Sanctuary Advisors LLC Buys 113 Shares of THOR Industries, Inc. (NYSE:THO)

Sanctuary Advisors LLC grew its stake in shares of THOR Industries, Inc. (NYSE:THO) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,614 shares of the construction company’s stock after acquiring an additional 113 shares during the period. Sanctuary Advisors LLC’s holdings in THOR Industries were worth $2,278,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of THO. JPMorgan Chase & Co. grew its position in shares of THOR Industries by 37.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company’s stock valued at $165,078,000 after acquiring an additional 411,466 shares during the period. Natixis Advisors LLC grew its position in shares of THOR Industries by 51.3% during the 3rd quarter. Natixis Advisors LLC now owns 504,922 shares of the construction company’s stock valued at $55,486,000 after acquiring an additional 171,244 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of THOR Industries by 46.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 501,479 shares of the construction company’s stock valued at $55,108,000 after acquiring an additional 159,022 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of THOR Industries during the 3rd quarter valued at approximately $13,229,000. Finally, Wellington Management Group LLP bought a new position in shares of THOR Industries during the 3rd quarter valued at approximately $7,682,000. 96.71% of the stock is owned by institutional investors.

THOR Industries Stock Performance

NYSE THO opened at $99.06 on Friday. THOR Industries, Inc. has a 1 year low of $88.37 and a 1 year high of $129.31. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The stock has a market capitalization of $5.27 billion, a PE ratio of 25.34, a P/E/G ratio of 1.16 and a beta of 1.69. The company’s 50 day simple moving average is $99.60 and its two-hundred day simple moving average is $104.21.

THOR Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.02%. The ex-dividend date was Monday, January 6th. THOR Industries’s dividend payout ratio is presently 51.15%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on THO shares. Bank of America started coverage on shares of THOR Industries in a research note on Friday, December 13th. They set a “neutral” rating and a $120.00 price target on the stock. Truist Financial upped their price target on shares of THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a research note on Monday, February 10th. StockNews.com cut shares of THOR Industries from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Benchmark restated a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $113.17.

About THOR Industries

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.