Barclays PLC Grows Stake in LSI Industries Inc. (NASDAQ:LYTS)

Barclays PLC increased its holdings in LSI Industries Inc. (NASDAQ:LYTS - Free Report) by 117.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,824 shares of the construction company's stock after buying an additional 37,660 shares during the quarter. Barclays PLC owned 0.23% of LSI Industries worth $1,127,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. raised its position in LSI Industries by 10.4% in the second quarter. Principal Financial Group Inc. now owns 14,793 shares of the construction company's stock worth $214,000 after acquiring an additional 1,398 shares during the period. Rhumbline Advisers raised its holdings in LSI Industries by 11.3% in the 2nd quarter. Rhumbline Advisers now owns 42,350 shares of the construction company's stock worth $613,000 after purchasing an additional 4,303 shares during the period. Quest Partners LLC purchased a new position in LSI Industries during the second quarter valued at $28,000. American Century Companies Inc. lifted its position in LSI Industries by 38.2% during the second quarter. American Century Companies Inc. now owns 342,355 shares of the construction company's stock valued at $4,954,000 after purchasing an additional 94,564 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in LSI Industries by 8.1% during the second quarter. Hsbc Holdings PLC now owns 57,998 shares of the construction company's stock valued at $836,000 after purchasing an additional 4,341 shares during the period. Hedge funds and other institutional investors own 73.91% of the company's stock.

LSI Industries Stock Performance

Shares of NASDAQ LYTS traded up $0.58 during trading on Tuesday, hitting $18.92. The company had a trading volume of 97,991 shares, compared to its average volume of 102,874. LSI Industries Inc. has a 12 month low of $13.32 and a 12 month high of $21.19. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 2.08. The firm has a market capitalization of $564.53 million, a P/E ratio of 23.95 and a beta of 0.93. The stock has a 50 day simple moving average of $19.76 and a 200 day simple moving average of $17.06.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Monday, November 18th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.06%. LSI Industries's dividend payout ratio (DPR) is presently 25.32%.

LSI Industries Company Profile

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.