Value Holdings Lp buys $8.3 Million stake in Thor Industries (THO)

Thor Industries (THO) : Value Holdings Lp scooped up 3,000 additional shares in Thor Industries during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 129,076 shares of Thor Industries which is valued at $8.3 Million.Thor Industries makes up approximately 5.41% of Value Holdings Lp’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in THO in the latest quarter, The investment management firm added 229 additional shares and now holds a total of 41,776 shares of Thor Industries which is valued at $2.7 Million.Blackrock Investment Management reduced its stake in THO by selling 2,279 shares or 0.97% in the most recent quarter. The Hedge Fund company now holds 233,004 shares of THO which is valued at $14.9 Million. Thor Industries makes up approx 0.02% of Blackrock Investment Management’s portfolio.Killen Group Inc reduced its stake in THO by selling 2,375 shares or 37.88% in the most recent quarter. The Hedge Fund company now holds 3,895 shares of THO which is valued at $249,358. Thor Industries makes up approx 0.03% of Killen Group Inc’s portfolio.

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.

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