Acuity Brands Inc (NYSE:AYI) Stock Rating Lowered by BidaskClub

Glen Harbor Capital Management LLC now owns 2,992 shares of the electronics maker’s stock worth $610,000 after acquiring an additional 816 shares in the last quarter. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 31.00 and a beta of 1.37. (NYSE:AYI). Jacobus Wealth stated it has 1,120 shares. 3,009,435 shares of the company traded hands. It has outperformed by 4.58% the S&P500. (AYI) by 19.29% based on its latest 2016Q4 regulatory filing with the SEC. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued. Following the completion of the sale, the director now owns 1,000 shares of the company’s stock, valued at approximately $200,050. The Texas-based Exxonmobil Inv Mgmt Tx has invested 0.05% in F5 Networks, Inc. About 410,977 shares traded. Southwestern Energy Company (NYSE:SWN) has declined 41.00% since September 9, 2016 and is downtrending. It has underperformed by 47.88% the S&P500.

Investors sentiment decreased to 0.85 in 2016 Q4. Its up 0.05, from 0.94 in 2016Q3. It dropped, as 50 investors sold Acuity Brands, Inc. shares while 145 reduced holdings. 63 funds opened positions while 155 raised stakes. Tarbox Group holds 0% or 12 shares in its portfolio. Acuity Brands earned a coverage optimism score of 0.17 on Accern’s scale. Gotham Asset Mngmt Limited Liability Co holds 0.02% of its portfolio in Acuity Brands, Inc.

Shares of Acuity Brands (NYSE:AYI) opened at 179.75 on Friday. Janus Cap Mgmt Limited Liability Company holds 0.09% or 452,231 shares in its portfolio. The Company operates through North American segment. 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 last quarter.

Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. Washington Bancorp reported 0% stake. Acuity Brands Inc has a one year low of $157.33 and a one year high of $267.08. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since September 11, 2016 and is downtrending. Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0.02% in Acuity Brands, Inc. With 409,200 avg volume, 13 days are for Acuity Brands Incorporated (NYSE:AYI)’s short sellers to cover AYI’s short positions. (NYSE:AYI). Thompson Siegel Walmsley Ltd Liability Co stated it has 0% in Acuity Brands, Inc. (NYSE:AYI) on Thursday, December 8 with “Mkt Underperform” rating. It also increased its holding in Keycorp (NYSE:KEY) by 243,368 shares in the quarter, for a total of 880,457 shares, and has risen its stake in Allergan Plc. Acuity Brands’s revenue was up 4.7% compared to the same quarter past year. Trexquant Invest Ltd Partnership invested in 0.1% or 2,800 shares. AYI’s profit will be $98.65M for 19.54 P/E if the $2.30 EPS becomes a reality. After $2.03 actual earnings per share reported by Acuity Brands, Inc. for the previous quarter, Wall Street now forecasts 13.30% EPS growth.

Among 19 analysts covering Acuity Brands Inc. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company. Therefore 73% are positive. The firm earned “Hold” rating on Friday, June 23 by Stifel Nicolaus. Roth Capital maintained Acuity Brands, Inc. (NYSE:AYI) has “Buy” rating given on Thursday, June 29 by Oppenheimer. The firm earned “Overweight” rating on Wednesday, June 8 by Barclays Capital. Glen Harbor Capital Management LLC raised its position in Acuity Brands by 37.5% during the first quarter. The rating was maintained by Imperial Capital on Thursday, November 5 with “Outperform”. The company is expected to announce its next earnings report on Wednesday, October 4th. The rating was maintained by Cowen & Co on Friday, September 1 with “Buy”. (NYSE:AYI). Credit Suisse Ag reported 137,921 shares. The rating was maintained by Oppenheimer on Tuesday, December 1 with “Outperform”. Acuity Brands’s revenue was up 4.7% on a year-over-year basis. The Firm offers a portfolio of indoor and outdoor lighting and building management solutions for commercial, institutional, industrial, infrastructure and residential applications. Acuity Brands now has a consensus rating of “Hold” and a consensus target price of $219.00. (AYI)’s stock declined 23.17%.

More notable recent Visa Inc (NYSE:V) news were published by: Nasdaq.com which released: “Visa Inc”. Also, Director Peter C. Browning sold 970 shares of the business’s stock in a transaction dated Thursday, July 6th.

Investors sentiment decreased to 1.04 in 2016 Q4.

Since May 1, 2017, it had 0 buys, and 6 selling transactions for $3.54 million activity. Ls Investment Limited invested in 0.02% or 20,414 shares. Harvey Llc has 0.56% invested in Zoetis Inc (NYSE:ZTS). Cibc World Mkts holds 4,846 shares. 48,874 are held by Commonwealth Equity Ser. 6,757 were reported by Gideon Cap Inc. New Jersey Better Educational Savings Trust accumulated 27,000 shares or 1.35% of the stock. Azimuth Capital Mgmt Lc reported 138,215 shares. 90,641 were reported by Ontario Teachers Pension Plan Board. 77,688 were reported by Clearbridge Ltd Liability Corporation. Lipe And Dalton has 15,825 shares. New York-based Jennison Limited Liability Company has invested 0% in Southwestern Energy Company (NYSE:SWN).

Leave a Reply

Your email address will not be published. Required fields are marked *