Quantbot Technologies LP Has $77,000 Stake in THOR Industries, Inc. (NYSE:THO)

Quantbot Technologies LP cut its stake in shares of THOR Industries, Inc. (NYSE:THO) by 96.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 802 shares of the construction company’s stock after selling 19,301 shares during the quarter. Quantbot Technologies LP’s holdings in THOR Industries were worth $77,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in THO. Atala Financial Inc bought a new position in THOR Industries during the 4th quarter worth approximately $27,000. First Horizon Advisors Inc. lifted its holdings in THOR Industries by 57.3% in the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock valued at $32,000 after buying an additional 121 shares during the period. Stonebridge Financial Group LLC acquired a new stake in THOR Industries during the 4th quarter worth about $51,000. Tortoise Investment Management LLC raised its position in shares of THOR Industries by 78.3% in the 4th quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company’s stock worth $55,000 after acquiring an additional 253 shares in the last quarter. Finally, Anchor Investment Management LLC acquired a new position in shares of THOR Industries in the 3rd quarter valued at about $58,000. Institutional investors own 96.71% of the company’s stock.

THOR Industries Trading Down 1.5 %

THO opened at $75.91 on Tuesday. THOR Industries, Inc. has a fifty-two week low of $75.11 and a fifty-two week high of $118.85. The firm has a market capitalization of $4.04 billion, a PE ratio of 19.41, a P/E/G ratio of 1.16 and a beta of 1.74. 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 company’s 50-day moving average is $93.59 and its 200 day moving average is $101.07.

THOR Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.98 billion. THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The business’s revenue for the quarter was down 8.6% compared to the same quarter last year. During the same period last year, the company earned $0.13 earnings per share. As a group, research analysts predict that THOR Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

THOR Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Tuesday, April 8th. THOR Industries’s dividend payout ratio is 53.05%.

Analyst Ratings Changes

A number of brokerages have weighed in on THO. KeyCorp reiterated an “underweight” rating and issued a $65.00 target price on shares of THOR Industries in a report on Thursday, March 20th. Robert W. Baird cut their target price on shares of THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a research note on Thursday, March 6th. StockNews.com upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. BMO Capital Markets cut their price objective on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, March 6th. Finally, Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $93.00.

THOR Industries Company 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.