Fullcircle Wealth LLC Buys 607 Shares of THOR Industries, Inc. (NYSE:THO)

Fullcircle Wealth LLC raised its position in shares of THOR Industries, Inc. (NYSE:THO) by 13.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,171 shares of the construction company’s stock after acquiring an additional 607 shares during the period. Fullcircle Wealth LLC’s holdings in THOR Industries were worth $530,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Atala Financial Inc purchased a new position in THOR Industries during the 4th quarter valued at $27,000. First Horizon Advisors Inc. grew its holdings in 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 acquiring an additional 121 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of THOR Industries by 369.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company’s stock valued at $40,000 after purchasing an additional 329 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of THOR Industries in the 4th quarter worth approximately $51,000. Finally, Tortoise Investment Management LLC boosted its stake in shares of THOR Industries by 78.3% during the fourth quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company’s stock valued at $55,000 after purchasing an additional 253 shares in the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Wall Street Analyst Weigh In

THO has been the subject of a number of analyst reports. Baird R W cut THOR Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. DA Davidson raised THOR Industries to a “hold” rating in a research report on Monday, April 14th. Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $110.00 to $125.00 in a research report on Monday, March 3rd. KeyCorp decreased their price target on shares of THOR Industries from $65.00 to $60.00 and set an “underweight” rating for the company in a report on Thursday, April 17th. Finally, StockNews.com upgraded THOR Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $87.57.

THOR Industries Stock Down 0.7 %

Shares of THO stock opened at $73.71 on Thursday. THOR Industries, Inc. has a twelve month low of $63.16 and a twelve month high of $118.85. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. The stock has a 50 day moving average of $76.00 and a 200 day moving average of $93.91. The stock has a market cap of $3.92 billion, a P/E ratio of 18.85, a P/E/G ratio of 1.16 and a beta of 1.26.

THOR Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08). The company had revenue of $2.02 billion for the quarter, compared to analyst estimates 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 was down 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 earnings per share. As a group, sell-side analysts expect that THOR Industries, Inc. will post 4.64 EPS for the current year.

THOR Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Tuesday, April 8th. THOR Industries’s dividend payout ratio is currently 53.05%.

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.