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Acuity Brands beats Q4 earnings estimates, raises dividend, amid institutional ownership shifts.
Acuity Brands, a lighting and building management company, reported Q4 earnings of $3.97 per share, exceeding estimates by $0.10.
The company's stock has seen changes in institutional holdings, with Boston Trust Walden Corp reducing its stake by 6.6%.
Acuity Brands has a "Moderate Buy" consensus rating and a $341.40 average target price.
The company also increased its quarterly dividend to $0.17 per share, with a 0.20% yield.
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Acuity Brands supera las estimaciones de ganancias del Q4, aumenta los dividendos, en medio de cambios de propiedad institucional.