Everence Capital Management Inc. acquired a new stake in LCI Industries (NYSE:LCII) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,700 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE increased its stake in shares of LCI Industries by 119.3% in the 4th quarter. US Bancorp DE now owns 29,160 shares of the company’s stock worth $3,791,000 after acquiring an additional 15,863 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of LCI Industries in the 4th quarter worth $299,000. Victory Capital Management Inc. increased its stake in shares of LCI Industries by 2.4% in the 4th quarter. Victory Capital Management Inc. now owns 391,140 shares of the company’s stock worth $50,849,000 after acquiring an additional 9,025 shares during the last quarter. Rosenblum Silverman Sutton S F Inc. CA increased its stake in shares of LCI Industries by 9.3% in the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 32,425 shares of the company’s stock worth $4,215,000 after acquiring an additional 2,750 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new stake in shares of LCI Industries in the 4th quarter worth $233,000. 97.75% of the stock is owned by hedge funds and other 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 stock was sold at an average price of $127.22, for a total transaction of $954,150.00. Following the completion of the transaction, the chief executive officer now directly owns 151,735 shares in the company, valued at approximately $19,303,726.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jamie Schnur sold 3,800 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $128.29, for a total value of $487,502.00. Following the transaction, the insider now owns 3,829 shares of the company’s stock, valued at $491,222.41. The disclosure for this sale can be found here. Insiders have sold a total of 11,487 shares of company stock valued at $1,464,242 over the last three months. Corporate insiders own 3.60% of the company’s stock.

A number of brokerages have issued reports on LCII. Zacks Investment Research raised LCI Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Robert W. Baird reaffirmed a “buy” rating and issued a $135.00 target price on shares of LCI Industries in a research note on Friday, December 22nd. BidaskClub raised LCI Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 27th. Finally, Northcoast Research began coverage on LCI Industries in a research note on Friday, January 26th. They issued a “sell” rating and a $94.00 target price for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $112.75.

Shares of LCI Industries (NYSE:LCII) opened at $111.05 on Thursday. The company has a current ratio of 2.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $2,724.74, a PE ratio of 19.47 and a beta of 0.99. LCI Industries has a 52-week low of $86.25 and a 52-week high of $132.73.

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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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