2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. lowered its position in LCI Industries ( NYSE:LCII – Free Report ) by 13.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The firm owned 115,493 shares of the company’s stock after selling 17,839 shares during the quarter. Envestnet Asset Management Inc. owned about 0.
45% of LCI Industries worth $11,941,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in LCI Industries during the 4th quarter worth $26,402,000.
Royce & Associates LP lifted its stake in shares of LCI Industries by 46.1% during the fourth quarter. Royce & Associates LP now owns 546,623 shares of the company’s stock worth $56,515,000 after buying an additional 172,586 shares during the period.
Bank of New York Mellon Corp increased its holdings in shares of LCI Industries by 29.2% in the fourth quarter. Bank of New York Mellon Corp now owns 357,629 shares of the company’s stock valued at $36,975,000 after purchasing an additional 80,784 shares during the period.
Vanguard Group Inc. raised its position in LCI Industries by 2.0% during the 4th quarter.
Vanguard Group Inc. now owns 2,913,270 shares of the company’s stock worth $301,203,000 after buying an additional 56,794 shares during the last quarter. Finally, Principal Financial Group Inc.
boosted its holdings in LCI Industries by 6.1% in the third quarter. Principal Financial Group Inc.
now owns 632,221 shares of the company’s stock valued at $76,202,000 after purchasing an additional 36,487 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.
LCI Industries Stock Up 2.5 % LCI Industries stock opened at $77.41 on Friday.
The stock’s fifty day moving average is $92.60 and its two-hundred day moving average is $105.18.
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 market cap of $1.95 billion, a PE ratio of 13.
82 and a beta of 1.36. LCI Industries has a 1-year low of $72.
31 and a 1-year high of $129.38. LCI Industries Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st.
Shareholders of record on Friday, March 7th were given a dividend of $1.15 per share. The ex-dividend date was Friday, March 7th.
This represents a $4.60 dividend on an annualized basis and a yield of 5.94%.
LCI Industries’s payout ratio is currently 82.14%. Analyst Upgrades and Downgrades Several research firms recently issued reports on LCII.
Truist Financial decreased their target price on shares of LCI Industries from $108.00 to $80.00 and set a “hold” rating for the company in a research note on Monday.
Robert W. Baird restated a “neutral” rating and issued a $100.00 price target (down from $130.
00) on shares of LCI Industries in a research report on Friday, April 4th. CJS Securities raised shares of LCI Industries from a “market perform” rating to an “outperform” rating and set a $145.00 price target for the company in a research note on Wednesday, February 12th.
Baird R W cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Finally, StockNews.com lowered LCI Industries from a “buy” rating to a “hold” rating in a research note on Thursday, April 10th.
Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $111.60.
Read Our Latest Research Report on LCI Industries LCI Industries 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. Recommended Stories Want to see what other hedge funds are holding LCII? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for LCI Industries ( NYSE:LCII – Free Report ). Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter .
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