Scott & Selber Inc. purchased a new stake in Thor Industries, Inc. (NYSE:THO) during the second quarter, according to its most recent filing with the SEC. The fund purchased 14,787 shares of the construction company’s stock, valued at approximately $1,546,000.

Several other institutional investors have also bought and sold shares of THO. State Treasurer State of Michigan increased its position in shares of Thor Industries by 0.5% in the first quarter. State Treasurer State of Michigan now owns 19,400 shares of the construction company’s stock worth $1,865,000 after buying an additional 100 shares during the period. Value Holdings Management CO. LLC increased its position in shares of Thor Industries by 18.8% in the first quarter. Value Holdings Management CO. LLC now owns 209,576 shares of the construction company’s stock worth $16,584,000 after buying an additional 33,100 shares during the period. Great West Life Assurance Co. Can increased its position in shares of Thor Industries by 10.3% in the first quarter. Great West Life Assurance Co. Can now owns 38,628 shares of the construction company’s stock worth $3,713,000 after buying an additional 3,600 shares during the period. Geneva Advisors LLC increased its position in shares of Thor Industries by 156.7% in the first quarter. Geneva Advisors LLC now owns 5,250 shares of the construction company’s stock worth $505,000 after buying an additional 3,205 shares during the period. Finally, Thomas Story & Son LLC purchased a new position in shares of Thor Industries during the first quarter worth approximately $1,565,000. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Thor Industries, Inc. (NYSE THO) opened at 107.51 on Tuesday. Thor Industries, Inc. has a 12 month low of $74.00 and a 12 month high of $115.74. The firm’s 50 day moving average is $104.42 and its 200-day moving average is $101.07. The firm has a market capitalization of $5.65 billion, a PE ratio of 16.78 and a beta of 1.40. Thor Industries also was the target of some unusual options trading on Monday. Investors purchased 12,680 call options on the stock. This represents an increase of 1,256% compared to the typical volume of 935 call options.

Thor Industries (NYSE:THO) last posted its earnings results on Monday, June 5th. The construction company reported $2.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.24. Thor Industries had a return on equity of 24.83% and a net margin of 5.11%. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same period in the previous year, the company earned $1.51 EPS. The company’s revenue for the quarter was up 56.9% on a year-over-year basis. On average, analysts expect that Thor Industries, Inc. will post $6.78 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Scott & Selber Inc. Purchases Shares of 14,787 Thor Industries, Inc. (THO)” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/08/29/scott-selber-inc-purchases-shares-of-14787-thor-industries-inc-tho.html.

A number of equities analysts have commented on THO shares. Stifel Nicolaus reaffirmed a “hold” rating on shares of Thor Industries in a research note on Wednesday, August 16th. BidaskClub raised shares of Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research note on Saturday, June 24th. Citigroup Inc. reaffirmed a “buy” rating and set a $118.00 target price (up from $111.00) on shares of Thor Industries in a research note on Friday, June 9th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $110.00 target price on shares of Thor Industries in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $109.22.

In related news, Director Alan Siegel sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $109.45, for a total value of $109,450.00. Following the completion of the sale, the director now directly owns 4,988 shares in the company, valued at approximately $545,936.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 6.60% of the stock is currently owned by insiders.

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.

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

Receive News & Stock Ratings for Thor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries Inc. and related stocks with our FREE daily email newsletter.