Knights of Columbus Asset Advisors LLC purchased a new position in shares of LSI Industries Inc. (NASDAQ:LYTS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,234 shares of the construction company's stock, valued at approximately $878,000. Knights of Columbus Asset Advisors LLC owned about 0.15% of LSI Industries as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently bought and sold shares of LYTS. Systematic Financial Management LP increased its holdings in shares of LSI Industries by 7.1% during the 3rd quarter. Systematic Financial Management LP now owns 2,439,120 shares of the construction company's stock worth $39,392,000 after buying an additional 162,160 shares during the last quarter. Barclays PLC increased its stake in LSI Industries by 117.1% during the third quarter. Barclays PLC now owns 69,824 shares of the construction company's stock worth $1,127,000 after acquiring an additional 37,660 shares during the last quarter. Annex Advisory Services LLC increased its stake in LSI Industries by 28.7% during the fourth quarter. Annex Advisory Services LLC now owns 136,747 shares of the construction company's stock worth $2,656,000 after acquiring an additional 30,464 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of LSI Industries by 228.8% in the 4th quarter. Bleakley Financial Group LLC now owns 34,628 shares of the construction company's stock worth $672,000 after purchasing an additional 24,096 shares during the period. Finally, Savant Capital LLC acquired a new position in shares of LSI Industries in the 4th quarter valued at about $368,000. Hedge funds and other institutional investors own 73.91% of the company's stock.
LSI Industries Stock Down 0.4 %
Shares of NASDAQ LYTS traded down $0.07 on Thursday, hitting $17.58. The company had a trading volume of 131,687 shares, compared to its average volume of 117,925. The firm has a market capitalization of $526.01 million, a P/E ratio of 22.83 and a beta of 1.00. The company has a quick ratio of 1.20, a current ratio of 2.08 and a debt-to-equity ratio of 0.16. LSI Industries Inc. has a 12-month low of $13.63 and a 12-month high of $25.50. The business has a 50 day moving average of $19.33 and a two-hundred day moving average of $18.57.
LSI Industries (NASDAQ:LYTS - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The construction company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). LSI Industries had a return on equity of 11.25% and a net margin of 4.47%. As a group, equities research analysts forecast that LSI Industries Inc. will post 0.7 earnings per share for the current fiscal year.
LSI Industries Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Monday, February 3rd were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.14%. The ex-dividend date was Monday, February 3rd. LSI Industries's dividend payout ratio (DPR) is 25.97%.
Analyst Ratings Changes
Several research firms recently commented on LYTS. HC Wainwright raised their price target on shares of LSI Industries from $20.00 to $30.00 and gave the company a "buy" rating in a report on Friday, January 24th. Canaccord Genuity Group raised their target price on shares of LSI Industries from $22.00 to $26.00 and gave the company a "buy" rating in a research note on Friday, January 24th.
View Our Latest Report on LYTS
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.
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