Pembroke Management LTD Has $5.01 Million Stock Position in LCI Industries (NYSE:LCII)

Pembroke Management LTD cut its holdings in shares of LCI Industries (NYSE:LCII) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,432 shares of the company’s stock after selling 536 shares during the quarter. Pembroke Management LTD owned about 0.19% of LCI Industries worth $5,007,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in LCI Industries by 1,289.3% in the 3rd quarter. Blue Trust Inc. now owns 389 shares of the company’s stock valued at $47,000 after purchasing an additional 361 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of LCI Industries in the third quarter valued at about $49,000. Aubrey Capital Management Ltd acquired a new stake in LCI Industries during the third quarter worth about $208,000. Crossmark Global Holdings Inc. bought a new position in LCI Industries during the third quarter valued at about $219,000. Finally, MML Investors Services LLC acquired a new position in LCI Industries in the 3rd quarter valued at approximately $260,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on LCII. StockNews.com lowered LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday. CJS Securities raised 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 report on Wednesday, February 12th. Finally, Truist Financial raised their price objective on shares of LCI Industries from $102.00 to $108.00 and gave the stock a “hold” rating in a report on Monday, February 10th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $121.50.

LCI Industries Stock Performance

LCI Industries stock opened at $110.42 on Tuesday. LCI Industries has a 12-month low of $96.18 and a 12-month high of $129.38. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 21.48 and a beta of 1.44. The company has a quick ratio of 1.25, a current ratio of 2.88 and a debt-to-equity ratio of 0.58. The stock has a 50-day simple moving average of $105.84 and a 200 day simple moving average of $112.81.

LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. LCI Industries had a return on equity of 9.48% and a net margin of 3.47%. On average, research analysts anticipate that LCI Industries will post 5.51 earnings per share for the current fiscal year.

Insider Buying and Selling at LCI Industries

In other news, CEO Jason Lippert sold 10,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $126.00, for a total value of $1,260,000.00. Following the transaction, the chief executive officer now owns 373,145 shares of the company’s stock, valued at $47,016,270. This represents a 2.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.50% of the company’s stock.

LCI Industries 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.