday, September 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, THOR Industries has an average rating of "Hold" and an average price target of $111.17.
Check Out Our Latest Report on THO
THOR Industries Stock Down 1.9 %
Shares of NYSE THO traded down $1.98 on Friday, reaching $101.97. 695,995 shares of the company's stock traded hands, compared to its average volume of 438,983. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. The business's 50 day simple moving average is $103.09 and its two-hundred day simple moving average is $103.61. THOR Industries, Inc. has a 12 month low of $88.37 and a 12 month high of $129.31. The company has a market cap of $5.43 billion, a price-to-earnings ratio of 26.08, a price-to-earnings-growth ratio of 1.08 and a beta of 1.68.
THOR Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a yield of 1.96%. THOR Industries's dividend payout ratio is presently 51.15%.
About THOR Industries
(
Free Report)
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.
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