Caprock Group LLC Has $444,000 Stock Holdings in THOR Industries, Inc. (NYSE:THO)

Caprock Group LLC raised its position in shares of THOR Industries, Inc. (NYSE:THO) by 55.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,751 shares of the construction company’s stock after purchasing an additional 1,690 shares during the period. Caprock Group LLC’s holdings in THOR Industries were worth $444,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in THO. Tortoise Investment Management LLC boosted its stake in shares of THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock valued at $27,000 after purchasing an additional 124 shares in the last quarter. Mather Group LLC. acquired a new stake in THOR Industries in the first quarter valued at approximately $30,000. Blue Trust Inc. boosted its position in THOR Industries by 548.1% in the second quarter. Blue Trust Inc. now owns 337 shares of the construction company’s stock valued at $31,000 after buying an additional 285 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of THOR Industries during the second quarter worth $33,000. Finally, Parallel Advisors LLC increased its holdings in shares of THOR Industries by 70.8% during the fourth quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock worth $35,000 after buying an additional 121 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Benchmark started coverage on THOR Industries in a research report on Thursday, July 18th. They set a “hold” rating on the stock. Truist Financial lowered their price objective on THOR Industries from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, June 6th. Citigroup cut their target price on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Finally, Robert W. Baird reduced their target price on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, THOR Industries currently has a consensus rating of “Hold” and a consensus target price of $102.00.

THOR Industries Stock Performance

Shares of THO stock opened at $97.94 on Friday. The stock has a market capitalization of $5.21 billion, a PE ratio of 19.87 and a beta of 1.67. The business’s 50 day simple moving average is $101.19 and its 200 day simple moving average is $102.40. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.65 and a quick ratio of 0.74. THOR Industries, Inc. has a one year low of $84.54 and a one year high of $129.31.

THOR Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Wednesday, July 3rd were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Wednesday, July 3rd. THOR Industries’s dividend payout ratio (DPR) is presently 38.95%.

THOR Industries Company Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.