Russell Investments Group Ltd. trimmed its stake in Thor Industries, Inc. (NYSE:THO) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,245 shares of the construction company’s stock after selling 3,974 shares during the period. Russell Investments Group Ltd. owned 0.18% of Thor Industries worth $8,061,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of THO. Alps Advisors Inc. raised its holdings in Thor Industries by 65.2% in the third quarter. Alps Advisors Inc. now owns 15,693 shares of the construction company’s stock worth $1,314,000 after buying an additional 6,194 shares during the last quarter. Reinhart Partners Inc. purchased a new position in Thor Industries in the third quarter worth about $2,661,000. First Trust Advisors LP raised its holdings in Thor Industries by 200.3% in the third quarter. First Trust Advisors LP now owns 95,887 shares of the construction company’s stock worth $8,026,000 after buying an additional 63,952 shares during the last quarter. IFP Advisors Inc raised its holdings in Thor Industries by 26.3% in the third quarter. IFP Advisors Inc now owns 16,056 shares of the construction company’s stock worth $1,344,000 after buying an additional 3,342 shares during the last quarter. Finally, Retirement Systems of Alabama raised its holdings in Thor Industries by 1.9% in the third quarter. Retirement Systems of Alabama now owns 64,693 shares of the construction company’s stock worth $5,415,000 after buying an additional 1,235 shares during the last quarter. 91.47% of the stock is owned by hedge funds and other institutional investors.

In related news, Director James L. Ziemer purchased 5,000 shares of Thor Industries stock in a transaction dated Tuesday, October 9th. The stock was purchased at an average cost of $81.74 per share, for a total transaction of $408,700.00. Following the completion of the purchase, the director now directly owns 14,000 shares of the company’s stock, valued at approximately $1,144,360. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 4.20% of the company’s stock.

Several research analysts have issued reports on THO shares. Canaccord Genuity reaffirmed an “average” rating on shares of Thor Industries in a report on Tuesday, November 13th. BMO Capital Markets reaffirmed a “buy” rating on shares of Thor Industries in a report on Wednesday, November 7th. Robert W. Baird reaffirmed a “buy” rating and issued a $95.00 target price on shares of Thor Industries in a report on Monday, October 29th. Citigroup decreased their target price on shares of Thor Industries from $130.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, October 4th. Finally, Northcoast Research reaffirmed a “buy” rating on shares of Thor Industries in a report on Friday, August 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. Thor Industries has a consensus rating of “Buy” and an average price target of $118.57.

Shares of THO stock opened at $67.30 on Monday. Thor Industries, Inc. has a 52 week low of $63.48 and a 52 week high of $161.48. The company has a market capitalization of $3.55 billion, a PE ratio of 7.87 and a beta of 1.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 1.01.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Thursday, September 20th. The construction company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $2.03 by ($0.36). Thor Industries had a return on equity of 24.97% and a net margin of 5.16%. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the firm earned $2.26 earnings per share. The business’s revenue was down 3.2% compared to the same quarter last year. Equities research analysts anticipate that Thor Industries, Inc. will post 8.14 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 9th. Stockholders of record on Thursday, October 25th were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, October 24th. This is a positive change from Thor Industries’s previous quarterly dividend of $0.37. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.32%. Thor Industries’s payout ratio is currently 18.25%.

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About Thor Industries

Thor Industries, Inc, through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States and Canada. It operates in two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, Basecamp, and Nest travel trade names, as well as Interstate series of Class B motorhomes; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.

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

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