Jump Financial LLC Purchases 6,725 Shares of THOR Industries, Inc. (NYSE:THO)

Jump Financial LLC lifted its position in shares of THOR Industries, Inc. (NYSE:THO - Free Report) by 75.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,636 shares of the construction company's stock after purchasing an additional 6,725 shares during the period. Jump Financial LLC's holdings in THOR Industries were worth $1,497,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Atala Financial Inc bought a new position in shares of THOR Industries during the fourth quarter valued at approximately $27,000. First Horizon Advisors Inc. lifted its position in shares of THOR Industries by 57.3% in the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock worth $32,000 after purchasing an additional 121 shares during the period. Brown Brothers Harriman & Co. increased its position in shares of THOR Industries by 369.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company's stock valued at $40,000 after buying an additional 329 shares during the period. Stonebridge Financial Group LLC bought a new position in THOR Industries in the fourth quarter worth about $51,000. Finally, Tortoise Investment Management LLC boosted its position in THOR Industries by 78.3% during the 4th quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company's stock valued at $55,000 after acquiring an additional 253 shares in the last quarter. Hedge funds and other institutional investors own 96.71% of the company's stock.

THOR Industries Stock Performance

THOR Industries stock traded down $1.52 during midday trading on Friday, reaching $73.00. 79,522 shares of the company traded hands, compared to its average volume of 845,667. THOR Industries, Inc. has a 12 month low of $63.15 and a 12 month high of $118.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The business has a 50 day moving average of $80.88 and a two-hundred day moving average of $96.19. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 1.16 and a beta of 1.59.

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

THOR Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 8th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $2.00 annualized dividend and a yield of 2.74%. THOR Industries's dividend payout ratio (DPR) is presently 53.05%.

Analyst Ratings Changes

THO has been the topic of several research reports. Robert W. Baird lowered THOR Industries from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $100.00 to $85.00 in a research report on Friday, April 4th. Baird R W lowered shares of THOR Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. DA Davidson raised shares of THOR Industries to a "hold" rating in a research note on Monday, April 14th. Bank of America raised THOR Industries from a "neutral" rating to a "buy" rating and raised their price objective for the company from $110.00 to $125.00 in a research report on Monday, March 3rd. Finally, KeyCorp cut their target price on THOR Industries from $65.00 to $60.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $87.57.

About THOR Industries

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.