Soroban Capital Partners LP Stake in Sap Se (SAP) Has Trimmed by $85.74 Million as Stock Value Declined; Waratah Capital Advisors LTD Has Cut Its Holding in Thor Inds (THO) by $3.41 Million as Market Value Declined

Thor Industries, Inc. (NYSE:THO) Logo

Waratah Capital Advisors Ltd decreased its stake in Thor Inds Inc (THO) by 36% based on its latest 2018Q3 regulatory filing with the SEC. Waratah Capital Advisors Ltd sold 41,085 shares as the company’s stock declined 40.60% with the market. The hedge fund held 73,028 shares of the consumer non-durables company at the end of 2018Q3, valued at $6.11 million, down from 114,113 at the end of the previous reported quarter. Waratah Capital Advisors Ltd who had been investing in Thor Inds Inc for a number of months, seems to be less bullish one the $3.15B market cap company. The stock increased 0.15% or $0.09 during the last trading session, reaching $59.72. About 807,512 shares traded. Thor Industries, Inc. (NYSE:THO) has declined 61.66% since January 12, 2018 and is downtrending. It has underperformed by 61.66% the S&P500. Some Historical THO News: 02/05/2018 – Wells Fargo Advisors LLC Exits Position in Thor Industries; 07/03/2018 Thor Industries 2Q EPS $1.51; 29/03/2018 – THOR MINING PLC THRL.L – UPDATE ON COMPANY’S INTEREST IN USA LITHIUM PTY LTD; 24/05/2018 – THOR MINING PLC THRL.L – ENGAGED IN THIRD PARTY DISCUSSIONS WITH REGARD TO ITS KEY TUNGSTEN PROJECTS AND THAT INTEREST IS INTENSIFYING; 19/03/2018 – Thor Mining 1H Pretax Loss Widens; Kapunda Resource Analysis Positive; 07/03/2018 – THOR INDUSTRIES INC – QTR END CONSOLIDATED RV BACKLOG UP 33.9% TO $2.80 BLN; 09/05/2018 – In the lightning round, Cramer grows concerned about RV maker Thor Industries; 25/04/2018 – Strong Initial Drill Results Including 5.5 Metres @ 30.1g/t Au lntersected at Thor’s Segilola Gold Project; 02/05/2018 – Thor Mining Says Bonya Project Test Results Encouraging; 24/05/2018 – THOR MINING – US DEPARTMENT OF INTERIOR CONFIRMED THAT TUNGSTEN, PRIMARY RESOURCE MINERAL AT PILOT MOUNTAIN, IS INCLUDED IN FINAL LIST OF CRITICAL MINERALS

Soroban Capital Partners Lp decreased its stake in Sap Se (SAP) by 12.87% based on its latest 2018Q3 regulatory filing with the SEC. Soroban Capital Partners Lp sold 702,773 shares as the company’s stock declined 13.83% with the market. The hedge fund held 4.76 million shares of the prepackaged software company at the end of 2018Q3, valued at $585.44 million, down from 5.46 million at the end of the previous reported quarter. Soroban Capital Partners Lp who had been investing in Sap Se for a number of months, seems to be less bullish one the $121.90 billion market cap company. The stock decreased 1.32% or $1.36 during the last trading session, reaching $101.98. About 576,938 shares traded. SAP SE (NYSE:SAP) has declined 9.36% since January 12, 2018 and is downtrending. It has underperformed by 9.36% the S&P500. Some Historical SAP News: 30/05/2018 – SAP Products and Services Now Available via Alamo City Engineering Services; 06/03/2018 – SAP Expands User Experience Across All-Analytics Platform; 10/04/2018 – SAP Unveils First-of-Its-Kind Pricing Model; 20/04/2018 – SAP SE SAP.N : RBC RAISES TARGET PRICE TO $119 FROM $115; 06/03/2018 – SAP CFO REITERATES THAT MARGINS TROUGHED IN 2017, TO RISE GOING FORWARD; 18/04/2018 – Navigator Business Solutions Releases Turnkey SAP Cloud ERP Solutions for Medical Device and Pharmaceutical Manufacturing Indus; 03/05/2018 – Accenture to Co-Develop Digital Defense and Security Solution with SAP, Helping Defense Agencies Accelerate Digital; 06/03/2018 – SAP Supervisory Board Approves Agenda for 2018 Annual General Meeting of Shareholders with Planned Say-on-Pay Vote and Election of New Shareholders’ Representatives; 26/03/2018 – Singapore News: [CNA] Exclusive: South Africa investigates US$60 million SAP contract; 16/04/2018 – There is a big push toward cloud computing in Saudi Arabia, according to Luka Mucic, chief financial officer at SAP

Among 14 analysts covering Thor Industries Inc (NYSE:THO), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Thor Industries Inc had 45 analyst reports since September 29, 2015 according to SRatingsIntel. The stock of Thor Industries, Inc. (NYSE:THO) has “Buy” rating given on Thursday, September 7 by Robert W. Baird. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, June 6 report. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, May 1 report. The rating was maintained by Citigroup on Thursday, March 24 with “Buy”. On Thursday, March 8 the stock rating was upgraded by Aegis Capital to “Buy”. The company was maintained on Thursday, September 28 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Hold” rating and $144.0 target in Friday, December 22 report. As per Wednesday, September 28, the company rating was upgraded by Wellington Shields. The firm has “Buy” rating given on Thursday, June 21 by Citigroup. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, September 19.

