Aperio Group LLC trimmed its position in shares of Acuity Brands, Inc. (NYSE:AYI) by 21.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,189 shares of the electronics maker’s stock after selling 2,524 shares during the period. Aperio Group LLC’s holdings in Acuity Brands were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. QS Investors LLC raised its holdings in shares of Acuity Brands by 1.2% during the 2nd quarter. QS Investors LLC now owns 588 shares of the electronics maker’s stock worth $120,000 after acquiring an additional 7 shares in the last quarter. First Bank & Trust raised its holdings in shares of Acuity Brands by 183.7% during the 3rd quarter. First Bank & Trust now owns 746 shares of the electronics maker’s stock worth $128,000 after acquiring an additional 483 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Acuity Brands during the 4th quarter worth approximately $151,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Acuity Brands during the 3rd quarter worth approximately $206,000. Finally, Montag & Caldwell LLC purchased a new stake in shares of Acuity Brands during the 4th quarter worth approximately $212,000.
Several brokerages have recently issued reports on AYI. Seaport Global Securities reaffirmed a “neutral” rating on shares of Acuity Brands in a report on Thursday, January 11th. Wells Fargo & Co restated a “market perform” rating and set a $175.00 price target (down previously from $185.00) on shares of Acuity Brands in a report on Wednesday, January 10th. Zacks Investment Research upgraded Acuity Brands from a “sell” rating to a “hold” rating in a report on Friday, January 12th. Williams Capital lowered Acuity Brands from a “buy” rating to a “hold” rating and decreased their price target for the company from $204.00 to $175.00 in a report on Wednesday, January 10th. Finally, Robert W. Baird restated a “hold” rating and set a $198.00 price target on shares of Acuity Brands in a report on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $196.23.
Shares of Acuity Brands, Inc. (AYI) opened at $146.30 on Friday. The firm has a market capitalization of $6,170.00, a price-to-earnings ratio of 20.10, a P/E/G ratio of 1.52 and a beta of 1.28. The company has a current ratio of 2.23, a quick ratio of 1.65 and a debt-to-equity ratio of 0.21. Acuity Brands, Inc. has a twelve month low of $141.77 and a twelve month high of $223.99.
Acuity Brands (NYSE:AYI) last announced its quarterly earnings data on Tuesday, January 9th. The electronics maker reported $1.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.97 by ($0.16). The business had revenue of $842.80 million during the quarter, compared to the consensus estimate of $883.97 million. Acuity Brands had a net margin of 8.48% and a return on equity of 16.91%. equities analysts forecast that Acuity Brands, Inc. will post 8.91 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Monday, January 22nd were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend was Friday, January 19th. Acuity Brands’s dividend payout ratio (DPR) is presently 7.14%.
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Acuity Brands Company Profile
Acuity Brands, Inc is a provider of lighting solutions for commercial, institutional, industrial, infrastructure and residential applications throughout North America and other international markets. The Company operates through North American segment. The Company offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications.
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