Indiana Trust & Investment Management CO acquired a new position in shares of Thor Industries, Inc. (NYSE:THO) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 1,773 shares of the construction company’s stock, valued at approximately $239,000.
Other large investors also recently bought and sold shares of the company. QV Investors Inc. increased its holdings in shares of Thor Industries by 18.9% during the 4th quarter. QV Investors Inc. now owns 113,496 shares of the construction company’s stock worth $10,554,000 after purchasing an additional 18,032 shares during the period. New York State Teachers Retirement System increased its holdings in shares of Thor Industries by 3.1% during the 4th quarter. New York State Teachers Retirement System now owns 70,620 shares of the construction company’s stock worth $6,567,000 after purchasing an additional 2,100 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Thor Industries by 28.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 14,780 shares of the construction company’s stock worth $1,374,000 after purchasing an additional 3,280 shares during the period. Brandywine Global Investment Management LLC increased its holdings in shares of Thor Industries by 1,224.8% during the 4th quarter. Brandywine Global Investment Management LLC now owns 255,474 shares of the construction company’s stock worth $23,757,000 after purchasing an additional 236,190 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of Thor Industries by 85.7% during the 4th quarter. Hsbc Holdings PLC now owns 10,282 shares of the construction company’s stock worth $969,000 after purchasing an additional 4,744 shares during the period. Institutional investors own 93.13% of the company’s stock.
In other Thor Industries news, VP W. Todd Woelfer sold 5,000 shares of the business’s stock in a transaction dated Monday, January 25th. The shares were sold at an average price of $112.50, for a total value of $562,500.00. Following the completion of the transaction, the vice president now directly owns 50,392 shares of the company’s stock, valued at $5,669,100. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director J Allen Kosowsky sold 5,197 shares of the business’s stock in a transaction dated Thursday, January 14th. The stock was sold at an average price of $102.90, for a total transaction of $534,771.30. Following the completion of the transaction, the director now directly owns 12,023 shares of the company’s stock, valued at $1,237,166.70. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,729 shares of company stock valued at $1,926,388. Insiders own 4.10% of the company’s stock.
NYSE:THO traded down $1.90 on Thursday, reaching $133.34. The stock had a trading volume of 2,530 shares, compared to its average volume of 762,303. The company has a market capitalization of $7.38 billion, a P/E ratio of 26.31 and a beta of 2.42. Thor Industries, Inc. has a 1-year low of $42.61 and a 1-year high of $152.20. The company has a quick ratio of 0.75, a current ratio of 1.40 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average price of $130.46 and a 200-day moving average price of $106.98.
Thor Industries (NYSE:THO) last released its quarterly earnings results on Monday, March 8th. The construction company reported $2.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.60 by $0.78. Thor Industries had a net margin of 3.34% and a return on equity of 13.15%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the previous year, the business earned $0.52 earnings per share. The company’s revenue for the quarter was up 36.1% compared to the same quarter last year. Sell-side analysts predict that Thor Industries, Inc. will post 7.76 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, April 16th. Shareholders of record on Friday, April 2nd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Wednesday, March 31st. Thor Industries’s dividend payout ratio is presently 34.60%.
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. It offers travel trailers under the Airstream Classic, Globetrotter, International, Flying Cloud, Caravel, Bambi, and Basecamp trade names; Class B motorhomes under the Interstate and Atlas series, and Sequence and Tellaro trade names; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names.
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