Analysts await Thor Industries, Inc. (NYSE:THO) to report earnings on March, 6. They expect $0.95 earnings per share, down 50.52% or $0.97 from last year’s $1.92 per share. THO’s profit will be $50.17 million for 15.72 P/E if the $0.95 EPS becomes a reality. After $1.28 actual earnings per share reported by Thor Industries, Inc. for the previous quarter, Wall Street now forecasts -25.78% negative EPS growth.

Waratah Capital Advisors Ltd, which manages about $996.62M US Long portfolio, upped its stake in Nathans Famous Inc New (NASDAQ:NATH) by 4,169 shares to 56,837 shares, valued at $4.68M in 2018Q3, according to the filing. It also increased its holding in Continental Resources Inc (NYSE:CLR) by 140,052 shares in the quarter, for a total of 233,249 shares, and has risen its stake in Paycom Software Inc (NYSE:PAYC).

Since October 9, 2018, it had 3 buys, and 2 sales for $56,798 activity. ZIEMER JAMES L bought $408,700 worth of Thor Industries, Inc. (NYSE:THO) on Tuesday, October 9. ORTHWEIN PETER BUSCH sold $350,114 worth of Thor Industries, Inc. (NYSE:THO) on Monday, December 3. 2,000 shares valued at $118,340 were bought by KOSOWSKY J ALLEN on Tuesday, December 11.

Investors sentiment decreased to 1.01 in 2018 Q3. Its down 0.08, from 1.09 in 2018Q2. It dropped, as 51 investors sold THO shares while 125 reduced holdings. 56 funds opened positions while 121 raised stakes. 43.79 million shares or 1.20% less from 44.32 million shares in 2018Q2 were reported. Schwerin Boyle Cap Mngmt holds 0.69% or 78,150 shares in its portfolio. Adirondack Tru accumulated 0% or 20 shares. Plante Moran Fincl Limited Com has 16 shares for 0% of their portfolio. Kistler invested in 0% or 35 shares. Nordea Inv Management Ab invested in 59,687 shares. State Of New Jersey Common Pension Fund D accumulated 0.2% or 660,000 shares. Tci Wealth Advsr invested 0% of its portfolio in Thor Industries, Inc. (NYSE:THO). Teacher Retirement Systems Of Texas has invested 0% of its portfolio in Thor Industries, Inc. (NYSE:THO). The Illinois-based Thomas Story Son Limited Liability Company has invested 1.42% in Thor Industries, Inc. (NYSE:THO). Janney Management Ltd Liability Company, a Pennsylvania-based fund reported 17,584 shares. Eqis Mgmt reported 0.06% stake. Smith Salley And Associates reported 2,407 shares. Jefferies Gp Limited Liability Company reported 4,761 shares or 0% of all its holdings. Nebraska-based Nelson Van Denburg And Campbell Wealth Gru Limited Liability Co has invested 0.09% in Thor Industries, Inc. (NYSE:THO). The Nevada-based Whittier Trust Of Nevada has invested 0% in Thor Industries, Inc. (NYSE:THO).

More notable recent Thor Industries, Inc. (NYSE:THO) news were published by: Seekingalpha.com which released: “Thor Industries -3% after soft quarter – Seeking Alpha” on December 06, 2018, also Investorplace.com with their article: “7 Stocks to Buy Down 20% in December – Investorplace.com” published on January 07, 2019, Seekingalpha.com published: “Is Thor Cracking? – Seeking Alpha” on September 24, 2018. More interesting news about Thor Industries, Inc. (NYSE:THO) were released by: Seekingalpha.com and their article: “Buying Thor Industries – Seeking Alpha” published on December 16, 2018 as well as Nasdaq.com‘s news article titled: “Recent Analysis Shows T-Mobile US, Thor Industries, Integra LifeSciences, Diplomat Pharmacy, Tile Shop Hldgs, and Compass Diversified Market Influences — Renewed Outlook, Key Drivers of Growth – Nasdaq” with publication date: January 10, 2019.

Soroban Capital Partners Lp, which manages about $10.82 billion and $6.54 billion US Long portfolio, upped its stake in Mohawk Inds Inc (Call) (NYSE:MHK) by 657,922 shares to 1.00 million shares, valued at $175.35M in 2018Q3, according to the filing. It also increased its holding in Mohawk Inds Inc (NYSE:MHK) by 1.12M shares in the quarter, for a total of 1.46M shares, and has risen its stake in Extended Stay Amer Inc (NYSE:STAY).

Analysts await SAP SE (NYSE:SAP) to report earnings on January, 29 before the open. They expect $1.61 EPS, down 16.15% or $0.31 from last year’s $1.92 per share. SAP’s profit will be $1.92 billion for 15.84 P/E if the $1.61 EPS becomes a reality. After $1.01 actual EPS reported by SAP SE for the previous quarter, Wall Street now forecasts 59.41% EPS growth.

More notable recent SAP SE (NYSE:SAP) news were published by: Seekingalpha.com which released: “VC Deals Of The Week: Strong Start For Uber Competitors – Seeking Alpha” on January 12, 2019, also Seekingalpha.com with their article: “SAP: Ignore Near-Term Earnings Weakness – Seeking Alpha” published on October 22, 2018, Fool.com published: “Better Cloud Stock: Veeva Systems vs. Salesforce – The Motley Fool” on December 16, 2018. More interesting news about SAP SE (NYSE:SAP) were released by: Benzinga.com and their article: “SAP AG (NYSE:SAP) – Slync CEO Joins SAP.iO Leadership to Discuss Corporate Innovation, Startup Engagement in Tokyo – Benzinga” published on December 17, 2018 as well as Seekingalpha.com‘s news article titled: “SAP -2.6% despite strong Q2 with raised FY guide – Seeking Alpha” with publication date: July 19, 2018.

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