Dividend Flows: $0.13 dividends are within arm’s reach for Acuity Brands Inc (NYSE:AYI) shareholders.

Dividend Flows: $0.13 dividends are within arm's reach for Acuity Brands Inc (NYSE:AYI) shareholders.

Acuity Brands Inc (NYSE:AYI) is expected to pay $0.13 on Nov 1, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Oct 14, 2016 will be eligible to receive the payout. Based on Acuity Brands Inc’s current price of $244.65, the dividend is 0.05%. This dividend’s record date is Oct 18, 2016 and the announcement date is Sep 30, 2016. The stock increased 1.90% or $4.56 during the last trading session, hitting $244.65. Acuity Brands, Inc. (NYSE:AYI) has risen 15.11% since March 10, 2016 and is uptrending. It has outperformed by 7.59% the S&P500.

Acuity Brands, Inc. , is the parent firm of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. The company has a market cap of $10.57 billion. Acuity Brands is a well-known provider of lighting solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. It has a 39.98 P/E ratio. The Company’s lighting solutions include devices, such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions).

Insitutional Activity: The institutional sentiment increased to 1.03 in Q2 2016. Its up 0.04, from 0.99 in 2016Q1. The ratio increased, as 38 funds sold all Acuity Brands, Inc. shares owned while 162 reduced positions. 79 funds bought stakes while 127 increased positions. They now own 39.63 million shares or 8.26% less from 43.20 million shares in 2016Q1.
Lathrop Investment Mgmt reported 69,040 shares or 5.32% of all its holdings. The Texas-based Bbva Compass Inc has invested 0.06% in Acuity Brands, Inc. (NYSE:AYI). Pinnacle Fincl Prtn Inc accumulated 0.08% or 1,260 shares. Ubs Asset Mgmt Americas Inc last reported 101,257 shares in the company. Tompkins Corp has 0.01% invested in the company for 175 shares. Guggenheim Lc holds 177,803 shares or 0.14% of its portfolio. Moreover, Verition Fund Mgmt Limited Liability Co has 0.06% invested in Acuity Brands, Inc. (NYSE:AYI) for 1,949 shares. Norinchukin Natl Bank The has 2,300 shares for 0.01% of their US portfolio. Ibm Retirement Fund reported 5,157 shares or 0.05% of all its holdings. Robeco Institutional Asset Management Bv has 25,329 shares for 0.05% of their US portfolio. Arcadia Inv Management Mi accumulated 0% or 8 shares. Bb&T Limited Liability Company holds 0.01% or 1,734 shares in its portfolio. Century Companies holds 0.19% or 686,571 shares in its portfolio. The Belgium-based Kbc Nv has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). Domini Social Limited Com last reported 10.8% of its portfolio in the stock.

Insider Transactions: Since April 14, 2016, the stock had 0 insider buys, and 6 selling transactions for $41.90 million net activity. The insider NAGEL VERNON J sold $2.30M. The insider BROWNING PETER C sold $161,055. REECE RICHARD K sold 33,430 shares worth $9.00 million. Black Mark A had sold 2,654 shares worth $664,217. Another trade for 786 shares valued at $195,360 was sold by ROBINSON RAY M.

Acuity Brands, Inc. (NYSE:AYI) Ratings Coverage

Out of 10 analysts covering Acuity Brands Inc. (NYSE:AYI), 7 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 70% are positive. $306 is the highest target while $233 is the lowest. The $275.25 average target is 12.51% above today’s ($244.65) stock price. Acuity Brands Inc. has been the topic of 18 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Oppenheimer given on Thursday, April 7. The firm has “Outperform” rating given on Friday, February 12 by Oppenheimer. The firm earned “Neutral” rating on Thursday, August 25 by TH Capital. Williams Capital Group initiated it with “Buy” rating and $306 target price in Friday, September 30 report. The rating was initiated by Roth Capital on Thursday, August 25 with “Neutral”. The firm earned “Buy” rating on Monday, November 30 by Canaccord Genuity. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Buy” rating by Canaccord Genuity on Thursday, October 6. Credit Agricole initiated Acuity Brands, Inc. (NYSE:AYI) on Thursday, February 25 with “Buy” rating. The stock of Acuity Brands, Inc. (NYSE:AYI) earned “Outperform” rating by CLSA on Thursday, April 7. Oppenheimer maintained Acuity Brands, Inc. (NYSE:AYI) on Tuesday, December 1 with “Outperform” rating.

More important recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Nasdaq.com which released: “Acuity Brands, Inc. New nLight® AIR Wireless Controls Reduce Complexity and …” on October 12, 2016, also Wsj.com published article titled: “Acuity Brands Growth Less Than Expected”, Zacks.com published: “Acuity Brands (AYI) Q4 Earnings: A Surprise in the Cards?” on October 03, 2016. More interesting news about Acuity Brands, Inc. (NYSE:AYI) was released by: Forbes.com and their article: “RSI Alert: Acuity Brands (AYI) Now Oversold” with publication date: October 05, 2016.

AYI Company Profile

Acuity Brands, Inc. (Acuity Brands), incorporated on September 20, 2007, is the parent firm of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. Acuity Brands is a well-known provider of lighting solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. The Company’s lighting solutions include devices, such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions). On March 13, 2013, the Company acquired eldoLED Europe BV.

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