Dalton Greiner Hartman Maher Co Lowers stake in Thor Industries (THO)

Thor Industries (THO) : Dalton Greiner Hartman Maher Co reduced its stake in Thor Industries by 2.85% during the most recent quarter end. The investment management company now holds a total of 638,516 shares of Thor Industries which is valued at $46,496,735 after selling 18,723 shares in Thor Industries , the firm said in a disclosure report filed with the SEC on Jul 13, 2016.Thor Industries makes up approximately 2.77% of Dalton Greiner Hartman Maher Co’s portfolio.

Other Hedge Funds, Including , Deroy Devereaux Private Investment Counsel Inc boosted its stake in THO in the latest quarter, The investment management firm added 1,947 additional shares and now holds a total of 190,788 shares of Thor Industries which is valued at $13,893,182. Thor Industries makes up approx 1.79% of Deroy Devereaux Private Investment Counsel Inc’s portfolio. Cutler Group Lp sold out all of its stake in THO during the most recent quarter. The investment firm sold 48 shares of THO which is valued $3,495.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. Washington Trust Bank sold out all of its stake in THO during the most recent quarter. The investment firm sold 1,280 shares of THO which is valued $91,123.

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.

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