Paragon Capital Management Ltd decreased its stake in shares of Thor Industries, Inc. (NYSE:THO) by 11.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,487 shares of the construction company’s stock after selling 608 shares during the period. Paragon Capital Management Ltd’s holdings in Thor Industries were worth $333,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. BlackRock Inc. grew its stake in Thor Industries by 4.5% during the second quarter. BlackRock Inc. now owns 4,842,450 shares of the construction company’s stock worth $283,039,000 after buying an additional 209,739 shares during the period. West Coast Financial LLC boosted its stake in Thor Industries by 1.8% during the 3rd quarter. West Coast Financial LLC now owns 97,132 shares of the construction company’s stock valued at $5,502,000 after acquiring an additional 1,755 shares during the last quarter. Triad Investment Management boosted its stake in Thor Industries by 65.8% during the 3rd quarter. Triad Investment Management now owns 43,812 shares of the construction company’s stock valued at $2,482,000 after acquiring an additional 17,384 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Thor Industries by 23.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 433,916 shares of the construction company’s stock valued at $24,577,000 after acquiring an additional 83,277 shares during the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in Thor Industries by 17.1% during the 3rd quarter. Hanson & Doremus Investment Management now owns 11,327 shares of the construction company’s stock valued at $642,000 after acquiring an additional 1,650 shares during the last quarter. 95.10% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on THO. BMO Capital Markets increased their price objective on shares of Thor Industries from $59.00 to $62.00 and gave the company a “market perform” rating in a research note on Tuesday, December 10th. SunTrust Banks increased their price objective on shares of Thor Industries from $76.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. KeyCorp began coverage on shares of Thor Industries in a research note on Monday, January 27th. They set an “overweight” rating and a $95.00 price objective on the stock. ValuEngine downgraded shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, November 20th. Finally, Bank of America reduced their price objective on shares of Thor Industries from $47.00 to $45.00 and set an “underperform” rating on the stock in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. Thor Industries currently has a consensus rating of “Hold” and an average target price of $73.40.

Shares of NYSE:THO traded down $0.22 on Friday, reaching $86.66. 590,597 shares of the company’s stock were exchanged, compared to its average volume of 782,310. The firm has a market capitalization of $4.80 billion, a price-to-earnings ratio of 28.14, a PEG ratio of 2.33 and a beta of 2.00. Thor Industries, Inc. has a fifty-two week low of $42.05 and a fifty-two week high of $88.75. The business’s 50-day moving average is $78.29 and its two-hundred day moving average is $63.10. The company has a quick ratio of 0.75, a current ratio of 1.38 and a debt-to-equity ratio of 0.84.

Thor Industries (NYSE:THO) last issued its earnings results on Monday, December 9th. The construction company reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.27. The company had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Thor Industries had a net margin of 2.06% and a return on equity of 15.72%. The firm’s revenue was up 22.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 earnings per share. Analysts predict that Thor Industries, Inc. will post 5.97 earnings per share for the current fiscal year.

Thor Industries Company Profile

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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