Jamie Schnur Sells 3,800 Shares of LCI Industries (LCII) Stock
LCI Industries (NYSE:LCII) insider Jamie Schnur sold 3,800 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $128.29, for a total value of $487,502.00. Following the completion of the transaction, the insider now directly owns 3,829 shares in the company, valued at $491,222.41. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Jamie Schnur also recently made the following trade(s):
- On Friday, September 29th, Jamie Schnur sold 1,100 shares of LCI Industries stock. The shares were sold at an average price of $115.46, for a total value of $127,006.00.
Shares of LCI Industries (LCII) traded up $0.90 during midday trading on Friday, reaching $127.80. The company’s stock had a trading volume of 100,500 shares, compared to its average volume of 156,538. 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 company has a market cap of $3,190.00, a P/E ratio of 22.59 and a beta of 1.28. LCI Industries has a 52 week low of $86.25 and a 52 week high of $132.00.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.72%. The ex-dividend date was Thursday, November 16th. LCI Industries’s dividend payout ratio is currently 39.22%.
A number of brokerages recently weighed in on LCII. Zacks Investment Research raised LCI Industries from a “sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub downgraded LCI Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 4th. Finally, Robert W. Baird raised their price objective on LCI Industries from $115.00 to $122.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $121.00.
Hedge funds and other institutional investors have recently modified their holdings of the business. Bruderman Asset Management LLC bought a new position in LCI Industries in the 2nd quarter worth approximately $122,000. Mountain Capital Investment Advisors Inc bought a new position in LCI Industries in the 2nd quarter worth approximately $124,000. Riverhead Capital Management LLC increased its position in LCI Industries by 74.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,399 shares of the company’s stock worth $143,000 after buying an additional 599 shares during the period. Fortaleza Asset Management Inc. bought a new position in LCI Industries in the 2nd quarter worth approximately $144,000. Finally, Zions Bancorporation bought a new position in LCI Industries in the 3rd quarter worth approximately $187,000. 99.56% of the stock is currently owned by institutional investors.
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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