THOR Industries, Inc. (NYSE:THO) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its holdings in THOR Industries, Inc. (NYSE:THO) by 26.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 864,808 shares of the construction company’s stock after selling 306,971 shares during the period. Pacer Advisors Inc. owned about 1.62% of THOR Industries worth $82,771,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of THO. Quarry LP purchased a new stake in shares of THOR Industries during the second quarter worth approximately $28,000. UMB Bank n.a. grew its position in THOR Industries by 2,050.0% during the 3rd quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock worth $28,000 after purchasing an additional 246 shares during the last quarter. Van ECK Associates Corp acquired a new position in THOR Industries in the 3rd quarter valued at about $32,000. Brooklyn Investment Group acquired a new position in shares of THOR Industries in the third quarter valued at approximately $38,000. Finally, Anchor Investment Management LLC purchased a new stake in shares of THOR Industries during the third quarter worth approximately $58,000. 96.71% of the stock is currently owned by institutional investors and hedge funds.

THOR Industries Trading Down 1.8 %

Shares of THOR Industries stock opened at $100.24 on Monday. The company has a 50-day moving average of $102.22 and a two-hundred day moving average of $104.03. THOR Industries, Inc. has a 12-month low of $88.37 and a 12-month high of $129.31. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. The stock has a market cap of $5.33 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68.

THOR Industries Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on THO shares. Truist Financial lowered their price objective on shares of THOR Industries from $105.00 to $98.00 and set a “hold” rating on the stock in a research report on Tuesday, January 7th. DA Davidson reaffirmed a “neutral” rating and issued a $95.00 target price on shares of THOR Industries in a report on Monday, September 30th. Bank of America started coverage on shares of THOR Industries in a report on Friday, December 13th. They set a “neutral” rating and a $120.00 price target for the company. StockNews.com raised THOR Industries from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Benchmark reissued a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $111.17.

THOR Industries 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.