Deprince Race & Zollo Inc. Sells 45,501 Shares of THOR Industries, Inc. (NYSE:THO)

Deprince Race & Zollo Inc. trimmed its position in shares of THOR Industries, Inc. (NYSE:THO - Free Report) by 10.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 389,196 shares of the construction company's stock after selling 45,501 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.73% of THOR Industries worth $37,250,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crestline Management LP bought a new stake in shares of THOR Industries during the fourth quarter valued at approximately $883,000. Cetera Investment Advisers boosted its stake in THOR Industries by 5.0% during the fourth quarter. Cetera Investment Advisers now owns 38,518 shares of the construction company's stock worth $3,687,000 after buying an additional 1,820 shares in the last quarter. Captrust Financial Advisors increased its holdings in THOR Industries by 137.1% in the 4th quarter. Captrust Financial Advisors now owns 7,093 shares of the construction company's stock valued at $679,000 after buying an additional 4,101 shares during the period. Castlekeep Investment Advisors LLC acquired a new position in shares of THOR Industries in the 4th quarter valued at $440,000. Finally, Schonfeld Strategic Advisors LLC lifted its holdings in shares of THOR Industries by 148.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 5,959 shares of the construction company's stock worth $570,000 after acquiring an additional 3,559 shares during the period. 96.71% of the stock is currently owned by institutional investors.

THOR Industries Price Performance

THO traded up $0.22 during midday trading on Friday, hitting $76.48. The company had a trading volume of 314,462 shares, compared to its average volume of 632,302. THOR Industries, Inc. has a twelve month low of $63.16 and a twelve month high of $118.85. The firm's 50-day simple moving average is $75.17 and its 200-day simple moving average is $93.38. The company has a market capitalization of $4.07 billion, a PE ratio of 19.56, a P/E/G ratio of 1.16 and a beta of 1.26. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71.

THOR Industries (NYSE:THO - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.08). The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm's quarterly revenue was down 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 EPS. Equities research analysts predict that THOR Industries, Inc. will post 4.64 EPS for the current fiscal year.

THOR Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.62%. The ex-dividend date was Tuesday, April 8th. THOR Industries's dividend payout ratio is 53.05%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on THO shares. BMO Capital Markets dropped their price target on shares of THOR Industries from $120.00 to $105.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. Baird R W downgraded THOR Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Citigroup lowered THOR Industries from a "buy" rating to a "neutral" rating and decreased their price target for the company from $94.00 to $86.00 in a research note on Wednesday, March 19th. KeyCorp dropped their price objective on THOR Industries from $65.00 to $60.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. Finally, StockNews.com raised shares of THOR Industries from a "sell" rating to a "hold" rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $87.57.

THOR Industries Profile

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.