Captrust Financial Advisors boosted its position in Acuity Brands, Inc. (NYSE:AYI) by 29.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,819 shares of the electronics maker’s stock after acquiring an additional 410 shares during the quarter. Captrust Financial Advisors’ holdings in Acuity Brands were worth $209,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Brown Advisory Securities LLC raised its position in Acuity Brands by 25.9% in the fourth quarter. Brown Advisory Securities LLC now owns 1,896 shares of the electronics maker’s stock valued at $219,000 after purchasing an additional 390 shares during the period. Stifel Financial Corp raised its position in Acuity Brands by 14.1% in the fourth quarter. Stifel Financial Corp now owns 8,174 shares of the electronics maker’s stock valued at $928,000 after purchasing an additional 1,010 shares during the period. Dimensional Fund Advisors LP raised its position in Acuity Brands by 42.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 401,655 shares of the electronics maker’s stock valued at $46,170,000 after purchasing an additional 119,548 shares during the period. Commonwealth Bank of Australia raised its position in Acuity Brands by 29.2% in the fourth quarter. Commonwealth Bank of Australia now owns 442 shares of the electronics maker’s stock valued at $50,000 after purchasing an additional 100 shares during the period. Finally, Hsbc Holdings PLC raised its position in Acuity Brands by 52.2% in the fourth quarter. Hsbc Holdings PLC now owns 15,887 shares of the electronics maker’s stock valued at $1,826,000 after purchasing an additional 5,447 shares during the period. Hedge funds and other institutional investors own 92.86% of the company’s stock.

Shares of NYSE AYI opened at $130.75 on Friday. Acuity Brands, Inc. has a 1 year low of $103.48 and a 1 year high of $173.01. The stock has a market cap of $5.24 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 1.41 and a beta of 1.56. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 1.92.

Acuity Brands (NYSE:AYI) last announced its earnings results on Wednesday, January 9th. The electronics maker reported $2.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.02 by $0.30. Acuity Brands had a return on equity of 20.88% and a net margin of 9.49%. The business had revenue of $932.60 million for the quarter, compared to analyst estimates of $920.39 million. During the same period in the previous year, the company earned $1.94 earnings per share. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. Equities research analysts anticipate that Acuity Brands, Inc. will post 8.83 earnings per share for the current year.

AYI has been the topic of a number of analyst reports. Roth Capital set a $150.00 target price on Acuity Brands and gave the stock a “sell” rating in a research report on Thursday, December 20th. Wells Fargo & Co dropped their target price on Acuity Brands from $161.00 to $159.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 2nd. Credit Suisse Group reaffirmed a “market perform” rating and set a $128.00 target price (down from $135.00) on shares of Acuity Brands in a research report on Thursday, January 3rd. Zacks Investment Research raised Acuity Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, January 8th. Finally, Oppenheimer dropped their target price on Acuity Brands from $170.00 to $166.00 in a research report on Friday, January 11th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. Acuity Brands presently has a consensus rating of “Hold” and a consensus price target of $151.67.

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Acuity Brands Profile

Acuity Brands, Inc provides lighting and building management solutions and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. The company offers lighting and control products and solutions, including recessed, surface, and suspended lighting; down, decorative, emergency and exit, track, day, special-use, street and roadway, parking garage, underwater, area pedestrian, flood, decorative site, and landscape lighting; occupancy sensors; photo controls; relay panels; architectural dimming panels; and integrated lighting controls systems.

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

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