BNP Paribas Arbitrage SA increased its stake in shares of Thor Industries, Inc. (NYSE:THO) by 114.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,300 shares of the construction company’s stock after buying an additional 85,463 shares during the period. BNP Paribas Arbitrage SA owned about 0.30% of Thor Industries worth $20,183,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. boosted its holdings in Thor Industries by 26.9% during the third quarter. Sit Investment Associates Inc. now owns 37,600 shares of the construction company’s stock worth $4,734,000 after buying an additional 7,975 shares in the last quarter. Hancock Holding Co. lifted its holdings in shares of Thor Industries by 349.8% in the second quarter. Hancock Holding Co. now owns 139,189 shares of the construction company’s stock valued at $14,549,000 after purchasing an additional 108,247 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Thor Industries by 34.5% in 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 purchasing an additional 9,553 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Thor Industries by 23.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 35,997 shares of the construction company’s stock valued at $3,763,000 after purchasing an additional 6,806 shares in the last quarter. Finally, Financial Counselors Inc. purchased a new stake in shares of Thor Industries in the second quarter valued at about $1,144,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have issued reports on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $136.00 price target on shares of Thor Industries in a report on Wednesday, November 1st. Citigroup Inc. upped their price target on shares of Thor Industries from $118.00 to $146.00 and gave the company a “buy” rating in a report on Monday, October 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $135.00 price target (up previously from $110.00) on shares of Thor Industries in a report on Saturday, September 30th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $114.00 price target (up previously from $110.00) on shares of Thor Industries in a report on Saturday, September 30th. Finally, Aegis reaffirmed a “hold” rating and issued a $130.00 price target (up previously from $113.00) on shares of Thor Industries in a report on Saturday, September 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $120.97.

In other news, Chairman Peter Busch Orthwein sold 2,784 shares of the business’s 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 transaction, the chairman now owns 1,396,352 shares of the company’s stock, valued at $160,580,480. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 6.60% of the company’s stock.

Thor Industries, Inc. (THO) traded down $0.11 during trading hours on Friday, hitting $129.89. 333,600 shares of the stock were exchanged, compared to its average volume of 580,380. The company has a current ratio of 1.51, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $6,844.42, a price-to-earnings ratio of 18.32 and a beta of 1.42. Thor Industries, Inc. has a twelve month low of $78.84 and a twelve month high of $138.07.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, September 27th. The construction company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.31. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.83 billion. Thor Industries had a net margin of 5.16% and a return on equity of 26.04%. The company’s revenue was up 49.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.57 earnings per share. equities analysts expect that Thor Industries, Inc. will post 8.14 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Tuesday, October 24th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend 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 currently 20.87%.

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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.

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

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