Advisor OS LLC Sells 2,376 Shares of THOR Industries, Inc. (NYSE:THO)

Advisor OS LLC lessened its position in THOR Industries, Inc. (NYSE:THO) by 47.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,616 shares of the construction company’s stock after selling 2,376 shares during the period. Advisor OS LLC’s holdings in THOR Industries were worth $250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its position in THOR Industries by 8.7% in the fourth quarter. Bank of New York Mellon Corp now owns 580,997 shares of the construction company’s stock worth $55,607,000 after acquiring an additional 46,283 shares during the period. First Horizon Advisors Inc. raised its position in THOR Industries by 57.3% in the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company’s stock worth $32,000 after acquiring an additional 121 shares during the period. Kestra Investment Management LLC bought a new stake in shares of THOR Industries during the 4th quarter valued at $65,000. Venturi Wealth Management LLC raised its position in shares of THOR Industries by 1.7% during the 4th quarter. Venturi Wealth Management LLC now owns 6,312 shares of the construction company’s stock valued at $604,000 after purchasing an additional 108 shares during the period. Finally, Sanctuary Advisors LLC raised its position in shares of THOR Industries by 0.5% during the 4th quarter. Sanctuary Advisors LLC now owns 21,614 shares of the construction company’s stock valued at $2,278,000 after purchasing an additional 113 shares during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

THOR Industries Stock Performance

Shares of NYSE THO opened at $98.30 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71. The company has a market cap of $5.23 billion, a P/E ratio of 25.14, a P/E/G ratio of 1.16 and a beta of 1.69. The firm’s fifty day moving average is $99.72 and its two-hundred day moving average is $104.19. THOR Industries, Inc. has a 52-week low of $88.37 and a 52-week high of $129.31.

THOR Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a yield of 2.03%. THOR Industries’s dividend payout ratio is currently 51.15%.

Analyst Ratings Changes

THO has been the topic of several recent analyst reports. Bank of America initiated coverage on shares of THOR Industries in a research report on Friday, December 13th. They set a “neutral” rating and a $120.00 price objective on the stock. Truist Financial raised their price objective on shares of THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a research report on Monday, February 10th. Benchmark restated a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Finally, StockNews.com upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a research report on Thursday. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target 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.