SG Americas Securities LLC Takes $121,000 Position in LSI Industries Inc. (NASDAQ:LYTS)

SG Americas Securities LLC bought a new stake in LSI Industries Inc. (NASDAQ:LYTS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,571 shares of the construction company’s stock, valued at approximately $121,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Campbell & CO Investment Adviser LLC increased its holdings in LSI Industries by 2.2% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 43,736 shares of the construction company’s stock valued at $695,000 after purchasing an additional 934 shares during the last quarter. Victory Capital Management Inc. increased its holdings in LSI Industries by 10.2% in the 4th quarter. Victory Capital Management Inc. now owns 11,457 shares of the construction company’s stock valued at $140,000 after purchasing an additional 1,062 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of LSI Industries by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 225,597 shares of the construction company’s stock worth $3,143,000 after acquiring an additional 1,242 shares in the last quarter. EAM Investors LLC grew its stake in shares of LSI Industries by 0.6% in the fourth quarter. EAM Investors LLC now owns 227,017 shares of the construction company’s stock worth $2,779,000 after acquiring an additional 1,446 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of LSI Industries by 2.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 74,334 shares of the construction company’s stock worth $1,180,000 after acquiring an additional 1,607 shares in the last quarter. Institutional investors and hedge funds own 73.91% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of LSI Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 3rd.

LSI Industries Stock Performance

NASDAQ:LYTS opened at $13.99 on Friday. The company has a fifty day simple moving average of $14.51 and a two-hundred day simple moving average of $14.21. The company has a market cap of $406.69 million, a price-to-earnings ratio of 15.37 and a beta of 0.85. The company has a quick ratio of 1.24, a current ratio of 2.16 and a debt-to-equity ratio of 0.10. LSI Industries Inc. has a 52 week low of $11.44 and a 52 week high of $16.97.

LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings results on Thursday, January 25th. The construction company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.07 by $0.13. The business had revenue of $109.01 million during the quarter, compared to the consensus estimate of $107.70 million. LSI Industries had a net margin of 5.71% and a return on equity of 14.91%. As a group, equities analysts anticipate that LSI Industries Inc. will post 0.89 earnings per share for the current fiscal year.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Monday, February 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $0.20 annualized dividend and a dividend yield of 1.43%. LSI Industries’s dividend payout ratio (DPR) is currently 21.98%.

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.