12Th Street Asset Management Company Has Increased Its Position in Thor Inds (THO) as Market Valuation Declined; As Symantec (SYMC) Valuation Declined, Kensico Capital Management Has Raised Its Position

Thor Industries, Inc. (NYSE:THO) Logo

Michael Lowenstein increased its stake in Symantec Corp (SYMC) by 4.15% based on its latest 2017Q4 regulatory filing with the SEC. Kensico Capital Management Corp bought 284,773 shares as the company’s stock declined 9.92% with the market. The hedge fund run by Michael Lowenstein held 7.15 million shares of the prepackaged software company at the end of 2017Q4, valued at $200.62M, up from 6.87M at the end of the previous reported quarter. Kensico Capital Management Corp who had been investing in Symantec Corp for a number of months, seems to be bullish on the $17.28B market cap company. The stock decreased 2.93% or $0.84 during the last trading session, reaching $27.8. About 7.08 million shares traded or 20.13% up from the average. Symantec Corporation (NASDAQ:SYMC) has declined 16.28% since April 28, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

12Th Street Asset Management Company Llc increased its stake in Thor Inds Inc (THO) by 1.4% based on its latest 2017Q4 regulatory filing with the SEC. 12Th Street Asset Management Company Llc bought 2,975 shares as the company’s stock declined 25.88% with the market. The institutional investor held 215,060 shares of the consumer non-durables company at the end of 2017Q4, valued at $32.41 million, up from 212,085 at the end of the previous reported quarter. 12Th Street Asset Management Company Llc who had been investing in Thor Inds Inc for a number of months, seems to be bullish on the $5.68 billion market cap company. The stock decreased 0.05% or $0.05 during the last trading session, reaching $107.78. About 590,448 shares traded. Thor Industries, Inc. (NYSE:THO) has risen 15.62% since April 28, 2017 and is uptrending. It has outperformed by 4.07% the S&P500.

Kensico Capital Management Corp, which manages about $7.43B and $5.02 billion US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 912,900 shares to 3.43 million shares, valued at $391.17 million in 2017Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 1.73M shares in the quarter, leaving it with 5.22 million shares, and cut its stake in Aramark (NYSE:ARMK).

Among 32 analysts covering Symantec (NASDAQ:SYMC), 10 have Buy rating, 3 Sell and 19 Hold. Therefore 31% are positive. Symantec had 92 analyst reports since August 11, 2015 according to SRatingsIntel. Piper Jaffray maintained Symantec Corporation (NASDAQ:SYMC) rating on Monday, September 11. Piper Jaffray has “Buy” rating and $40.0 target. As per Tuesday, December 15, the company rating was upgraded by Morgan Stanley. The stock of Symantec Corporation (NASDAQ:SYMC) earned “Buy” rating by Standpoint Research on Friday, April 6. The stock of Symantec Corporation (NASDAQ:SYMC) earned “Sector Perform” rating by RBC Capital Markets on Friday, May 19. TheStreet downgraded the stock to “Buy” rating in Saturday, August 15 report. The firm earned “Equal-Weight” rating on Friday, November 3 by Morgan Stanley. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, October 10. The rating was maintained by Oppenheimer with “Outperform” on Thursday, November 2. The rating was maintained by Oppenheimer with “Buy” on Thursday, July 6. The rating was upgraded by Barclays Capital on Tuesday, May 30 to “Overweight”.

