Acuity Brands INC (AYI) Shareholder Generation Investment Management Llp Has Cut Holding by $3.94 Million as Market Value Declined

Acuity Brands, Inc. (NYSE:AYI) LogoInvestors sentiment decreased to 0.87 in Q3 2018. Its down 0.35, from 1.22 in 2018Q2. It dived, as 40 investors sold AYI shares while 140 reduced holdings. 73 funds opened positions while 83 raised stakes. 38.02 million shares or 4.73% less from 39.90 million shares in 2018Q2 were reported. Amer Intll Group Inc stated it has 82,414 shares or 0.04% of all its holdings. Price Cap has 0.57% invested in Acuity Brands, Inc. (NYSE:AYI) for 10,211 shares. Federated Investors Pa stated it has 0.01% in Acuity Brands, Inc. (NYSE:AYI). Nordea Investment Mngmt owns 12,660 shares for 0% of their portfolio. Jfs Wealth Advsr Ltd holds 0% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 30 shares. Bp Public Ltd Liability Corporation reported 0.03% stake. Utah Retirement has invested 0.02% in Acuity Brands, Inc. (NYSE:AYI). Gam Holding Ag holds 0.05% or 9,418 shares in its portfolio. Huntington Savings Bank stated it has 0% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Seizert Prtnrs Lc invested 2.63% in Acuity Brands, Inc. (NYSE:AYI). Georgia-based Homrich Berg has invested 0.03% in Acuity Brands, Inc. (NYSE:AYI). Marshall Wace Limited Liability Partnership holds 0% or 1,485 shares. Numerixs Invest Technologies Inc owns 3,790 shares or 0.11% of their US portfolio. Moreover, Barclays Public Lc has 0.01% invested in Acuity Brands, Inc. (NYSE:AYI) for 70,799 shares. Two Sigma Securities Ltd Liability Company has 0% invested in Acuity Brands, Inc. (NYSE:AYI).

Generation Investment Management Llp decreased its stake in Acuity Brands Inc (AYI) by 0.68% based on its latest 2018Q3 regulatory filing with the SEC. Generation Investment Management Llp sold 23,032 shares as the company’s stock declined 24.92% with the market. The hedge fund held 3.35 million shares of the building products company at the end of 2018Q3, valued at $573.98 million, down from 3.37M at the end of the previous reported quarter. Generation Investment Management Llp who had been investing in Acuity Brands Inc for a number of months, seems to be less bullish one the $4.81 billion market cap company. The stock decreased 0.51% or $0.62 during the last trading session, reaching $121.11. About 245,190 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 29.64% since January 14, 2018 and is downtrending. It has underperformed by 29.64% the S&P500.

Generation Investment Management Llp, which manages about $10.41 billion US Long portfolio, upped its stake in Schein Henry Inc (NASDAQ:HSIC) by 1.02 million shares to 1.67M shares, valued at $136.75 million in 2018Q3, according to the filing. It also increased its holding in Chipotle Mexican Grill Inc (NYSE:CMG) by 323,770 shares in the quarter, for a total of 931,019 shares, and has risen its stake in Sensata Technologies Hldg Nv (NYSE:ST).

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Globenewswire.com which released: “Acuity Brands Declares Quarterly Dividend NYSE:AYI – GlobeNewswire” on January 04, 2019, also Seekingalpha.com with their article: “Acuity Brands – there’s more upside – Seeking Alpha” published on July 03, 2018, Benzinga.com published: “Goldman Sachs: Acuity Brands (NYSE: AYI) Risk-Reward Profile Has Turned Unfavorable – Benzinga” on September 12, 2018. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Benzinga.com and their article: “Earnings Scheduled For January 9, 2019 – Benzinga” published on January 09, 2019 as well as Globenewswire.com‘s news article titled: “Acuity Brands Reports Record Quarterly and Full-Year Results – GlobeNewswire” with publication date: October 03, 2018.

Acuity Brands, Inc. (NYSE:AYI) Ratings Coverage

Among 4 analysts covering Acuity Brands (NYSE:AYI), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Acuity Brands had 6 analyst reports since September 7, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, January 2 by Wells Fargo. As per Friday, September 21, the company rating was upgraded by Wells Fargo. Robert W. Baird upgraded Acuity Brands, Inc. (NYSE:AYI) on Friday, September 7 to “Outperform” rating. Goldman Sachs downgraded the shares of AYI in report on Wednesday, September 12 to “Sell” rating. The firm earned “Outperform” rating on Thursday, October 4 by Wells Fargo.

Acuity Brands, Inc. (NYSE:AYI) Ratings Chart

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