Northwestern Mutual Investment Management Company LLC Has $793,000 Position in Thor Industries, Inc. (THO)

Northwestern Mutual Investment Management Company LLC Has $793,000 Position in Thor Industries, Inc. (THO)

Other institutional investors have also recently made changes to their positions in the company. Winslow Evans & Crocker Inc. purchased a new position in shares of Thor Industries during the first quarter valued at about $154,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Thor Industries by 72.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,621 shares of the construction company’s stock valued at $156,000 after buying an additional 682 shares during the period. Atria Investments LLC increased its position in shares of Thor Industries by 6.1% in the first quarter. Atria Investments LLC now owns 2,219 shares of the construction company’s stock valued at $213,000 after buying an additional 128 shares during the period. Deschutes Portfolio Strategy LLC purchased a new position in shares of Thor Industries during the first quarter valued at about $226,000. Finally, Monetary Management Group Inc. purchased a new position in shares of Thor Industries during the fourth quarter valued at about $283,000. 87.58% of the stock is owned by institutional investors.

Northwestern Mutual Investment Management Company LLC continued to hold its position in shares of Thor Industries, Inc. (NYSE:THO) during the first quarter, Holdings Channel reports. The institutional investor owned 8,247 shares of the construction company’s stock at the end of the first quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Thor Industries were worth $793,000 at the end of the most recent reporting period.

Shares of Thor Industries, Inc. (THO) traded down 0.30% during midday trading on Wednesday, reaching $90.53. 725,038 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $93.23 and its 200 day moving average price is $99.28. Thor Industries, Inc. has a 52-week low of $60.05 and a 52-week high of $115.74. The firm has a market capitalization of $4.76 billion, a P/E ratio of 15.65 and a beta of 1.25.

Thor Industries (NYSE:THO) last announced its earnings results on Monday, March 6th. The construction company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.22 by $0.01. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Thor Industries had a return on equity of 23.74% and a net margin of 5.41%. The business’s revenue for the quarter was up 62.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.97 earnings per share. On average, equities research analysts anticipate that Thor Industries, Inc. will post $6.43 EPS for the current fiscal year.

THO has been the topic of a number of recent analyst reports. Wunderlich lifted their price objective on shares of Thor Industries from $80.00 to $94.00 and gave the company a “buy” rating in a research note on Tuesday, March 7th. Zacks Investment Research upgraded shares of Thor Industries from a “hold” rating to a “buy” rating and set a $103.00 price objective on the stock in a research note on Wednesday, May 10th. Citigroup Inc restated a “buy” rating and set a $111.00 price objective (down from $117.00) on shares of Thor Industries in a research note on Saturday, April 22nd. SunTrust Banks, Inc. set a $125.00 price objective on shares of Thor Industries and gave the company a “buy” rating in a research note on Thursday, April 20th. Finally, Robert W. Baird upgraded shares of Thor Industries from a “neutral” rating to an “outperform” rating and set a $120.00 price objective on the stock in a research note on Wednesday, February 8th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Thor Industries has a consensus rating of “Buy” and an average target price of $106.74.

Thor Industries Company Profile

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “THO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding THO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Thor Industries, Inc. (NYSE:THO).

Related posts

Leave a Comment