<div id="readability-page-1"><p>Los Angeles Capital Management LLC decreased its holdings in shares of  Acuity, Inc. (NYSE:AYI - Free Report) by 22.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 4,602 shares of the electronics maker's stock after selling 1,340 shares during the quarter. Los Angeles Capital Management LLC's holdings in Acuity were worth $1,373,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>3 construction stocks you need to know about </li></ul><p>Several other large investors have also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC raised its position in  Acuity by 3,175.0% in the second quarter. Golden State Wealth Management LLC now owns 131 shares of the electronics maker's stock valued at $39,000 after purchasing an additional 127 shares during the period.  Sprucegrove Investment Management Ltd. acquired a new stake in shares of  Acuity in the second quarter valued at about $119,000.  Atlantic Union Bankshares Corp purchased a new stake in shares of  Acuity during the 2nd quarter valued at about $182,000.  BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in  Acuity during the 2nd quarter worth approximately $107,000.  Finally, Machina Capital S.A.S. purchased a new position in  Acuity in the 2nd quarter worth approximately $314,000. 98.21% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Activity at Acuity</h2><p>In other news, SVP Barry R. Goldman sold 4,687 shares of the stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $368.01, for a total transaction of $1,724,862.87. Following the transaction, the senior vice president owned 10,545 shares of the company's stock, valued at approximately $3,880,665.45. This trade represents a 30.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own  2.80% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Acuity Brands stock: A good play on falling rates</li></ul><p>A number of analysts have recently issued reports on AYI shares. TD Cowen lifted their price objective on shares of Acuity from $330.00 to $390.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 2nd. Cowen  reaffirmed a &#34;buy&#34; rating on shares of Acuity in a report on Thursday, October 2nd. Zacks Research raised shares of Acuity from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Monday, October 6th. Morgan Stanley upped their price objective on shares of Acuity from $365.00 to $425.00 and gave the company an &#34;overweight&#34; rating in a research report on Thursday, October 2nd. Finally, Weiss Ratings downgraded Acuity from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research note on Friday, November 7th. One research analyst  has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned  a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $395.17.</p><p><b>Read Our Latest Stock Report on Acuity</b></p><h2>Acuity Trading Up 0.5%</h2><ul><li>Acuity Brands Lights Up Opportunity In The Industrial Sector </li></ul><p>AYI opened at $360.65 on Thursday. Acuity, Inc. has a 12-month low of $216.81 and a 12-month high of $375.67. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.95 and a quick ratio of 1.33. The stock has a market capitalization of $11.04 billion, a PE ratio of 28.78, a P/E/G ratio of 1.94 and a beta of 1.62. The firm's fifty day moving average price is $352.24 and its 200 day moving average price is $311.20. </p><h2>Acuity Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 17th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, October 17th. Acuity's dividend payout ratio  is 5.43%. </p><h2>Acuity Profile</h2> (Free Report)<p>Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Acuity</li><li>What Are Trending Stocks? Trending Stocks Explained</li><li>Rare Earth Stocks: The Truce That Isn't a Truce</li><li>Basic Materials Stocks Investing</li><li>Carving Up Profits: 3 Food Stocks on the Thanksgiving Table</li><li>Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time</li><li>C3.ai's Reset: Why New Leadership Could Spark a Turnaround</li></ul><p><strong>Want to see what other hedge funds are holding AYI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Acuity, Inc. (NYSE:AYI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFZSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFZSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Acuity Right Now?</h2><p>Before you consider Acuity, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acuity wasn't on the list.</p><p>While Acuity currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Los Angeles Capital Management LLC reduced its stake in Acuity, Inc. by 22.6% in Q2, owning 4,602 shares worth $1,373,000. Other investors adjusted their positions, with institutional ownership at 98.21%. Insider Barry R. Goldman sold 4,687 shares. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a target price of $395.17. Acuity's stock opened at $360.65, with a market cap of $11.04 billion. The company announced a $0.17 quarterly dividend.</p>

Los Angeles Capital Management LLC Cuts Stock Position in Acuity, Inc. $AYI