Acuity Brands INC (AYI) Holder Nuveen Asset Management LLC Trimmed Its Holding by $8.14 Million

Acuity Brands, Inc. (NYSE:AYI) LogoInvestors sentiment decreased to 1.05 in 2019 Q2. Its down 0.32, from 1.37 in 2019Q1. It dropped, as 37 investors sold AYI shares while 107 reduced holdings. 52 funds opened positions while 99 raised stakes. 36.22 million shares or 2.48% more from 35.34 million shares in 2019Q1 were reported. Caisse De Depot Et Placement Du Quebec invested 0% in Acuity Brands, Inc. (NYSE:AYI). Cibc Asset Management owns 2,144 shares for 0% of their portfolio. Kbc Gru Nv, Belgium-based fund reported 28,759 shares. Pnc Gru holds 3,285 shares. Moreover, Ls Investment Advsrs Ltd has 0.02% invested in Acuity Brands, Inc. (NYSE:AYI) for 2,701 shares. Illinois-based Optimum Inv has invested 0% in Acuity Brands, Inc. (NYSE:AYI). Thompson Siegel & Walmsley Lc reported 100 shares stake. Charles Schwab Investment Mgmt reported 0.02% in Acuity Brands, Inc. (NYSE:AYI). Macquarie Grp Incorporated Ltd holds 0% or 16,100 shares in its portfolio. The United Kingdom-based Aviva Public Limited Company has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). Tci Wealth Advisors Inc invested in 0% or 11 shares. Citigroup holds 0% in Acuity Brands, Inc. (NYSE:AYI) or 36,816 shares. California State Teachers Retirement Sys owns 67,141 shares or 0.02% of their US portfolio. Gamco Investors Et Al, New York-based fund reported 6,822 shares. Ajo Limited Partnership holds 10,436 shares or 0.01% of its portfolio.

Nuveen Asset Management Llc decreased its stake in Acuity Brands Inc (AYI) by 23.5% based on its latest 2019Q2 regulatory filing with the SEC. Nuveen Asset Management Llc sold 59,413 shares as the company’s stock declined 7.00% . The institutional investor held 193,386 shares of the building products company at the end of 2019Q2, valued at $26.67 million, down from 252,799 at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Acuity Brands Inc for a number of months, seems to be less bullish one the $5.55 billion market cap company. The stock increased 1.75% or $2.4 during the last trading session, reaching $139.16. About 288,394 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 1.37% since September 13, 2018 and is downtrending. It has underperformed by 1.37% the S&P500.

Nuveen Asset Management Llc, which manages about $253.88 billion US Long portfolio, upped its stake in Hp Inc by 6.64M shares to 7.67 million shares, valued at $159.55M in 2019Q2, according to the filing. It also increased its holding in Rockwell Automation Inc (NYSE:ROK) by 1.34M shares in the quarter, for a total of 1.42M shares, and has risen its stake in Discover Finl Svcs (NYSE:DFS).

Analysts await Acuity Brands, Inc. (NYSE:AYI) to report earnings on October, 2. They expect $2.69 EPS, up 6.75 % or $0.17 from last year’s $2.52 per share. AYI’s profit will be $107.32M for 12.93 P/E if the $2.69 EPS becomes a reality. After $2.37 actual EPS reported by Acuity Brands, Inc. for the previous quarter, Wall Street now forecasts 13.50 % EPS growth.

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Finance.Yahoo.com which released: “Why Acuity Brands, Inc. (NYSE:AYI) Is A Financially Healthy Company – Yahoo Finance” on June 12, 2019, also Finance.Yahoo.com with their article: “Here is What Hedge Funds Think About Acuity Brands, Inc. (NYSE:AYI) – Yahoo Finance” published on April 23, 2019, Finance.Yahoo.com published: “At US$137, Is Acuity Brands, Inc. (NYSE:AYI) Worth Looking At Closely? – Yahoo Finance” on May 17, 2019. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Globenewswire.com and their article: “Acuity Brands Reports Fiscal 2019 First Quarter Results – GlobeNewswire” published on January 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “Want To Invest In Acuity Brands, Inc. (NYSE:AYI)? Here’s How It Performed Lately – Yahoo Finance” with publication date: July 20, 2019.

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

Among 3 analysts covering Acuity Brands (NYSE:AYI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Acuity Brands has $184 highest and $155 lowest target. $166.33’s average target is 19.52% above currents $139.16 stock price. Acuity Brands had 6 analyst reports since March 21, 2019 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, April 4 by Wells Fargo. The firm has “Outperform” rating given on Thursday, April 4 by Robert W. Baird. The firm has “Market Outperform” rating by JMP Securities given on Thursday, April 4.

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

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