LCI Industries (NYSE:LCII) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in shares of LCI Industries (NYSE:LCII - Free Report) by 82.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 10,563 shares of the company's stock after selling 48,147 shares during the period. Natixis Advisors LLC's holdings in LCI Industries were worth $1,092,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of LCII. Smartleaf Asset Management LLC raised its stake 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 purchasing an additional 247 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in LCI Industries in the 3rd quarter valued at $49,000. Blue Trust Inc. raised its position in LCI Industries by 60.2% during the 4th quarter. Blue Trust Inc. now owns 623 shares of the company's stock worth $64,000 after buying an additional 234 shares during the last quarter. MML Investors Services LLC acquired a new stake in shares of LCI Industries in the 3rd quarter worth $260,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of LCI Industries in the fourth quarter valued at about $266,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

LCI Industries Price Performance

LCII traded down $4.00 on Friday, hitting $87.36. 311,404 shares of the company were exchanged, compared to its average volume of 258,047. LCI Industries has a fifty-two week low of $86.23 and a fifty-two week high of $129.38. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.03 and a current ratio of 2.82. The firm has a market capitalization of $2.22 billion, a P/E ratio of 15.60 and a beta of 1.45. The business's fifty day moving average is $100.40 and its 200 day moving average is $109.31.

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

LCI Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.27%. The ex-dividend date of this dividend was Friday, March 7th. LCI Industries's dividend payout ratio is currently 82.14%.

Analyst Ratings Changes

Several research firms recently issued reports on LCII. 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 report on Wednesday, February 12th. Truist Financial boosted 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 report on Tuesday, March 18th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus 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.