Zions Bancorporation N.A. Has $1.68 Million Stock Holdings in LCI Industries (NYSE:LCII)

Zions Bancorporation N.A. grew its position in LCI Industries (NYSE:LCII - Free Report) by 21.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,260 shares of the company's stock after purchasing an additional 2,886 shares during the period. Zions Bancorporation N.A. owned approximately 0.06% of LCI Industries worth $1,681,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its position in LCI Industries by 205.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 367 shares of the company's stock valued at $37,000 after acquiring an additional 247 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of LCI Industries during the third quarter valued at $49,000. Blue Trust Inc. raised its stake in shares of LCI Industries by 60.2% during the fourth quarter. Blue Trust Inc. now owns 623 shares of the company's stock valued at $64,000 after purchasing an additional 234 shares in the last quarter. MML Investors Services LLC acquired a new stake in LCI Industries in the third quarter worth about $260,000. Finally, Cibc World Markets Corp bought a new position in LCI Industries in the 4th quarter valued at about $240,000. Institutional investors and hedge funds own 99.71% of the company's stock.

LCI Industries Price Performance

NYSE:LCII traded down $4.00 during trading hours on Friday, reaching $87.36. 311,404 shares of the company's stock were exchanged, compared to its average volume of 258,047. The company has a quick ratio of 1.03, a current ratio of 2.82 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $2.22 billion, a P/E ratio of 15.60 and a beta of 1.45. LCI Industries has a 12 month low of $86.23 and a 12 month high of $129.38. The business's 50-day simple moving average is $100.40 and its two-hundred day simple moving average is $109.31.

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LCI Industries (NYSE:LCII - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. LCI Industries had a return on equity of 10.28% and a net margin of 3.82%. Sell-side analysts expect that LCI Industries will post 6.76 EPS for the current fiscal year.

LCI Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $4.60 annualized dividend and a yield of 5.27%. LCI Industries's payout ratio is presently 82.14%.

Analyst Ratings Changes

LCII has been the topic of a number of recent analyst reports. 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 report on Wednesday, February 12th. Truist Financial upped their target price on LCI Industries from $102.00 to $108.00 and gave the stock a "hold" rating in a research report on Monday, February 10th. Finally, StockNews.com raised LCI Industries from a "hold" rating to a "buy" rating in a research note on Tuesday, March 18th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $121.50.

LCI Industries Company Profile

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.