Shares of LCI Industries (NYSE:LCII) have been given a consensus recommendation of “Buy” by the six research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $123.00.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of LCI Industries from a “sell” rating to a “hold” rating in a report on Tuesday, December 5th. BidaskClub lowered shares of LCI Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 4th. Finally, Robert W. Baird lifted their target price on shares of LCI Industries from $115.00 to $122.00 and gave the company an “outperform” rating in a report on Friday, November 3rd.

Shares of LCI Industries (NYSE:LCII) opened at $127.80 on Friday. LCI Industries has a 1-year low of $86.25 and a 1-year high of $132.00. The company has a market cap of $3,166.18, a PE ratio of 22.63 and a beta of 1.28. The company has a quick ratio of 1.03, a current ratio of 2.19 and a debt-to-equity ratio of 0.08.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $2.20 annualized dividend and a dividend yield of 1.72%. LCI Industries’s payout ratio is 39.22%.

In other news, CEO Jason Lippert sold 7,500 shares of LCI Industries stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $113.65, for a total transaction of $852,375.00. Following the completion of the transaction, the chief executive officer now directly owns 164,744 shares in the company, valued at $18,723,155.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jamie Schnur sold 3,800 shares of LCI Industries stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $128.29, for a total transaction 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 36,697 shares of company stock valued at $4,351,175 over the last quarter. Company insiders own 3.60% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Alps Advisors Inc. increased its position in shares of LCI Industries by 0.3% during the second quarter. Alps Advisors Inc. now owns 4,695 shares of the company’s stock valued at $481,000 after acquiring an additional 13 shares in the last quarter. Albion Financial Group UT increased its position in shares of LCI Industries by 0.9% during the second quarter. Albion Financial Group UT now owns 5,012 shares of the company’s stock valued at $513,000 after acquiring an additional 45 shares in the last quarter. Pinebridge Investments L.P. increased its position in shares of LCI Industries by 1.6% during the second quarter. Pinebridge Investments L.P. now owns 3,281 shares of the company’s stock valued at $336,000 after acquiring an additional 52 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of LCI Industries by 3.8% during the second quarter. Ameritas Investment Partners Inc. now owns 2,128 shares of the company’s stock valued at $218,000 after acquiring an additional 78 shares in the last quarter. Finally, Arizona State Retirement System increased its position in shares of LCI Industries by 0.8% during the second quarter. Arizona State Retirement System now owns 12,998 shares of the company’s stock valued at $1,331,000 after acquiring an additional 100 shares in the last quarter. 99.56% of the stock is owned by institutional investors.

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LCI Industries Company Profile

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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