Thor Industries, Inc. (THO) Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd raised its holdings in shares of Thor Industries, Inc. (NYSE:THO) by 78.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,671 shares of the construction company’s stock after purchasing an additional 6,455 shares during the quarter. WINTON GROUP Ltd’s holdings in Thor Industries were worth $1,847,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in THO. Janus Henderson Group PLC bought a new stake in shares of Thor Industries during the second quarter worth $128,458,000. Swedbank bought a new stake in shares of Thor Industries in the third quarter valued at about $129,759,000. Capital Growth Management LP bought a new stake in shares of Thor Industries in the second quarter valued at about $47,034,000. Chilton Investment Co. LLC bought a new stake in shares of Thor Industries in the second quarter valued at about $37,692,000. Finally, BlackRock Inc. raised its holdings in shares of Thor Industries by 8.7% in the second quarter. BlackRock Inc. now owns 4,122,123 shares of the construction company’s stock valued at $430,843,000 after acquiring an additional 329,996 shares in the last quarter. Institutional investors and hedge funds own 88.63% of the company’s stock.

In other news, Chairman Peter Busch Orthwein sold 2,784 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $115.00, for a total transaction of $320,160.00. Following the sale, the chairman now owns 1,396,352 shares in the company, valued at $160,580,480. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $153,750.00. Following the sale, the director now owns 4,988 shares in the company, valued at approximately $766,905. The disclosure for this sale can be found here. 5.10% of the stock is owned by insiders.

Several analysts recently weighed in on the company. Robert W. Baird restated a “buy” rating and issued a $136.00 price objective on shares of Thor Industries in a report on Wednesday, November 1st. Canaccord Genuity restated a “buy” rating on shares of Thor Industries in a report on Friday, September 22nd. Stifel Nicolaus restated a “hold” rating on shares of Thor Industries in a report on Thursday, September 21st. BMO Capital Markets restated a “hold” rating and issued a $110.00 price objective on shares of Thor Industries in a report on Friday, September 1st. Finally, Zacks Investment Research downgraded Thor Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $124.33.

Thor Industries, Inc. (NYSE:THO) traded down $2.92 on Tuesday, reaching $148.67. The company’s stock had a trading volume of 848,100 shares, compared to its average volume of 710,570. Thor Industries, Inc. has a 52 week low of $87.96 and a 52 week high of $156.86. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.50 and a quick ratio of 0.91. The stock has a market capitalization of $7,830.00, a price-to-earnings ratio of 18.88 and a beta of 1.45.

Thor Industries (NYSE:THO) last posted its earnings results on Monday, November 27th. The construction company reported $2.43 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the firm earned $1.49 earnings per share. The firm’s quarterly revenue was up 30.6% compared to the same quarter last year. research analysts predict that Thor Industries, Inc. will post 8.95 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, October 23rd. This is a positive change from Thor Industries’s previous quarterly dividend of $0.33. Thor Industries’s payout ratio is 18.43%.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://www.chaffeybreeze.com/2017/12/05/thor-industries-inc-tho-shares-bought-by-winton-group-ltd.html.

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)

Receive News & Ratings for Thor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply