Thor Inds INC (THO) Shares Declined While Melvin Capital Management LP Increased Its Holding

Thor Industries, Inc. (NYSE:THO) LogoInvestors sentiment increased to 1.09 in Q2 2018. Its up 0.13, from 0.96 in 2018Q1. It improved, as 68 investors sold THO shares while 118 reduced holdings. 70 funds opened positions while 132 raised stakes. 44.32 million shares or 1.93% less from 45.19 million shares in 2018Q1 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,361 shares. Sfe Inv Counsel accumulated 2.66% or 65,967 shares. Muhlenkamp And Company has 44,793 shares for 1.66% of their portfolio. Intrust Bankshares Na holds 12,383 shares or 0.33% of its portfolio. Private Na reported 8,627 shares. Sg Americas Securities Limited Liability Com holds 0.02% or 23,022 shares. Sit Assocs invested in 0.06% or 24,475 shares. Dimensional Fund Advsr Lp has invested 0.03% in Thor Industries, Inc. (NYSE:THO). Weiss Multi holds 18,650 shares or 0.04% of its portfolio. Fmr Limited Liability Corp invested 0% in Thor Industries, Inc. (NYSE:THO). Hudson Bay Capital Mgmt Lp reported 13,904 shares or 0.02% of all its holdings. Northern Corporation stated it has 402,374 shares or 0.01% of all its holdings. New Mexico Educational Retirement Board accumulated 11,500 shares. Riggs Asset Managment Com holds 2.81% or 65,501 shares. Atria Investments Limited Company invested 0.02% in Thor Industries, Inc. (NYSE:THO).

Since October 9, 2018, it had 1 buying transaction, and 0 sales for $408,700 activity.

Melvin Capital Management Lp increased its stake in Thor Inds Inc (THO) by 247.63% based on its latest 2018Q2 regulatory filing with the SEC. Melvin Capital Management Lp bought 2.18M shares as the company’s stock declined 3.71% while stock markets rallied. The institutional investor held 3.06M shares of the consumer non-durables company at the end of 2018Q2, valued at $297.72M, up from 879,400 at the end of the previous reported quarter. Melvin Capital Management Lp who had been investing in Thor Inds Inc for a number of months, seems to be bullish on the $3.26 billion market cap company. The stock increased 2.29% or $1.38 during the last trading session, reaching $61.72. About 1.43M shares traded or 19.40% up from the average. Thor Industries, Inc. (NYSE:THO) has declined 14.37% since December 8, 2017 and is downtrending. It has underperformed by 29.99% the S&P500.

Melvin Capital Management Lp, which manages about $11.06B US Long portfolio, decreased its stake in Constellation Brands Inc (Call) (NYSE:STZ) by 68,000 shares to 3.60 million shares, valued at $787.17M in 2018Q2, according to the filing. It also reduced its holding in Hd Supply Hldgs Inc (NASDAQ:HDS) by 584,800 shares in the quarter, leaving it with 1.00M shares, and cut its stake in Wyndham Destinations Inc (NYSE:WYN).

More notable recent Thor Industries, Inc. (NYSE:THO) news were published by: Businesswire.com which released: “Tahoe Resources Mails and Files Meeting Materials in Connection with the Proposed Plan of Arrangement to Create the World’s Premier Silver Mining Company – Business Wire” on December 06, 2018, also Streetinsider.com with their article: “Pre-Open Movers 12/06: (TST) (MIK) (SHPG) Higher; (CNAT) (NPTN) (HOME) Lower (more…) – StreetInsider.com” published on December 06, 2018, Fool.com published: “Wall Street Has Given Up on These 3 Stocks, and That’s a Huge Mistake – The Motley Fool” on December 02, 2018. More interesting news about Thor Industries, Inc. (NYSE:THO) were released by: Seekingalpha.com and their article: “Recent Purchase: Thor Industries – Seeking Alpha” published on September 24, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For December 6, 2018 – Benzinga” with publication date: December 06, 2018.

Thor Industries, Inc. (NYSE:THO) Ratings Coverage

Among 3 analysts covering Thor Industries (NYSE:THO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Thor Industries had 4 analyst reports since June 21, 2018 according to SRatingsIntel. The company was maintained on Thursday, June 21 by Citigroup. Citigroup maintained Thor Industries, Inc. (NYSE:THO) rating on Thursday, October 4. Citigroup has “Buy” rating and $102 target. The stock of Thor Industries, Inc. (NYSE:THO) has “Buy” rating given on Friday, August 10 by Sidoti. As per Tuesday, November 27, the company rating was maintained by SunTrust.

Thor Industries, Inc. (NYSE:THO) Institutional Positions Chart

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