Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of Acuity Brands, Inc. (NYSE:AYI) by 32.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 84,122 shares of the electronics maker’s stock after buying an additional 20,422 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Acuity Brands were worth $14,805,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in AYI. QS Investors LLC lifted its stake in shares of Acuity Brands by 1.2% during the second quarter. QS Investors LLC now owns 588 shares of the electronics maker’s stock valued at $120,000 after buying an additional 7 shares during the period. Shelton Capital Management purchased a new position in shares of Acuity Brands during the second quarter valued at approximately $233,000. The Manufacturers Life Insurance Company lifted its stake in shares of Acuity Brands by 3.5% during the second quarter. The Manufacturers Life Insurance Company now owns 51,934 shares of the electronics maker’s stock valued at $10,557,000 after buying an additional 1,745 shares during the period. Toronto Dominion Bank lifted its stake in shares of Acuity Brands by 25.6% during the second quarter. Toronto Dominion Bank now owns 14,940 shares of the electronics maker’s stock valued at $3,037,000 after buying an additional 3,044 shares during the period. Finally, Sentry Investment Management LLC lifted its stake in shares of Acuity Brands by 1.1% during the second quarter. Sentry Investment Management LLC now owns 3,301 shares of the electronics maker’s stock valued at $671,000 after buying an additional 35 shares during the period.

Acuity Brands, Inc. (NYSE AYI) opened at $148.87 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.65 and a current ratio of 2.23. The firm has a market cap of $6,344.40, a P/E ratio of 20.45, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28. Acuity Brands, Inc. has a one year low of $141.77 and a one year high of $225.36.

Acuity Brands (NYSE:AYI) last issued its earnings results on Tuesday, January 9th. The electronics maker reported $1.81 EPS for the quarter, missing the Zacks’ consensus estimate of $1.97 by ($0.16). Acuity Brands had a net margin of 8.91% and a return on equity of 20.08%. The business had revenue of $842.80 million during the quarter, compared to analysts’ expectations of $883.97 million. equities analysts expect that Acuity Brands, Inc. will post 9 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 1st. Stockholders of record on Monday, January 22nd were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Friday, January 19th. Acuity Brands’s dividend payout ratio is presently 7.14%.

Several equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Acuity Brands from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Acuity Brands in a research note on Thursday, January 11th. Williams Capital downgraded shares of 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. Wells Fargo & Co reaffirmed a “market perform” rating and set a $175.00 price target (down previously from $185.00) on shares of Acuity Brands in a research note on Wednesday, January 10th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $198.00 price target on shares of Acuity Brands in a research note on Tuesday, January 9th. Two 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 company. The company has a consensus rating of “Hold” and an average target price 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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