Clarus Wealth Advisors bought a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,960 shares of the construction company’s stock, valued at approximately $295,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Sigma Planning Corp purchased a new stake in shares of Thor Industries in the 3rd quarter worth $202,000. Indiana Trust & Investment Management CO purchased a new stake in shares of Thor Industries in the 4th quarter worth $203,000. Guardian Capital LP purchased a new stake in shares of Thor Industries in the 3rd quarter worth $204,000. Optimum Investment Advisors purchased a new stake in shares of Thor Industries in the 3rd quarter worth $205,000. Finally, Concorde Asset Management LLC purchased a new stake in shares of Thor Industries in the 3rd quarter worth $211,000. Institutional investors and hedge funds own 88.55% of the company’s stock.
In other Thor Industries news, Director Alan Siegel sold 1,000 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $153.75, for a total transaction of $153,750.00. Following the completion of the transaction, the director now owns 4,988 shares of the company’s stock, valued at approximately $766,905. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.10% of the stock is owned by corporate insiders.
Several research firms have recently commented on THO. Stifel Nicolaus set a $132.00 price objective on Thor Industries and gave the stock a “hold” rating in a research note on Friday, February 9th. Zacks Investment Research downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. Northcoast Research downgraded shares of Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 target price for the company. in a report on Friday, January 26th. ValuEngine raised shares of Thor Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Argus downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Friday, December 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $127.27.
Shares of Thor Industries, Inc. (NYSE:THO) traded down $0.05 during trading on Wednesday, reaching $128.84. 123,764 shares of the company traded hands, compared to its average volume of 748,025. Thor Industries, Inc. has a one year low of $87.96 and a one year high of $161.48. The company has a market cap of $6,809.17, a P/E ratio of 16.09 and a beta of 1.23. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.50 and a quick ratio of 0.91.
Thor Industries (NYSE:THO) last released its quarterly earnings data on Monday, November 27th. The construction company reported $2.43 EPS for the quarter, beating the consensus estimate of $1.84 by $0.59. Thor Industries had a net margin of 5.46% and a return on equity of 27.76%. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. The business’s revenue was up 30.6% on a year-over-year basis. analysts anticipate that Thor Industries, Inc. will post 9.1 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This report was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/14/1960-shares-in-thor-industries-inc-tho-purchased-by-clarus-wealth-advisors.html.
About Thor Industries
Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.
Receive News & Ratings for Thor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries and related companies with MarketBeat.com's FREE daily email newsletter.