Barclays PLC Acquires 37,660 Shares of LSI Industries Inc. (NASDAQ:LYTS)

Barclays PLC boosted its stake in shares of LSI Industries Inc. (NASDAQ:LYTS) by 117.1% in the third quarter, Holdings Channel reports. The institutional investor owned 69,824 shares of the construction company’s stock after acquiring an additional 37,660 shares during the period. Barclays PLC’s holdings in LSI Industries were worth $1,127,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quest Partners LLC purchased a new stake in shares of LSI Industries during the 2nd quarter worth $28,000. Quarry LP bought a new stake in shares of LSI Industries in the 3rd quarter valued at about $39,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of LSI Industries by 87.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,740 shares of the construction company’s stock worth $126,000 after buying an additional 4,065 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of LSI Industries during the 3rd quarter worth approximately $183,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in LSI Industries during the third quarter valued at approximately $205,000. Institutional investors own 73.91% of the company’s stock.

LSI Industries Price Performance

Shares of LYTS stock opened at $19.43 on Monday. The firm has a market capitalization of $579.75 million, a price-to-earnings ratio of 24.59 and a beta of 0.92. 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 stock’s 50-day simple moving average is $19.16 and its 200-day simple moving average is $16.71. LSI Industries Inc. has a fifty-two week low of $13.32 and a fifty-two week high of $21.19.

LSI Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Monday, November 18th were issued 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 yield of 1.03%. LSI Industries’s payout ratio is 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.