LSV Asset Management Increases Position in Thor Industries, Inc. (THO)

LSV Asset Management grew its holdings in Thor Industries, Inc. (NYSE:THO) by 25.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 108,869 shares of the construction company’s stock after buying an additional 22,000 shares during the period. LSV Asset Management owned 0.21% of Thor Industries worth $11,378,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. World Asset Management Inc raised its holdings in shares of Thor Industries by 14.3% in the first quarter. World Asset Management Inc now owns 3,722 shares of the construction company’s stock valued at $358,000 after buying an additional 467 shares during the last quarter. Karp Capital Management Corp acquired a new position in Thor Industries during the first quarter worth about $2,351,000. United Capital Financial Advisers LLC grew its position in Thor Industries by 2.7% during the first quarter. United Capital Financial Advisers LLC now owns 13,278 shares of the construction company’s stock worth $1,276,000 after buying an additional 354 shares during the period. Vanguard Group Inc. grew its position in Thor Industries by 5.7% during the first quarter. Vanguard Group Inc. now owns 3,993,691 shares of the construction company’s stock worth $383,913,000 after buying an additional 214,042 shares during the period. Finally, Pacer Advisors Inc. grew its position in shares of Thor Industries by 11.5% in the second quarter. Pacer Advisors Inc. now owns 8,418 shares of the construction company’s stock valued at $880,000 after purchasing an additional 869 shares during the last quarter. 89.48% of the stock is owned by institutional investors and hedge funds.

Shares of Thor Industries, Inc. (THO) opened at 115.33 on Friday. Thor Industries, Inc. has a 12-month low of $74.00 and a 12-month high of $116.34. The company’s 50-day moving average is $107.11 and its 200-day moving average is $100.92. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 18.00 and a beta of 1.38.

In other Thor Industries news, Chairman Peter Busch Orthwein sold 2,784 shares of Thor Industries stock in a transaction that occurred on Monday, September 18th. The shares were 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 in the company, valued at $160,580,480. The transaction was disclosed in a 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 on Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total transaction of $109,450.00. Following the completion of the sale, the director now owns 4,988 shares of the company’s stock, valued at $545,936.60. The disclosure for this sale can be found here. 6.60% of the stock is owned by insiders.

Several brokerages recently issued reports on THO. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research note on Tuesday, September 5th. BMO Capital Markets downgraded shares of Thor Industries from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Off Wall Street began coverage on shares of Thor Industries in a research note on Thursday, June 29th. They set a “sell” rating and a $75.00 price target on the stock. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Thor Industries in a research note on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $110.89.

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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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