UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in LSI Industries Inc. (NASDAQ:LYTS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in LSI Industries Inc. (NASDAQ:LYTS) by 7.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,260 shares of the construction company’s stock after selling 3,708 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in LSI Industries were worth $747,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Quest Partners LLC bought a new position in shares of LSI Industries in the 2nd quarter valued at about $28,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake 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 valued at $126,000 after purchasing an additional 4,065 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of LSI Industries in the 3rd quarter worth approximately $183,000. Squarepoint Ops LLC bought a new position in shares of LSI Industries during the 2nd quarter valued at approximately $191,000. Finally, Principal Financial Group Inc. raised its holdings in LSI Industries by 10.4% during the 2nd quarter. Principal Financial Group Inc. now owns 14,793 shares of the construction company’s stock valued at $214,000 after buying an additional 1,398 shares during the period. 73.91% of the stock is currently owned by institutional investors.

LSI Industries Stock Up 0.7 %

Shares of LYTS opened at $19.04 on Friday. The company has a quick ratio of 1.19, a current ratio of 2.08 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average of $18.79 and a 200 day moving average of $16.51. The company has a market cap of $568.12 million, a PE ratio of 24.10 and a beta of 0.92. LSI Industries Inc. has a 52-week low of $13.32 and a 52-week high of $21.19.

LSI Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.05%. LSI Industries’s dividend payout ratio is presently 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.