Osborn Williams & Donohoe LLC Buys New Holdings in Thor Industries, Inc. (NYSE:THO)

Osborn Williams & Donohoe LLC acquired a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 585 shares of the construction company’s stock, valued at approximately $39,000.

Several other institutional investors have also recently modified their holdings of the company. Ardevora Asset Management LLP bought a new stake in Thor Industries in the fourth quarter worth about $34,736,000. Scout Investments Inc. raised its stake in shares of Thor Industries by 1,031.2% during the first quarter. Scout Investments Inc. now owns 674,971 shares of the construction company’s stock valued at $42,098,000 after acquiring an additional 615,304 shares in the last quarter. Norges Bank bought a new stake in shares of Thor Industries during the fourth quarter valued at approximately $29,604,000. American Century Companies Inc. raised its stake in shares of Thor Industries by 48.5% during the fourth quarter. American Century Companies Inc. now owns 1,366,347 shares of the construction company’s stock valued at $71,050,000 after acquiring an additional 446,444 shares in the last quarter. Finally, Reinhart Partners Inc. raised its stake in shares of Thor Industries by 1,084.4% during the fourth quarter. Reinhart Partners Inc. now owns 376,510 shares of the construction company’s stock valued at $19,579,000 after acquiring an additional 344,720 shares in the last quarter. Hedge funds and other institutional investors own 87.06% of the company’s stock.

Shares of Thor Industries stock traded down $1.45 during trading hours on Wednesday, reaching $55.11. The stock had a trading volume of 826,711 shares, compared to its average volume of 839,900. The company has a market cap of $3.08 billion, a P/E ratio of 6.45, a price-to-earnings-growth ratio of 0.73 and a beta of 1.70. Thor Industries, Inc. has a twelve month low of $47.71 and a twelve month high of $109.94.

Thor Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, March 6th. The construction company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.23). The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.58 billion. Thor Industries had a return on equity of 17.27% and a net margin of 3.21%. The company’s revenue was down 34.5% on a year-over-year basis. During the same quarter last year, the company posted $1.51 EPS. As a group, sell-side analysts expect that Thor Industries, Inc. will post 5.55 earnings per share for the current fiscal year.

Several brokerages recently issued reports on THO. ValuEngine raised shares of Thor Industries from a “strong sell” rating to a “sell” rating in a report on Tuesday, February 19th. Zacks Investment Research lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. SunTrust Banks lifted their price objective on shares of Thor Industries to $85.00 and gave the company a “buy” rating in a report on Tuesday, February 12th. BMO Capital Markets lowered shares of Thor Industries from an “outperform” rating to a “market perform” rating and set a $63.00 price target on the stock. in a report on Monday, February 4th. Finally, Jefferies Financial Group assumed coverage on shares of Thor Industries in a report on Thursday, March 28th. They issued a “hold” rating and a $65.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Thor Industries currently has a consensus rating of “Hold” and a consensus price target of $90.89.

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Thor Industries Profile

Thor Industries, Inc, through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States and Canada. It operates in two segments, Towable Recreational Vehicles and Motorized Recreational Vehicles. The company offers travel trailers under the Airstream Classic, International, Tommy Bahama, Flying Cloud, Sport, Basecamp, and Nest travel trade names, as well as Interstate series of Class B motorhomes; 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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Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

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