Investors sentiment increased to 0.92 in 2017 Q4. Its up 0.06, from 0.86 in 2017Q3. It is positive, as 56 investors sold SYMC shares while 144 reduced holdings. 45 funds opened positions while 139 raised stakes. 548.16 million shares or 4.09% less from 571.53 million shares in 2017Q3 were reported. Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 9,345 shares. Pacad Invest reported 0.07% in Symantec Corporation (NASDAQ:SYMC). Dodge And Cox owns 38,200 shares. Tpg Group Holdings (Sbs) Advsrs has 1.22% invested in Symantec Corporation (NASDAQ:SYMC) for 2.82 million shares. Atlantic Trust Grp Limited Liability Corporation stated it has 0.01% of its portfolio in Symantec Corporation (NASDAQ:SYMC). Profit Investment Mgmt Limited Liability Co invested in 0.24% or 11,097 shares. Sei Com has invested 0.07% in Symantec Corporation (NASDAQ:SYMC). Kistler accumulated 612 shares. Cohen Steers has invested 0.03% in Symantec Corporation (NASDAQ:SYMC). State Of Alaska Department Of Revenue reported 96,901 shares or 0.06% of all its holdings. Whittier Trust reported 0.01% in Symantec Corporation (NASDAQ:SYMC). Palisade Capital Mngmt Ltd Limited Liability Company Nj invested in 0.07% or 71,303 shares. Nordea Management has 0.01% invested in Symantec Corporation (NASDAQ:SYMC). Vanguard Gru Inc stated it has 63.36 million shares or 0.08% of all its holdings. Columbia Prtn L L C Invest Management invested in 0.22% or 58,628 shares.

Since March 5, 2018, it had 0 buys, and 3 selling transactions for $2.63 million activity. $1.38 million worth of stock was sold by Rosch Francis C on Monday, March 5. On Monday, April 16 TAYLOR SCOTT C sold $1.14 million worth of Symantec Corporation (NASDAQ:SYMC) or 41,284 shares.

Among 14 analysts covering Thor Industries Inc (NYSE:THO), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Thor Industries Inc had 37 analyst reports since September 29, 2015 according to SRatingsIntel. Suntrust Robinson upgraded the shares of THO in report on Friday, July 29 to “Buy” rating. As per Thursday, March 8, the company rating was upgraded by Aegis Capital. Robert W. Baird maintained the shares of THO in report on Thursday, September 7 with “Buy” rating. The stock of Thor Industries, Inc. (NYSE:THO) earned “Hold” rating by Argus Research on Friday, December 8. On Monday, October 30 the stock rating was maintained by Robert W. Baird with “Buy”. BMO Capital Markets maintained it with “Hold” rating and $11000 target in Tuesday, June 6 report. The firm has “Hold” rating by Northcoast given on Thursday, January 25. The firm earned “Buy” rating on Friday, October 2 by Citigroup. Citigroup maintained the stock with “Buy” rating in Thursday, March 24 report. Argus Research upgraded the stock to “Buy” rating in Friday, March 16 report.

Investors sentiment increased to 1.16 in Q4 2017. Its up 0.10, from 1.06 in 2017Q3. It is positive, as 25 investors sold THO shares while 160 reduced holdings. 90 funds opened positions while 125 raised stakes. 43.13 million shares or 4.21% less from 45.03 million shares in 2017Q3 were reported. Delphi Ma invested in 1.59% or 18,500 shares. Clark Cap Group Inc reported 156,479 shares. Citadel Ltd Liability Co invested 0.01% in Thor Industries, Inc. (NYSE:THO). The Illinois-based Optimum Investment Advsrs has invested 0.08% in Thor Industries, Inc. (NYSE:THO). Icon Advisers Inc, Colorado-based fund reported 65,088 shares. 146,513 were reported by Meritage Portfolio Mgmt. Teacher Retirement System Of Texas owns 18,199 shares. Parametric Portfolio Assocs Ltd Liability Co invested in 152,199 shares. Fuller And Thaler Asset Mngmt invested in 67,552 shares or 0.12% of the stock. Bancorp Of Montreal Can invested in 0.01% or 72,491 shares. Sigma Planning, a Michigan-based fund reported 1,563 shares. Strategic Glob Advsrs Limited Liability Corporation stated it has 7,309 shares. Cornerstone Mngmt Ltd Liability Co invested 0.05% in Thor Industries, Inc. (NYSE:THO). Sit Invest Assoc reported 37,985 shares. 1St Source State Bank has invested 0.22% in Thor Industries, Inc. (NYSE:THO).

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