Robeco Institutional Asset Management B.V. Buys 3,279 Shares of Thor Industries (THO)

Robeco Institutional Asset Management B.V. raised its stake in shares of Thor Industries (NYSE:THO) by 9.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,276 shares of the construction company’s stock after purchasing an additional 3,279 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of Thor Industries worth $4,534,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quantitative Systematic Strategies LLC bought a new position in shares of Thor Industries in the first quarter valued at approximately $315,000. Sandy Spring Bank raised its stake in shares of Thor Industries by 163.1% in the first quarter. Sandy Spring Bank now owns 10,791 shares of the construction company’s stock valued at $1,243,000 after acquiring an additional 6,689 shares during the last quarter. LSV Asset Management raised its stake in shares of Thor Industries by 48.1% in the first quarter. LSV Asset Management now owns 183,869 shares of the construction company’s stock valued at $21,176,000 after acquiring an additional 59,700 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Thor Industries in the first quarter valued at approximately $388,000. Finally, Motley Fool Wealth Management LLC raised its stake in shares of Thor Industries by 7.3% in the first quarter. Motley Fool Wealth Management LLC now owns 106,876 shares of the construction company’s stock valued at $12,309,000 after acquiring an additional 7,312 shares during the last quarter. 85.80% of the stock is currently owned by institutional investors.

Thor Industries opened at $101.44 on Monday, Marketbeat reports. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.91. Thor Industries has a fifty-two week low of $87.96 and a fifty-two week high of $161.48. The company has a market capitalization of $5.35 billion, a P/E ratio of 14.31 and a beta of 1.38.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, March 7th. The construction company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.11. Thor Industries had a net margin of 5.38% and a return on equity of 28.42%. The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the previous year, the company posted $1.23 EPS. Thor Industries’s revenue was up 24.1% on a year-over-year basis. sell-side analysts forecast that Thor Industries will post 9.16 EPS for the current fiscal year.

A number of research firms have recently issued reports on THO. Zacks Investment Research cut shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, May 9th. ValuEngine cut shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, May 12th. Stifel Nicolaus set a $124.00 target price on shares of Thor Industries and gave the company a “hold” rating in a research note on Monday, May 7th. Argus upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a research note on Friday, March 16th. They noted that the move was a valuation call. Finally, BMO Capital Markets upgraded shares of Thor Industries from a “market perform” rating to an “outperform” rating and set a $102.00 price objective for the company in a research report on Tuesday, May 1st. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. Thor Industries currently has an average rating of “Hold” and an average target price of $123.11.

About Thor Industries

Thor Industries, Inc engages in the manufacture and sale of recreational vehicles. It operates through the following segments: Towable Recreational Vehicles, Motorized Recreational Vehicles, and Other. The Towable Recreational Vehicles segment includes operating entities such as Airstream, Heartland, Keystone, and KZ.

Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

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