Catalyst Capital Advisors LLC grew its stake in LCI Industries (NYSE:LCII) by 7.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,975 shares of the company’s stock after acquiring an additional 600 shares during the period. Catalyst Capital Advisors LLC’s holdings in LCI Industries were worth $1,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of LCII. UBS Asset Management Americas Inc. raised its position in shares of LCI Industries by 6.8% in the second quarter. UBS Asset Management Americas Inc. now owns 12,512 shares of the company’s stock valued at $1,281,000 after purchasing an additional 801 shares during the period. Voya Investment Management LLC raised its position in shares of LCI Industries by 9.5% in the second quarter. Voya Investment Management LLC now owns 15,206 shares of the company’s stock valued at $1,557,000 after purchasing an additional 1,321 shares during the period. State Street Corp raised its position in shares of LCI Industries by 2.2% in the second quarter. State Street Corp now owns 594,465 shares of the company’s stock valued at $60,871,000 after purchasing an additional 12,737 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of LCI Industries by 2.6% in the second quarter. The Manufacturers Life Insurance Company now owns 18,592 shares of the company’s stock valued at $1,903,000 after purchasing an additional 463 shares during the period. Finally, Ameritas Investment Partners Inc. raised its position in shares of LCI Industries by 3.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,128 shares of the company’s stock valued at $218,000 after purchasing an additional 78 shares during the period. 99.96% of the stock is currently owned by institutional investors.

In related news, CEO Jason Lippert sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $127.22, for a total transaction of $954,150.00. Following the transaction, the chief executive officer now directly owns 151,735 shares of the company’s stock, valued at $19,303,726.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jamie Schnur sold 3,800 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $128.29, for a total transaction of $487,502.00. Following the transaction, the insider now directly owns 3,829 shares in the company, valued at $491,222.41. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,487 shares of company stock worth $1,464,242. 3.60% of the stock is owned by insiders.

Several brokerages have recently weighed in on LCII. Zacks Investment Research raised shares of LCI Industries from a “hold” rating to a “strong-buy” rating and set a $134.00 price objective on the stock in a research report on Wednesday. Robert W. Baird increased their price objective on shares of LCI Industries from $115.00 to $122.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. BidaskClub raised shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 27th. Finally, Northcoast Research began coverage on shares of LCI Industries in a research report on Friday, January 26th. They issued a “sell” rating and a $94.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $117.50.

LCI Industries (NYSE:LCII) opened at $118.00 on Thursday. LCI Industries has a 1 year low of $86.25 and a 1 year high of $132.73. The company has a market cap of $2,893.08, a PE ratio of 20.14 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.78 and a current ratio of 2.29.

LCI Industries (NYSE:LCII) last released its quarterly earnings results on Thursday, February 8th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.09. LCI Industries had a net margin of 6.19% and a return on equity of 23.34%. The business had revenue of $547.14 million for the quarter, compared to analyst estimates of $511.36 million. During the same period last year, the firm earned $1.05 earnings per share. LCI Industries’s revenue for the quarter was up 35.8% compared to the same quarter last year. analysts anticipate that LCI Industries will post 8.1 EPS for the current year.

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About LCI Industries

LCI Industries, formerly Drew Industries Incorporated, through its subsidiary, Lippert Components, Inc and its subsidiaries (LCI), supplies an array of components for the original equipment manufacturers (OEMs) of recreational vehicles (RVs) and adjacent industries. The Company’s segments include OEM Segment and Aftermarket Segment.

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Institutional Ownership by Quarter for LCI Industries (NYSE:LCII)

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