Thor Industries (THO) : Cim scooped up 50 additional shares in Thor Industries during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 7,540 shares of Thor Industries which is valued at $557,734.Thor Industries makes up approximately 0.27% of Cim’s portfolio.
Other Hedge Funds, Including , Eqis Capital Management boosted its stake in THO in the latest quarter, The investment management firm added 1,519 additional shares and now holds a total of 8,604 shares of Thor Industries which is valued at $636,438. Thor Industries makes up approx 0.04% of Eqis Capital Management’s portfolio.First United Bank Trust boosted its stake in THO in the latest quarter, The investment management firm added 930 additional shares and now holds a total of 4,455 shares of Thor Industries which is valued at $324,413. Thor Industries makes up approx 0.27% of First United Bank Trust’s portfolio.Creative Planning boosted its stake in THO in the latest quarter, The investment management firm added 380 additional shares and now holds a total of 652 shares of Thor Industries which is valued at $47,479.Raymond James Trust N.a. reduced its stake in THO by selling 688 shares or 17.45% in the most recent quarter. The Hedge Fund company now holds 3,254 shares of THO which is valued at $231,652. Thor Industries makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.
Thor Industries opened for trading at $73.59 and hit $74.01 on the upside on Monday, eventually ending the session at $73.97, with a gain of 0.27% or 0.2 points. The heightened volatility saw the trading volume jump to 5,69,064 shares. Company has a market cap of $3,882 M.
On the company’s financial health, Thor Industries reported $1.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jun 6, 2016. Analyst had a consensus of $1.43. The company had revenue of $1284.00 million for the quarter, compared to analysts expectations of $1292.80 million. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS.
Many Wall Street Analysts have commented on Thor Industries. Company shares were Reiterated by Wunderlich on Jun 7, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $70 .
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.