Amalgamated Bank increased its position in Thor Industries, Inc. (NYSE:THO) by 5.5% during the fourth quarter, HoldingsChannel reports. The firm owned 10,374 shares of the construction company’s stock after buying an additional 544 shares during the quarter. Amalgamated Bank’s holdings in Thor Industries were worth $1,564,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. bought a new position in shares of Thor Industries in the 4th quarter worth $134,000. Good Life Advisors LLC purchased a new stake in Thor Industries in the 4th quarter valued at $201,000. Indiana Trust & Investment Management CO purchased a new stake in Thor Industries in the 4th quarter valued at $203,000. CAPROCK Group Inc. purchased a new stake in Thor Industries in the 4th quarter valued at $231,000. Finally, FNY Partners Fund LP purchased a new stake in Thor Industries in the 4th quarter valued at $226,000. Institutional investors own 84.39% of the company’s stock.
A number of equities research analysts recently commented on THO shares. ValuEngine raised Thor Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Aegis raised Thor Industries from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research report on Thursday. They noted that the move was a valuation call. Northcoast Research reissued a “hold” rating on shares of Thor Industries in a research report on Tuesday, February 27th. Stifel Nicolaus set a $132.00 price target on Thor Industries and gave the company a “hold” rating in a research report on Friday, February 9th. Finally, Zacks Investment Research lowered Thor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. Thor Industries has a consensus rating of “Hold” and an average price target of $129.90.
Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, March 7th. The construction company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.11. Thor Industries had a return on equity of 29.18% and a net margin of 5.38%. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period last year, the firm posted $1.23 EPS. The business’s revenue was up 24.1% compared to the same quarter last year. sell-side analysts predict that Thor Industries, Inc. will post 9.24 earnings per share for the current year.
Thor Industries Profile
Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.
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