LVW Advisors LLC Sells 266 Shares of THOR Industries, Inc. (NYSE:THO)

LVW Advisors LLC lessened its position in shares of THOR Industries, Inc. (NYSE:THO) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,999 shares of the construction company’s stock after selling 266 shares during the quarter. LVW Advisors LLC’s holdings in THOR Industries were worth $478,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Quarry LP acquired a new stake in THOR Industries during the second quarter worth $28,000. UMB Bank n.a. lifted its holdings in shares of 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 acquiring an additional 246 shares during the period. Van ECK Associates Corp bought a new stake in THOR Industries in the third quarter valued at about $32,000. Brooklyn Investment Group acquired a new position in THOR Industries in the third quarter worth about $38,000. Finally, Anchor Investment Management LLC bought a new position in THOR Industries during the third quarter worth about $58,000. 96.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup upped their price objective on THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday, September 26th. DA Davidson reiterated a “neutral” rating and set a $95.00 price objective on shares of THOR Industries in a research note on Monday, September 30th. Benchmark restated a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. Truist Financial dropped their target price on shares of THOR Industries from $105.00 to $98.00 and set a “hold” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com lowered shares of THOR Industries from a “hold” rating to a “sell” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $111.17.

THOR Industries Price Performance

Shares of THO opened at $101.97 on Tuesday. 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 $5.43 billion, a P/E ratio of 26.08, a price-to-earnings-growth ratio of 1.08 and a beta of 1.68. The stock’s 50-day moving average price is $102.84 and its two-hundred day moving average price is $103.75. THOR Industries, Inc. has a 1 year low of $88.37 and a 1 year high of $129.31.

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 issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date was Monday, January 6th. THOR Industries’s dividend payout ratio is currently 51.15%.

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.