Strata Wealth Advisors LLC Sells 1,186 Shares of THOR Industries, Inc. (NYSE:THO)

Strata Wealth Advisors LLC decreased its stake in shares of THOR Industries, Inc. (NYSE:THO) by 16.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,890 shares of the construction company’s stock after selling 1,186 shares during the period. Strata Wealth Advisors LLC’s holdings in THOR Industries were worth $550,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Mather Group LLC. acquired a new position in shares of THOR Industries during the first quarter worth approximately $30,000. Tortoise Investment Management LLC boosted its position in THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock valued at $27,000 after buying an additional 124 shares during the last quarter. Parallel Advisors LLC boosted its position in THOR Industries by 70.8% in the 4th quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock valued at $35,000 after buying an additional 121 shares during the last quarter. Blue Trust Inc. raised its position in shares of THOR Industries by 548.1% during the second quarter. Blue Trust Inc. now owns 337 shares of the construction company’s stock worth $31,000 after acquiring an additional 285 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in shares of THOR Industries by 3,063.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 348 shares of the construction company’s stock valued at $41,000 after acquiring an additional 337 shares during the period. Institutional investors own 96.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on THO. BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price objective on shares of THOR Industries in a research report on Thursday, September 19th. Benchmark began coverage on shares of THOR Industries in a research note on Thursday, July 18th. They set a “hold” rating for the company. Truist Financial raised their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a research note on Friday. Citigroup dropped their target price on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating for the company in a research report on Friday, June 7th. Finally, Robert W. Baird reduced their price target on THOR Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, June 6th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, THOR Industries currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

THOR Industries Trading Down 0.3 %

THO opened at $103.19 on Tuesday. The firm’s fifty day moving average is $102.40 and its two-hundred day moving average is $101.19. The firm has a market cap of $5.49 billion, a PE ratio of 20.93 and a beta of 1.67. THOR Industries, Inc. has a twelve month low of $84.54 and a twelve month high of $129.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.74 and a current ratio of 1.65.

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.