THOR Industries, Inc. (NYSE:THO) Stock Position Decreased by Hosking Partners LLP

Hosking Partners LLP trimmed its position in shares of THOR Industries, Inc. (NYSE:THO) by 11.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,985 shares of the construction company’s stock after selling 8,514 shares during the quarter. Hosking Partners LLP owned approximately 0.12% of THOR Industries worth $6,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in THO. Van ECK Associates Corp bought a new position in THOR Industries during the third quarter valued at approximately $32,000. First Horizon Advisors Inc. increased its stake in shares of THOR Industries by 57.3% during the 4th 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 last quarter. Brooklyn Investment Group bought a new position in shares of THOR Industries during the 3rd quarter valued at $38,000. Stonebridge Financial Group LLC acquired a new stake in shares of THOR Industries in the 4th quarter valued at $51,000. Finally, Anchor Investment Management LLC acquired a new stake in shares of THOR Industries in the 3rd quarter valued at $58,000. Institutional investors own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Bank of America assumed coverage on shares of THOR Industries in a research report on Friday, December 13th. They set a “neutral” rating and a $120.00 target price on the stock. Benchmark reissued a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. StockNews.com upgraded THOR Industries from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Truist Financial upped their target price on THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a research report on Monday, February 10th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $113.17.

THOR Industries Price Performance

NYSE THO opened at $98.30 on Friday. The stock has a 50-day simple moving average of $99.72 and a 200 day simple moving average of $104.19. THOR Industries, Inc. has a twelve month low of $88.37 and a twelve month high of $129.31. The stock has a market capitalization of $5.23 billion, a PE ratio of 25.14, a P/E/G ratio of 1.16 and a beta of 1.69. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71.

THOR Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.03%. THOR Industries’s dividend payout ratio (DPR) is presently 51.15%.

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.