State Street Corp Has $9.28 Million Position in LSI Industries Inc. (NASDAQ:LYTS)

State Street Corp increased its stake in shares of LSI Industries Inc. (NASDAQ:LYTS) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 574,275 shares of the construction company’s stock after acquiring an additional 6,098 shares during the quarter. State Street Corp owned approximately 1.92% of LSI Industries worth $9,275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Systematic Financial Management LP increased its stake in LSI Industries by 7.1% during the 3rd quarter. Systematic Financial Management LP now owns 2,439,120 shares of the construction company’s stock valued at $39,392,000 after purchasing an additional 162,160 shares in the last quarter. Quarry LP acquired a new position in shares of LSI Industries during the third quarter valued at about $39,000. Centiva Capital LP bought a new stake in shares of LSI Industries during the third quarter worth about $220,000. Martingale Asset Management L P raised its holdings in shares of LSI Industries by 1.4% in the 3rd quarter. Martingale Asset Management L P now owns 82,256 shares of the construction company’s stock worth $1,328,000 after acquiring an additional 1,102 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in LSI Industries by 8.8% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 33,526 shares of the construction company’s stock valued at $541,000 after acquiring an additional 2,702 shares in the last quarter. 73.91% of the stock is owned by institutional investors.

LSI Industries Stock Up 1.2 %

LSI Industries stock opened at $19.79 on Friday. LSI Industries Inc. has a fifty-two week low of $13.32 and a fifty-two week 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 firm’s 50-day simple moving average is $19.05 and its 200 day simple moving average is $16.64. The stock has a market cap of $590.49 million, a PE ratio of 25.05 and a beta of 0.92.

LSI Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.01%. LSI Industries’s dividend payout ratio (DPR) is presently 25.32%.

LSI Industries 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.