LSI Industries Inc. (NASDAQ:LYTS) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lessened its holdings in shares of LSI Industries Inc. (NASDAQ:LYTS) by 3.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,604 shares of the construction company’s stock after selling 1,523 shares during the quarter. Ritholtz Wealth Management owned about 0.14% of LSI Industries worth $808,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in LSI Industries by 0.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 145,171 shares of the construction company’s stock worth $2,345,000 after purchasing an additional 494 shares during the period. Wedge Capital Management L L P NC boosted its holdings in shares of LSI Industries by 0.9% in the third quarter. Wedge Capital Management L L P NC now owns 85,140 shares of the construction company’s stock valued at $1,375,000 after acquiring an additional 740 shares in the last quarter. Martingale Asset Management L P increased its stake in shares of LSI Industries by 1.4% during the third quarter. Martingale Asset Management L P now owns 82,256 shares of the construction company’s stock valued at $1,328,000 after acquiring an additional 1,102 shares during the period. Essex Investment Management Co. LLC raised its holdings in LSI Industries by 0.4% during the third quarter. Essex Investment Management Co. LLC now owns 306,397 shares of the construction company’s stock worth $4,948,000 after purchasing an additional 1,111 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in LSI Industries by 3.4% in the third quarter. Janney Montgomery Scott LLC now owns 46,911 shares of the construction company’s stock worth $758,000 after purchasing an additional 1,535 shares during the period. Institutional investors own 73.91% of the company’s stock.

LSI Industries Stock Down 0.3 %

Shares of LYTS stock opened at $19.23 on Monday. LSI Industries Inc. has a 1 year low of $13.32 and a 1 year high of $21.19. 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 business’s fifty day moving average is $19.81 and its 200-day moving average is $17.20. The stock has a market cap of $573.78 million, a PE ratio of 24.34 and a beta of 0.93.

LSI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Monday, November 18th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.04%. The ex-dividend date was Monday, November 18th. LSI Industries’s dividend payout ratio (DPR) 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.