Deutsche Bank AG boosted its holdings in Thor Industries, Inc. (NYSE:THO) by 72.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 461,537 shares of the construction company’s stock after acquiring an additional 193,196 shares during the quarter. Deutsche Bank AG’s holdings in Thor Industries were worth $69,561,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in THO. Assetmark Inc. acquired a new stake in Thor Industries in the fourth quarter valued at about $134,000. Good Life Advisors LLC acquired a new stake in Thor Industries in the fourth quarter valued at about $201,000. Sigma Planning Corp acquired a new stake in Thor Industries in the third quarter valued at about $202,000. Indiana Trust & Investment Management CO acquired a new stake in Thor Industries in the fourth quarter valued at about $203,000. Finally, Guardian Capital LP acquired a new stake in Thor Industries in the third quarter valued at about $204,000. 85.32% of the stock is currently owned by institutional investors and hedge funds.
Thor Industries, Inc. (NYSE:THO) opened at $126.89 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.91. The company has a market capitalization of $6,689.55, a PE ratio of 14.56 and a beta of 1.26. Thor Industries, Inc. has a 1 year low of $87.96 and a 1 year high of $161.48.
Thor Industries (NYSE:THO) last posted its earnings results on Wednesday, March 7th. The construction company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.81 by $0.11. Thor Industries had a return on equity of 28.42% and a net margin of 5.38%. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the company earned $1.23 earnings per share. The business’s quarterly revenue was up 24.1% on a year-over-year basis. equities research analysts anticipate that Thor Industries, Inc. will post 9.37 EPS for the current fiscal year.
Several research firms have commented on THO. ValuEngine upgraded Thor Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Aegis upgraded Thor Industries from a “hold” rating to a “buy” rating and set a $113.00 target price for the company in a research report on Thursday, March 8th. They noted that the move was a valuation call. Northcoast Research reiterated a “hold” rating on shares of Thor Industries in a research report on Tuesday, February 27th. Stifel Nicolaus set a $132.00 target price on Thor Industries and gave the company a “hold” rating in a research report on Friday, February 9th. Finally, Zacks Investment Research downgraded Thor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $129.90.
Thor Industries 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.
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