Dean Capital Management Lowers stake in Thor Industries (THO)

Thor Industries (THO) : Dean Capital Management reduced its stake in Thor Industries by 10.17% during the most recent quarter end. The investment management company now holds a total of 26,355 shares of Thor Industries which is valued at $1.7 Million after selling 2,985 shares in Thor Industries , the firm said in a disclosure report filed with the SEC on May 12, 2016.Thor Industries makes up approximately 2.42% of Dean Capital Management’s portfolio.

Other Hedge Funds, Including , Denver Investment Advisors boosted its stake in THO in the latest quarter, The investment management firm added 636 additional shares and now holds a total of 276,192 shares of Thor Industries which is valued at $17.7 Million. Thor Industries makes up approx 0.79% of Denver Investment Advisors’s portfolio.Solaris Asset Management reduced its stake in THO by selling 250 shares or 17.24% in the most recent quarter. The Hedge Fund company now holds 1,200 shares of THO which is valued at $76,860. Thor Industries makes up approx 0.05% of Solaris Asset Management’s portfolio.Amalgamated Bank boosted its stake in THO in the latest quarter, The investment management firm added 416 additional shares and now holds a total of 5,597 shares of Thor Industries which is valued at $358,488. Thor Industries makes up approx 0.04% of Amalgamated Bank’s portfolio.Copeland Capital Management reduced its stake in THO by selling 3,110 shares or 1.28% in the most recent quarter. The Hedge Fund company now holds 239,100 shares of THO which is valued at $15.3 Million. Thor Industries makes up approx 1.08% of Copeland Capital Management’s portfolio. Opus Capital Group sold out all of its stake in THO during the most recent quarter. The investment firm sold 173,534 shares of THO which is valued $11.2 Million.

Thor Industries opened for trading at $63.05 and hit $64.02 on the upside on Friday, eventually ending the session at $63.43, with a gain of 1.15% or 0.72 points. The heightened volatility saw the trading volume jump to 3,96,197 shares. Company has a market cap of $3,328,997 M.

On the company’s financial health, Thor Industries reported $0.97 EPS for the quarter, beating the analyst consensus estimate by $ 0.35 according to the earnings call on Mar 7, 2016. Analyst had a consensus of $0.62. The company had revenue of $975.07 million for the quarter, compared to analysts expectations of $916.94 million. The company’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Thor Industries Inc. (Thor) manufactures and sells various recreational vehicles (RV) throughout the United States and Canada as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition it also produces truck and folding campers and equestrian and other specialty towable recreational vehicles as well as Class A Class C and Class B motorhomes. The Company operates through two segments: towable recreational vehicles and motorized recreational vehicles. The Company through its operating subsidiaries manufactures recreational vehicles in North America. The subsidiaries are Airstream Inc. CrossRoads RV Thor Motor Coach Inc. Keystone RV Company Heartland Recreational Vehicles LLC Livin’ Lite RV Inc. Bison Coach K.Z. Inc. and Postle Operating LLC.

Leave a Reply

Thor Industries - Is it time to Sell?

Top Brokerage Firms are advising their investors on Thor Industries. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.