Maya Leibman Purchases 200 Shares of Acuity Brands, Inc. (NYSE:AYI) Stock

Acuity Brands, Inc. (NYSE:AYI) Director Maya Leibman bought 200 shares of the stock in a transaction dated Thursday, April 25th. The stock was bought at an average price of $248.91 per share, with a total value of $49,782.00. Following the purchase, the director now owns 200 shares of the company’s stock, valued at approximately $49,782. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Acuity Brands Trading Up 0.2 %

NYSE:AYI opened at $252.16 on Friday. The company has a quick ratio of 1.96, a current ratio of 2.59 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $257.01 and its two-hundred day moving average is $219.57. Acuity Brands, Inc. has a 52 week low of $149.30 and a 52 week high of $272.74. The company has a market cap of $7.77 billion, a PE ratio of 21.08, a P/E/G ratio of 1.74 and a beta of 1.49.

Acuity Brands (NYSE:AYI) last released its earnings results on Wednesday, April 3rd. The electronics maker reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.23. Acuity Brands had a return on equity of 21.22% and a net margin of 9.81%. The company had revenue of $905.90 million for the quarter, compared to the consensus estimate of $897.01 million. On average, analysts predict that Acuity Brands, Inc. will post 14.48 EPS for the current year.

Acuity Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Wednesday, April 17th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend is Tuesday, April 16th. Acuity Brands’s dividend payout ratio is presently 5.02%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Robert W. Baird increased their price target on Acuity Brands from $236.00 to $286.00 and gave the company a “neutral” rating in a report on Tuesday, March 26th. Wells Fargo & Company increased their price target on Acuity Brands from $260.00 to $295.00 and gave the company an “overweight” rating in a report on Thursday, April 4th. StockNews.com raised Acuity Brands from a “buy” rating to a “strong-buy” rating in a report on Friday, April 5th. The Goldman Sachs Group increased their price target on Acuity Brands from $227.00 to $261.00 and gave the company a “neutral” rating in a report on Thursday, April 4th. Finally, Oppenheimer increased their price target on Acuity Brands from $250.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $289.25.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AYI. Venturi Wealth Management LLC lifted its holdings in shares of Acuity Brands by 77.3% in the 4th quarter. Venturi Wealth Management LLC now owns 133 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 58 shares during the last quarter. EdgeRock Capital LLC bought a new stake in shares of Acuity Brands in the 4th quarter worth approximately $29,000. Raleigh Capital Management Inc. lifted its holdings in shares of Acuity Brands by 5,666.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 173 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 170 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Acuity Brands by 85.7% in the 4th quarter. Global Retirement Partners LLC now owns 221 shares of the electronics maker’s stock worth $50,000 after purchasing an additional 102 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Acuity Brands by 900.0% in the 4th quarter. Assetmark Inc. now owns 250 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 225 shares during the last quarter. Institutional investors own 98.21% of the company’s stock.

Acuity Brands Company Profile

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.