7,508 Shares in THOR Industries, Inc. (NYSE:THO) Purchased by Everpar Advisors LLC

Everpar Advisors LLC bought a new stake in shares of THOR Industries, Inc. (NYSE:THO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,508 shares of the construction company's stock, valued at approximately $888,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in THO. Palestra Capital Management LLC bought a new position in shares of THOR Industries in the third quarter valued at approximately $68,187,000. Pacer Advisors Inc. boosted its holdings in shares of THOR Industries by 56.7% in the fourth quarter. Pacer Advisors Inc. now owns 725,667 shares of the construction company's stock valued at $85,810,000 after acquiring an additional 262,478 shares in the last quarter. Choreo LLC boosted its holdings in shares of THOR Industries by 5,082.0% in the third quarter. Choreo LLC now owns 228,839 shares of the construction company's stock valued at $21,769,000 after acquiring an additional 224,423 shares in the last quarter. Vanguard Group Inc. boosted its holdings in THOR Industries by 4.1% during the third quarter. Vanguard Group Inc. now owns 5,270,059 shares of the construction company's stock worth $501,341,000 after buying an additional 208,343 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in THOR Industries by 50.6% during the third quarter. Envestnet Asset Management Inc. now owns 592,366 shares of the construction company's stock worth $56,352,000 after buying an additional 198,982 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

THOR Industries Trading Up 1.5 %

THOR Industries stock traded up $1.51 during midday trading on Wednesday, reaching $102.88. The stock had a trading volume of 365,804 shares, compared to its average volume of 464,933. The firm's fifty day simple moving average is $107.77 and its two-hundred day simple moving average is $108.52. THOR Industries, Inc. has a twelve month low of $75.93 and a twelve month high of $129.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.75 and a quick ratio of 0.65. The firm has a market cap of $5.49 billion, a price-to-earnings ratio of 20.24 and a beta of 1.80.

THOR Industries (NYSE:THO - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The construction company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.54). THOR Industries had a return on equity of 7.28% and a net margin of 2.62%. The firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the business posted $0.50 EPS. The company's revenue for the quarter was down 5.9% on a year-over-year basis. Equities analysts anticipate that THOR Industries, Inc. will post 5.37 EPS for the current fiscal year.

THOR Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 9th were given a $0.48 dividend. The ex-dividend date was Monday, April 8th. This represents a $1.92 dividend on an annualized basis and a yield of 1.87%. THOR Industries's payout ratio is 38.10%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on THO shares. TheStreet cut shares of THOR Industries from a "b-" rating to a "c+" rating in a report on Monday, March 18th. Citigroup upgraded shares of THOR Industries from a "neutral" rating to a "buy" rating and raised their target price for the stock from $111.00 to $122.00 in a report on Friday, March 15th. Truist Financial raised their target price on shares of THOR Industries from $96.00 to $105.00 and gave the stock a "hold" rating in a report on Tuesday, January 9th. Finally, Robert W. Baird raised their target price on shares of THOR Industries from $115.00 to $120.00 and gave the stock an "outperform" rating in a report on Thursday, March 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, THOR Industries currently has an average rating of "Moderate Buy" and an average price target of $104.00.

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.

Want to see what other hedge funds are holding THO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for THOR Industries, Inc. (NYSE:THO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.