2 weeks Ago By Defense World Staff
Cerity Partners LLC decreased its position in shares of LCI Industries (NYSE:LCII – Free Report) by 93.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,660 shares of the company’s stock after selling 40,245 shares during the period.
Cerity Partners LLC’s holdings in LCI Industries were worth $275,000 at the end of the most recent quarter. A number of other hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new position in shares of LCI Industries during the 4th quarter worth about $28,000.
Smartleaf Asset Management LLC lifted its holdings in shares of LCI Industries by 205.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 367 shares of the company’s stock worth $37,000 after buying an additional 247 shares during the last quarter.
Wilmington Savings Fund Society FSB bought a new stake in shares of LCI Industries in the third quarter valued at approximately $49,000. Headlands Technologies LLC acquired a new stake in shares of LCI Industries in the fourth quarter worth $59,000. Finally, Blue Trust Inc.
increased its position in LCI Industries by 60.2% during the fourth quarter. Blue Trust Inc.
now owns 623 shares of the company’s stock worth $64,000 after acquiring an additional 234 shares during the period. 99.71% of the stock is currently owned by institutional investors.
LCI Industries Stock PerformanceLCI Industries stock opened at $78.03 on Thursday. LCI Industries has a 52-week low of $72.
31 and a 52-week high of $129.38. The company has a debt-to-equity ratio of 0.
55, a current ratio of 2.82 and a quick ratio of 1.03.
The stock has a fifty day moving average price of $90.09 and a two-hundred day moving average price of $104.04.
The firm has a market capitalization of $1.97 billion, a P/E ratio of 13.93 and a beta of 1.
36. LCI Industries (NYSE:LCII – Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.
37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06.
LCI Industries had a net margin of 3.82% and a return on equity of 10.28%.
As a group, analysts anticipate that LCI Industries will post 6.76 EPS for the current fiscal year. LCI Industries Announces DividendThe firm also recently announced a quarterly dividend, which was paid on Friday, March 21st.
Stockholders of record on Friday, March 7th were issued a dividend of $1.15 per share. This represents a $4.
60 annualized dividend and a dividend yield of 5.90%. The ex-dividend date was Friday, March 7th.
LCI Industries’s payout ratio is presently 82.14%. Analysts Set New Price TargetsA number of research analysts have recently commented on LCII shares.
Robert W. Baird reaffirmed a “neutral” rating and set a $100.00 price objective (down previously from $130.
00) on shares of LCI Industries in a research report on Friday, April 4th. Baird R W lowered LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Truist Financial cut their target price on LCI Industries from $108.
00 to $80.00 and set a “hold” rating for the company in a research note on Monday, April 14th. CJS Securities upgraded shares of LCI Industries from a “market perform” rating to an “outperform” rating and set a $145.
00 price target on the stock in a research note on Wednesday, February 12th. Finally, StockNews.com cut shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Thursday, April 10th.
Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $111.
60.Get Our Latest Stock Analysis on LCI IndustriesLCI Industries Company Profile (Free Report)LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.
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