LCI Industries (NYSE:LCII) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of LCI Industries (NYSE:LCII) from a buy rating to a strong-buy rating in a research note released on Saturday.

LCII has been the topic of several other reports. Zacks Research cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Roth Mkm upped their price objective on shares of LCI Industries from $100.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a research report on Thursday, January 22nd. Truist Financial set a $147.00 target price on shares of LCI Industries in a research note on Tuesday, January 20th. Finally, Loop Capital reiterated a “hold” rating and issued a $149.00 price target on shares of LCI Industries in a report on Thursday, January 22nd. Seven equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $125.20.

LCI Industries Stock Up 1.7%

Shares of NYSE:LCII opened at $157.38 on Friday. The company has a quick ratio of 1.28, a current ratio of 2.78 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $3.81 billion, a P/E ratio of 22.01 and a beta of 1.32. LCI Industries has a 52-week low of $72.31 and a 52-week high of $159.66. The stock’s fifty day simple moving average is $135.71 and its 200-day simple moving average is $113.30.

Institutional Trading of LCI Industries

Several institutional investors have recently made changes to their positions in LCII. Huntington National Bank increased its holdings in shares of LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after buying an additional 91 shares during the last quarter. Salomon & Ludwin LLC increased its stake in LCI Industries by 1,818.2% during the fourth quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of LCI Industries in the 4th quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of LCI Industries in the 2nd quarter valued at about $26,000. Finally, Clearstead Advisors LLC lifted its stake in shares of LCI Industries by 36.8% in the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after purchasing an additional 139 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

About LCI Industries

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.