Van Berkom & Associates Inc. Raises Holdings in Thor Industries (THO)

Van Berkom & Associates Inc. increased its stake in shares of Thor Industries (NYSE:THO) by 3.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 371,739 shares of the construction company’s stock after purchasing an additional 11,793 shares during the quarter. Van Berkom & Associates Inc. owned approximately 0.71% of Thor Industries worth $42,813,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Waratah Capital Advisors Ltd. purchased a new stake in shares of Thor Industries during the 1st quarter worth $9,678,000. 12th Street Asset Management Company LLC lifted its stake in shares of Thor Industries by 8.5% during the 1st quarter. 12th Street Asset Management Company LLC now owns 233,247 shares of the construction company’s stock worth $26,850,000 after purchasing an additional 18,187 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Thor Industries by 5.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 261,290 shares of the construction company’s stock worth $30,093,000 after purchasing an additional 14,198 shares during the last quarter. Chicago Equity Partners LLC lifted its stake in shares of Thor Industries by 28.7% during the 1st quarter. Chicago Equity Partners LLC now owns 30,145 shares of the construction company’s stock worth $3,472,000 after purchasing an additional 6,715 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Thor Industries by 9.1% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 39,276 shares of the construction company’s stock worth $4,534,000 after purchasing an additional 3,279 shares during the last quarter. Hedge funds and other institutional investors own 85.80% of the company’s stock.

A number of equities research analysts recently weighed in on THO shares. Stifel Nicolaus set a $124.00 price objective on Thor Industries and gave the stock a “hold” rating in a research note on Monday, May 7th. Zacks Investment Research cut Thor Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, May 9th. Northcoast Research cut Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 price objective for the company. in a research note on Friday, January 26th. Argus upgraded Thor Industries from a “hold” rating to a “buy” rating in a research note on Friday, March 16th. They noted that the move was a valuation call. Finally, BMO Capital Markets upgraded Thor Industries from a “market perform” rating to an “outperform” rating and set a $102.00 price objective for the company in a research note on Tuesday, May 1st. Three analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. Thor Industries presently has a consensus rating of “Hold” and an average price target of $123.11.



Shares of Thor Industries opened at $98.06 on Monday, Marketbeat reports. Thor Industries has a 1 year low of $97.01 and a 1 year high of $98.06. The stock has a market cap of $5.06 billion, a P/E ratio of 13.55 and a beta of 1.38. The company has a current ratio of 1.63, a quick ratio of 0.91 and a debt-to-equity ratio of 0.05.

Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, March 7th. The construction company reported $1.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.81 by $0.11. Thor Industries had a return on equity of 28.42% and a net margin of 5.38%. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the prior year, the company posted $1.23 EPS. The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. research analysts expect that Thor Industries will post 9.16 EPS for the current fiscal year.

About Thor Industries

Thor Industries, Inc engages in the manufacture and sale of recreational vehicles. It operates through the following segments: Towable Recreational Vehicles, Motorized Recreational Vehicles, and Other. The Towable Recreational Vehicles segment includes operating entities such as Airstream, Heartland, Keystone, and KZ.

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

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