Consolidated Planning Corp Raises Stock Holdings in THOR Industries, Inc. (NYSE:THO)

Consolidated Planning Corp boosted its holdings in THOR Industries, Inc. (NYSE:THO) by 14.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,467 shares of the construction company’s stock after buying an additional 823 shares during the quarter. Consolidated Planning Corp’s holdings in THOR Industries were worth $619,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. UMB Bank n.a. raised its position in THOR Industries by 2,050.0% in the 3rd quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock worth $28,000 after buying an additional 246 shares during the last quarter. Van ECK Associates Corp purchased a new position in THOR Industries in the 3rd quarter worth about $32,000. Brooklyn Investment Group purchased a new position in THOR Industries in the 3rd quarter worth about $38,000. Stonebridge Financial Group LLC purchased a new position in THOR Industries in the 4th quarter worth about $51,000. Finally, Anchor Investment Management LLC purchased a new position in THOR Industries in the 3rd quarter worth about $58,000. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on THO. Bank of America began coverage on THOR Industries in a research report on Friday, December 13th. They issued a “neutral” rating and a $120.00 target price for the company. Benchmark restated a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. StockNews.com upgraded THOR Industries from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Truist Financial boosted their price target on THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a research note on Monday. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $113.17.

THOR Industries Trading Down 1.4 %

Shares of NYSE:THO opened at $101.56 on Thursday. The stock has a 50 day moving average of $100.04 and a 200 day moving average of $104.20. The company has a market cap of $5.41 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 1.17 and a beta of 1.69. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. THOR Industries, Inc. has a 12-month low of $88.37 and a 12-month high of $129.31.

THOR Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.97%. THOR Industries’s dividend payout ratio (DPR) is presently 51.15%.

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.