Thor Industries, Inc. (THO) Stake Maintained by Timucuan Asset Management Inc. FL

Timucuan Asset Management Inc. FL continued to hold its position in Thor Industries, Inc. (NYSE:THO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,046 shares of the construction company’s stock at the close of the 2nd quarter. Thor Industries makes up approximately 0.0% of Timucuan Asset Management Inc. FL’s portfolio, making the stock its 17th biggest position. Timucuan Asset Management Inc. FL’s holdings in Thor Industries were worth $318,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of Nova Scotia bought a new stake in shares of Thor Industries in the 2nd quarter valued at about $1,233,000. 361 Capital LLC boosted its holdings in shares of Thor Industries by 95.0% in the 2nd quarter. 361 Capital LLC now owns 18,700 shares of the construction company’s stock valued at $1,955,000 after buying an additional 9,112 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Thor Industries by 2.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,792 shares of the construction company’s stock valued at $7,401,000 after buying an additional 1,361 shares in the last quarter. Daruma Capital Management LLC bought a new stake in shares of Thor Industries in the 2nd quarter valued at about $3,583,000. Finally, Gotham Asset Management LLC boosted its holdings in shares of Thor Industries by 157.3% in the 2nd quarter. Gotham Asset Management LLC now owns 55,131 shares of the construction company’s stock valued at $5,762,000 after buying an additional 33,707 shares in the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.

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A number of research firms recently commented on THO. Canaccord Genuity reiterated a “buy” rating on shares of Thor Industries in a research note on Friday, September 22nd. Stifel Nicolaus reiterated a “hold” rating on shares of Thor Industries in a research note on Thursday, September 21st. BMO Capital Markets reiterated a “hold” rating and issued a $110.00 target price on shares of Thor Industries in a research note on Friday, September 1st. Zacks Investment Research cut shares of Thor Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $120.00 target price on shares of Thor Industries in a research note on Friday, September 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $119.74.

Thor Industries, Inc. (NYSE THO) traded down 0.41% during trading on Tuesday, reaching $128.67. 170,460 shares of the company’s stock were exchanged. The stock has a market capitalization of $6.77 billion, a PE ratio of 20.08 and a beta of 1.36. The stock has a 50-day moving average of $114.42 and a 200-day moving average of $103.23. Thor Industries, Inc. has a 52 week low of $74.00 and a 52 week high of $129.88.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, September 27th. The construction company reported $2.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.31. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.83 billion. Thor Industries had a return on equity of 26.04% and a net margin of 5.16%. The firm’s quarterly revenue was up 49.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.57 earnings per share. On average, equities research analysts anticipate that Thor Industries, Inc. will post $8.18 EPS for the current year.

In other news, Chairman Peter Busch Orthwein sold 2,784 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $115.00, for a total value of $320,160.00. Following the completion of the sale, the chairman now directly owns 1,396,352 shares of the company’s stock, valued at $160,580,480. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.60% of the stock is currently owned by corporate insiders.

Thor Industries Company Profile

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.

Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

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