Orion Portfolio Solutions LLC Has $895,000 Stock Position in LSI Industries Inc. (NASDAQ:LYTS)

Orion Portfolio Solutions LLC increased its stake in shares of LSI Industries Inc. (NASDAQ:LYTS - Free Report) by 60.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,098 shares of the construction company's stock after buying an additional 17,382 shares during the period. Orion Portfolio Solutions LLC owned 0.15% of LSI Industries worth $895,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LYTS. FMR LLC lifted its position in LSI Industries by 24.0% during the 3rd quarter. FMR LLC now owns 86,748 shares of the construction company's stock worth $1,401,000 after buying an additional 16,780 shares in the last quarter. Centiva Capital LP acquired a new position in LSI Industries during the 3rd quarter valued at about $220,000. Quarry LP acquired a new position in LSI Industries during the 3rd quarter valued at about $39,000. State Street Corp lifted its position in LSI Industries by 1.1% during the 3rd quarter. State Street Corp now owns 574,275 shares of the construction company's stock valued at $9,275,000 after purchasing an additional 6,098 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in LSI Industries during the 3rd quarter valued at about $205,000. Institutional investors and hedge funds own 73.91% of the company's stock.

LSI Industries Trading Down 1.3 %

Shares of NASDAQ:LYTS traded down $0.22 during mid-day trading on Thursday, reaching $16.35. The stock had a trading volume of 8,963 shares, compared to its average volume of 160,498. The firm has a market cap of $489.21 million, a PE ratio of 21.23 and a beta of 0.70. The firm has a 50 day simple moving average of $18.29 and a two-hundred day simple moving average of $18.62. The company has a current ratio of 2.08, a quick ratio of 1.20 and a debt-to-equity ratio of 0.16. LSI Industries Inc. has a twelve month low of $13.63 and a twelve month high of $25.50.

LSI Industries (NASDAQ:LYTS - Get Free Report) last announced 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 net margin of 4.47% and a return on equity of 11.25%. On average, research analysts predict that LSI Industries Inc. will post 0.7 EPS for the current fiscal year.

LSI Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Monday, February 3rd were paid a $0.05 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.20 annualized dividend and a dividend yield of 1.22%. LSI Industries's dividend payout ratio is presently 25.97%.

Wall Street Analyst Weigh In

LYTS has been the topic of a number of research reports. HC Wainwright upped their target price on shares of LSI Industries from $20.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, January 24th. StockNews.com upgraded shares of LSI Industries from a "buy" rating to a "strong-buy" rating in a research report on Sunday. Finally, Canaccord Genuity Group increased their price target on shares of LSI Industries from $22.00 to $26.00 and gave the company a "buy" rating in a research report on Friday, January 24th.

About LSI Industries

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.