Creative Planning Has $280,000 Position in LSI Industries, Inc. (NASDAQ:LYTS) - Slater Sentinel - Home Builder Developer, Interior Renovation and Design Home Builder Developer, Interior Renovation and Design

Home » Indoor Lighting » Creative Planning Has $280,000 Position in LSI Industries, Inc. (NASDAQ:LYTS) – Slater Sentinel

Creative Planning lowered its stake in shares of LSI Industries, Inc. (NASDAQ:LYTS) by 28.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,644 shares of the construction companys stock after selling 20,825 shares during the period. Creative Planning owned approximately 0.20% of LSI Industries worth $280,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of LYTS. Brinker Capital Inc. raised its holdings in LSI Industries by 9.3% in the third quarter. Brinker Capital Inc. now owns 38,879 shares of the construction companys stock valued at $203,000 after buying an additional 3,312 shares during the period. River & Mercantile Asset Management LLP acquired a new stake in LSI Industries in the second quarter valued at $879,000. Vanguard Group Inc. lifted its position in shares of LSI Industries by 58.6% during the second quarter. Vanguard Group Inc. now owns 1,174,721 shares of the construction companys stock worth $4,287,000 after purchasing an additional 434,017 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of LSI Industries by 13.4% during the second quarter. Jacobs Levy Equity Management Inc. now owns 27,885 shares of the construction companys stock worth $102,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Parametric Portfolio Associates LLC acquired a new position in LSI Industries in the second quarter worth about $45,000. 60.66% of the stock is currently owned by institutional investors.

Several research analysts have recently commented on the company. Zacks Investment Research upgraded LSI Industries from a strong sell rating to a hold rating in a research report on Tuesday, September 24th. ValuEngine downgraded shares of LSI Industries from a buy rating to a hold rating in a report on Wednesday, December 4th.

LSI Industries (NASDAQ:LYTS) last issued its earnings results on Wednesday, November 6th. The construction company reported $0.04 earnings per share for the quarter, hitting the Thomson Reuters consensus estimate of $0.04. LSI Industries had a negative return on equity of 0.16% and a negative net margin of 4.09%. The firm had revenue of $88.70 million for the quarter, compared to analyst estimates of $85.00 million. On average, sell-side analysts predict that LSI Industries, Inc. will post 0.25 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend was Friday, November 15th. LSI Industriess payout ratio is 500.00%.

LSI Industries Company Profile

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

Creative Planning Has $280,000 Position in LSI Industries, Inc. (NASDAQ:LYTS) – Slater Sentinel

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