Amundi Has $415,000 Stock Holdings in THOR Industries, Inc. (NYSE:THO)

Amundi increased its position in shares of THOR Industries, Inc. (NYSE:THO) by 26.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,354 shares of the construction company’s stock after acquiring an additional 905 shares during the period. Amundi’s holdings in THOR Industries were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of THO. First Horizon Advisors Inc. increased its stake in shares of THOR Industries by 57.3% in the fourth 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. Brooklyn Investment Group bought a new position in THOR Industries in the 3rd quarter worth approximately $38,000. Anchor Investment Management LLC bought a new position in THOR Industries in the 3rd quarter worth approximately $58,000. Stonebridge Financial Group LLC bought a new stake in shares of THOR Industries during the 4th quarter valued at $51,000. Finally, Blue Trust Inc. raised its position in shares of THOR Industries by 22.1% during the 4th quarter. Blue Trust Inc. now owns 669 shares of the construction company’s stock valued at $64,000 after acquiring an additional 121 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

THO has been the subject of a number of research analyst reports. DA Davidson reduced their target price on shares of THOR Industries from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Friday, March 7th. StockNews.com upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 27th. Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and increased their price target for the stock from $110.00 to $125.00 in a research report on Monday, March 3rd. Benchmark restated a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Finally, BMO Capital Markets cut their price target on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, THOR Industries has a consensus rating of “Hold” and an average target price of $93.00.

THOR Industries Trading Down 1.0 %

NYSE:THO opened at $80.33 on Friday. THOR Industries, Inc. has a one year low of $75.78 and a one year 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 firm has a 50-day moving average of $96.39 and a 200-day moving average of $102.20. The company has a market cap of $4.27 billion, a PE ratio of 20.54, a PEG ratio of 1.16 and a beta of 1.74.

THOR Industries (NYSE:THO) last issued its quarterly earnings data 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). THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was down 8.6% on a year-over-year basis. As a group, equities research analysts expect that THOR Industries, Inc. will post 4.64 EPS for the current fiscal year.

THOR Industries Profile

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.