Annex Advisory Services LLC lifted its holdings in LSI Industries Inc. (NASDAQ:LYTS - Free Report) by 28.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,747 shares of the construction company's stock after acquiring an additional 30,464 shares during the period. Annex Advisory Services LLC owned 0.46% of LSI Industries worth $2,656,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the business. Quarry LP bought a new position in LSI Industries in the 3rd quarter worth approximately $39,000. Fortitude Family Office LLC boosted its position in shares of LSI Industries by 1,559.9% during the fourth quarter. Fortitude Family Office LLC now owns 3,187 shares of the construction company's stock worth $62,000 after acquiring an additional 2,995 shares during the last quarter. SG Americas Securities LLC purchased a new position in LSI Industries during the third quarter valued at $183,000. Squarepoint Ops LLC bought a new stake in LSI Industries in the 2nd quarter valued at $191,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in LSI Industries in the 3rd quarter worth $205,000. Hedge funds and other institutional investors own 73.91% of the company's stock.
LSI Industries Price Performance
Shares of LSI Industries stock traded down $0.06 during trading on Monday, reaching $19.23. 87,623 shares of the stock traded hands, compared to its average volume of 116,643. LSI Industries Inc. has a 52-week low of $13.32 and a 52-week high of $21.19. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.08 and a quick ratio of 1.19. The business has a fifty day simple moving average of $19.81 and a two-hundred day simple moving average of $17.20. The company has a market capitalization of $573.82 million, a price-to-earnings ratio of 24.34 and a beta of 0.93.
LSI Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Monday, November 18th. LSI Industries's payout ratio is 25.32%.
LSI Industries Company Profile
(
Free Report)
LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.
See Also
Before you consider LSI Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LSI Industries wasn't on the list.
While LSI Industries currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
