Barclays PLC Buys 23,396 Shares of THOR Industries, Inc. (NYSE:THO)

Barclays PLC raised its stake in THOR Industries, Inc. (NYSE:THOFree Report) by 36.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,000 shares of the construction company’s stock after acquiring an additional 23,396 shares during the quarter. Barclays PLC’s holdings in THOR Industries were worth $8,276,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Indiana Trust & Investment Management CO purchased a new stake in THOR Industries in the 3rd quarter worth approximately $169,000. Choreo LLC purchased a new stake in THOR Industries in the 2nd quarter worth approximately $457,000. Hosking Partners LLP increased its holdings in shares of THOR Industries by 9.7% in the 2nd quarter. Hosking Partners LLP now owns 74,772 shares of the construction company’s stock worth $7,739,000 after buying an additional 6,624 shares during the last quarter. Atria Investments Inc increased its holdings in shares of THOR Industries by 7.5% in the 2nd quarter. Atria Investments Inc now owns 69,352 shares of the construction company’s stock worth $7,178,000 after buying an additional 4,845 shares during the last quarter. Finally, Advisor OS LLC increased its holdings in shares of THOR Industries by 4.3% in the 3rd quarter. Advisor OS LLC now owns 7,365 shares of the construction company’s stock worth $701,000 after buying an additional 301 shares during the last quarter. 96.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at THOR Industries

In related news, COO W. Todd Woelfer sold 3,334 shares of THOR Industries stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $112.50, for a total transaction of $375,075.00. Following the completion of the transaction, the chief operating officer now directly owns 101,680 shares of the company’s stock, valued at approximately $11,439,000. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 4.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on THO shares. BMO Capital Markets increased their price target on shares of THOR Industries from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Truist Financial increased their target price on shares of THOR Industries from $96.00 to $105.00 and gave the company a “hold” rating in a report on Tuesday, January 9th. Finally, Citigroup increased their target price on shares of THOR Industries from $94.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, December 4th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $100.00.

View Our Latest Report on THO

THOR Industries Trading Up 0.1 %

NYSE:THO opened at $115.01 on Thursday. The company has a 50-day moving average price of $113.48 and a 200-day moving average price of $104.25. THOR Industries, Inc. has a 12 month low of $74.50 and a 12 month high of $122.00. The company has a current ratio of 1.63, a quick ratio of 0.64 and a debt-to-equity ratio of 0.32. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 21.26 and a beta of 1.78.

THOR Industries (NYSE:THOGet Free Report) last posted its earnings results on Wednesday, December 6th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. THOR Industries had a net margin of 2.77% and a return on equity of 7.48%. The firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the company posted $2.53 EPS. The company’s quarterly revenue was down 19.5% compared to the same quarter last year. Equities analysts predict that THOR Industries, Inc. will post 6.67 EPS for the current year.

THOR Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Thursday, December 28th were given a dividend of $0.48 per share. The ex-dividend date was Wednesday, December 27th. This represents a $1.92 dividend on an annualized basis and a yield of 1.67%. THOR Industries’s dividend payout ratio (DPR) is currently 35.49%.

THOR Industries Profile

(Free Report)

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.

Further Reading

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

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