5 Stocks You Should Sell According to Motley Fool

2. LCI Industries (NYSE:LCII)

Number of Hedge Fund Holders: 12

Percentage Decrease in Stake in Q4: 16%

LCI Industries (NYSE:LCII) is an Indiana-based company that supplies components for the manufacturers of recreational vehicles and adjacent industries such as livestock and modular housing. Motley Fool, as of Q4 2021, slashed its LCI Industries (NYSE:LCII) stake by 16%, holding 55,148 shares worth $8.5 million. 

DA Davidson analyst Brandon Rolle initiated coverage of LCI Industries (NYSE:LCII) on April 13 with a Buy rating and a $130 price target. According to the analyst, LCI Industries (NYSE:LCII)’s “dominant competitive position” can drive earnings and cash flow that surpasses investor expectations. He added that LCI Industries (NYSE:LCII) has one of the top management teams in the industry, with a robust balance sheet, balanced capital deployment strategy, and a strong track record of accretive mergers and acquisitions activity.

Among the hedge funds tracked by Insider Monkey, 12 hedge funds reported owning stakes in LCI Industries (NYSE:LCII) at the end of Q4 2021, compared to 17 funds in the preceding quarter. The total stakes held in the fourth quarter amounted to $106.2 million.