Quantitative Systematic Strategies LLC bought a new position in Acuity Brands, Inc. (NYSE:AYI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,244 shares of the electronics maker’s stock, valued at approximately $219,000.
Several other large investors have also recently made changes to their positions in AYI. Tower Research Capital LLC TRC raised its position in shares of Acuity Brands by 661.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 548 shares of the electronics maker’s stock worth $111,000 after acquiring an additional 476 shares in the last quarter. QS Investors LLC raised its position in shares of Acuity Brands by 1.2% in 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 position in shares of Acuity Brands by 183.7% in 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. bought a new position in shares of Acuity Brands in the 4th quarter worth approximately $151,000. Finally, Fuller & Thaler Asset Management Inc. bought a new position in shares of Acuity Brands in the 3rd quarter worth approximately $206,000.
Shares of Acuity Brands, Inc. (AYI) opened at $147.05 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.23 and a quick ratio of 1.65. The firm has a market capitalization of $6,199.33, a P/E ratio of 18.59, a P/E/G ratio of 1.49 and a beta of 1.28. Acuity Brands, Inc. has a 52 week low of $141.77 and a 52 week high of $225.36.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Monday, January 22nd were paid a dividend of $0.13 per share. The ex-dividend date was Friday, January 19th. This represents a $0.52 annualized dividend and a yield of 0.35%. Acuity Brands’s dividend payout ratio is 7.14%.
Several brokerages have recently issued reports on AYI. Wells Fargo & Co reissued a “market perform” rating and issued a $175.00 target price (down previously from $185.00) on shares of Acuity Brands in a research report on Wednesday, January 10th. Seaport Global Securities reissued a “neutral” rating on shares of Acuity Brands in a research report on Thursday, January 11th. Zacks Investment Research upgraded Acuity Brands from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. Williams Capital downgraded Acuity Brands from a “buy” rating to a “hold” rating and cut their price target for the stock from $204.00 to $175.00 in a research note on Wednesday, January 10th. Finally, Robert W. Baird restated a “hold” rating and issued a $198.00 price target on shares of Acuity Brands in a research note on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $196.23.
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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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