SG Americas Securities LLC Sells 7,870 Shares of Acuity Brands, Inc. (AYI)

SG Americas Securities LLC trimmed its holdings in Acuity Brands, Inc. (NYSE:AYI) by 46.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,155 shares of the electronics maker’s stock after selling 7,870 shares during the quarter. SG Americas Securities LLC’s holdings in Acuity Brands were worth $1,611,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Tower Research Capital LLC TRC boosted its holdings in Acuity Brands by 661.1% in the second quarter. Tower Research Capital LLC TRC now owns 548 shares of the electronics maker’s stock valued at $111,000 after purchasing an additional 476 shares during the last quarter. QS Investors LLC boosted its holdings in Acuity Brands by 1.2% in the second quarter. QS Investors LLC now owns 588 shares of the electronics maker’s stock valued at $120,000 after purchasing an additional 7 shares during the last quarter. First Bank & Trust boosted its holdings in Acuity Brands by 183.7% in the third quarter. First Bank & Trust now owns 746 shares of the electronics maker’s stock valued at $128,000 after purchasing an additional 483 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in Acuity Brands in the third quarter valued at $206,000. Finally, ING Groep NV purchased a new stake in Acuity Brands in the third quarter valued at $229,000.

Acuity Brands, Inc. (NYSE AYI) opened at $145.41 on Friday. The firm has a market cap of $6,242.38, a PE ratio of 19.97, a price-to-earnings-growth ratio of 1.50 and a beta of 1.28. Acuity Brands, Inc. has a 1 year low of $142.00 and a 1 year high of $225.36. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.23 and a quick ratio of 1.65.

Acuity Brands (NYSE:AYI) last released its quarterly earnings results on Tuesday, January 9th. The electronics maker reported $1.81 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.16). Acuity Brands had a return on equity of 20.08% and a net margin of 8.91%. The company had revenue of $842.80 million for the quarter, compared to analyst estimates of $883.97 million. sell-side analysts expect that Acuity Brands, Inc. will post 9 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, February 1st. Investors of record on Monday, January 22nd were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, January 19th. This represents a $0.52 annualized dividend and a dividend yield of 0.36%. Acuity Brands’s dividend payout ratio (DPR) is presently 7.14%.

Several equities research analysts have commented on the stock. Seaport Global Securities reaffirmed a “neutral” rating on shares of Acuity Brands in a report on Thursday, January 11th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $175.00 price target (down from $185.00) on shares of Acuity Brands in a report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Acuity Brands from a “sell” rating to a “hold” rating in a research report on Friday, January 12th. Williams Capital downgraded shares of Acuity Brands from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $204.00 to $175.00 in a research report on Wednesday, January 10th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $198.00 price objective on shares of Acuity Brands in a research report on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. Acuity Brands presently has an average rating of “Hold” and a consensus price target of $196.23.

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About Acuity Brands

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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Institutional Ownership by Quarter for Acuity Brands (NYSE:AYI)

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