Shares of Acuity Brands Inc (AYI) Sees Large Inflow of Net Money Flow

Acuity Brands Inc (AYI) dropped -0.54% or -1.12 points to trade at $206.11 per share. As per the latest trading data available, the net money flow stood at $31.96 million as the shares received $81.4 million in upticks and gave away $49.43 million in downticks. The final up/down ratio was at 1.65. On a weekly basis, the stock has seen a change of 0.37%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 3.65. $40.89 million was the inflow in upticks and $11.2 million was the outflow in downticks. For the block trade, the net money flow was $29.69 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Acuity Brands, Inc. has lost 2.19% in the last five trading days and dropped 10.66% in the last 4 weeks. Acuity Brands, Inc. has dropped 7.75% during the last 3-month period . Year-to-Date the stock performance stands at -10.66%. Acuity Brands Inc (NYSE:AYI) witnessed a decline in the market cap on Wednesday as its shares dropped 0.54% or 1.12 points. After the session commenced at $206.68, the stock reached the higher end at $209.21 while it hit a low of $204.92. With the volume soaring to 1,045,770 shares, the last trade was called at $206.11. The company has a 52-week high of $280.89. The company has a market cap of $9,088 million and there are 44,092,620 shares in outstanding. The 52-week low of the share price is $169.42.

Company has reported several Insider transactions to the SEC, on Nov 10, 2016, Mark A Black (EVP) sold 14,306 shares at 243.05 per share price.On Jul 12, 2016, Vernon J Nagel (Chairman, President, and CEO) sold 65,060 shares at 268.30 per share price.On Jul 12, 2016, Richard K Reece (EVP/Chief Financial Officer) sold 33,430 shares at 269.07 per share price.

Acuity Brands Last issued its quarterly earnings results on Jan 9, 2017. The company reported $2.00 EPS for the quarter, missing the analyst consensus estimate by $ -0.18. Analyst had a consensus of $2.18. The company had revenue of $851.20 million for the quarter, compared to analysts expectations of $896.92 million. The companys revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Acuity Brands was Downgraded by ROTH Capital to Sell on Jan 27, 2017. Acuity Brands was Upgraded by Robert W. Baird on Jan 10, 2017 to Outperform, Lowers Price Target to $ 242 from a previous price target of $265 .Acuity Brands was Upgraded by CLSA to Buy on Jan 10, 2017. Acuity Brands was Downgraded by Robert W. Baird on Dec 20, 2016 to Neutral, Lowers Price Target to $ 265 from a previous price target of $272 .Acuity Brands was Initiated by JMP Securities on Dec 8, 2016 to Mkt Underperform, Price Target of the shares are set at $200.

Acuity Brands, Inc. is comprised of the Acuity Lighting Group and Acuity Specialty Products. The Acuity Lighting Group is the worlds largest lighting fixture manufacturer and includes brands such as Lithonia Lighting, Holophane, Peerless, and Hydrel. Acuity Specialty Products is a leading provider of specialty chemicals and includes brands such as Zep, Enforcer, and Selig.


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