Thor Inds INC (THO) Holder Melvin Capital Management LP Boosted Holding by $211.23 Million as Shares Declined

Thor Industries, Inc. (NYSE:THO) LogoInvestors sentiment increased to 1.09 in 2018 Q2. Its up 0.13, from 0.96 in 2018Q1. It is positive, 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. 29,261 were reported by Hsbc Holdg Plc. California State Teachers Retirement Sys holds 79,384 shares. First Republic Inv Management Inc stated it has 56,961 shares or 0.03% of all its holdings. Prelude Cap Management Llc stated it has 419 shares or 0% of all its holdings. Voya Inv Lc invested 0.01% in Thor Industries, Inc. (NYSE:THO). Wells Fargo Mn has invested 0.01% in Thor Industries, Inc. (NYSE:THO). Hodges Mngmt Inc holds 28,900 shares. Profund Advisors Lc accumulated 0.03% or 6,606 shares. Nelson Van Denburg Campbell Wealth Mngmt Group Incorporated holds 0.11% or 5,150 shares. Creative Planning holds 0% in Thor Industries, Inc. (NYSE:THO) or 11,166 shares. Sit Associate reported 24,475 shares. Metropolitan Life Com Ny reported 0% stake. Weiss Multi, a Alabama-based fund reported 18,650 shares. Telemus Capital Ltd stated it has 0.42% in Thor Industries, Inc. (NYSE:THO). Alps Advsr holds 7,326 shares or 0.01% of its portfolio.

Since October 9, 2018, it had 1 insider purchase, and 0 selling transactions 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 $3.26B 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 Wyndham Destinations Inc (NYSE:WYN) by 206,200 shares to 600,000 shares, valued at $26.56M in 2018Q2, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 845,527 shares in the quarter, leaving it with 2.09 million shares, and cut its stake in Wendys Co (Call) (NASDAQ:WEN).

More notable recent Thor Industries, Inc. (NYSE:THO) news were published by: Benzinga.com which released: “Earnings Scheduled For December 6, 2018 – Benzinga” 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, Seekingalpha.com published: “CNAT, AVA and MOMO among premarket losers – Seeking Alpha” on December 06, 2018. More interesting news about Thor Industries, Inc. (NYSE:THO) were released by: Benzinga.com and their article: “10 Stocks To Watch For December 6, 2018 – Benzinga” published on December 06, 2018 as well as Seekingalpha.com‘s news article titled: “Is Thor Cracking? – Seeking Alpha” with publication date: September 24, 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 stock of Thor Industries, Inc. (NYSE:THO) earned “Buy” rating by Citigroup on Thursday, June 21. The firm earned “Buy” rating on Friday, August 10 by Sidoti. Citigroup maintained the shares of THO in report on Thursday, October 4 with “Buy” rating. On Tuesday, November 27 the stock rating was maintained by SunTrust with “Buy”.

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

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