Dubuque Bank & Trust Co. Has $489,000 Stake in Thor Industries, Inc. (THO)

Dubuque Bank & Trust Co. cut its stake in shares of Thor Industries, Inc. (NYSE:THO) by 20.7% in the 4th quarter, HoldingsChannel reports. The fund owned 3,247 shares of the construction company’s stock after selling 850 shares during the period. Dubuque Bank & Trust Co.’s holdings in Thor Industries were worth $489,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sit Investment Associates Inc. increased its holdings in shares of Thor Industries by 26.9% during the third quarter. Sit Investment Associates Inc. now owns 37,600 shares of the construction company’s stock valued at $4,734,000 after acquiring an additional 7,975 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in shares of Thor Industries by 45.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 12,905 shares of the construction company’s stock valued at $1,945,000 after acquiring an additional 4,012 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Thor Industries by 34.5% during the second quarter. Public Employees Retirement System of Ohio now owns 37,259 shares of the construction company’s stock valued at $3,894,000 after acquiring an additional 9,553 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Thor Industries by 114.2% during the third quarter. BNP Paribas Arbitrage SA now owns 160,300 shares of the construction company’s stock valued at $20,183,000 after acquiring an additional 85,463 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Thor Industries by 14.5% during the third quarter. IFP Advisors Inc now owns 6,852 shares of the construction company’s stock valued at $863,000 after acquiring an additional 868 shares in the last quarter. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Several brokerages have recently weighed in on THO. Zacks Investment Research downgraded Thor Industries from a “buy” rating to a “hold” rating in a report on Tuesday. BMO Capital Markets raised their price target on Thor Industries to $150.00 and gave the company a “market perform” rating in a report on Tuesday, November 28th. Argus downgraded Thor Industries from a “buy” rating to a “hold” rating in a report on Friday, December 8th. Northcoast Research downgraded Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 price target for the company. in a report on Friday, January 26th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $136.00 price objective on shares of Thor Industries in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. Thor Industries presently has a consensus rating of “Hold” and an average target price of $125.64.

In other Thor Industries news, Director Alan Siegel sold 1,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $153.75, for a total transaction of $153,750.00. Following the completion of the sale, the director now directly owns 4,988 shares in the company, valued at approximately $766,905. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 6.60% of the stock is currently owned by company insiders.

Shares of Thor Industries, Inc. (THO) opened at $124.60 on Friday. Thor Industries, Inc. has a twelve month low of $87.96 and a twelve month high of $161.48. The company has a market capitalization of $6,863.44, a PE ratio of 16.22 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, topping the consensus estimate of $1.84 by $0.59. Thor Industries had a return on equity of 27.76% and a net margin of 5.46%. The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the company earned $1.49 EPS. Thor Industries’s revenue for the quarter was up 30.6% on a year-over-year basis. analysts predict that Thor Industries, Inc. will post 9.1 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Dubuque Bank & Trust Co. Has $489,000 Stake in Thor Industries, Inc. (THO)” was posted by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.com-unik.info/2018/02/09/dubuque-bank-trust-co-has-489000-stake-in-thor-industries-inc-tho.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.

Want to see what other hedge funds are holding THO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Thor Industries, Inc. (NYSE:THO).

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

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit