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Acuity Brands (AYI) Stock Value Declined While Cue Financial Group Has Decreased Holding; Stein Mart (SMRT) Holder Bnp Paribas Arbitrage Sa Has Lowered Position by $1.81 Million

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Bnp Paribas Arbitrage Sa decreased its stake in Stein Mart Inc (SMRT) by 52.56% based on its latest 2017Q4 regulatory filing with the SEC. Bnp Paribas Arbitrage Sa sold 1,558 shares as the company’s stock rose 14.41% while stock markets declined. The institutional investor held 1,406 shares of the consumer services company at the end of 2017Q4, valued at $1.63M, down from 2,964 at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa who had been investing in Stein Mart Inc for a number of months, seems to be less bullish one the $179.19 million market cap company. The stock increased 1.36% or $0.05 during the last trading session, reaching $3.74. About 4.04M shares traded or 152.22% up from the average. Stein Mart, Inc. (NASDAQ:SMRT) has declined 51.79% since May 17, 2017 and is downtrending. It has underperformed by 63.34% the S&P500.

Cue Financial Group Inc decreased its stake in Acuity Brands Inc (AYI) by 64.77% based on its latest 2017Q4 regulatory filing with the SEC. Cue Financial Group Inc sold 3,250 shares as the company’s stock declined 21.04% with the market. The institutional investor held 1,768 shares of the building products company at the end of 2017Q4, valued at $311,000, down from 5,018 at the end of the previous reported quarter. Cue Financial Group Inc who had been investing in Acuity Brands Inc for a number of months, seems to be less bullish one the $4.75B market cap company. The stock increased 0.98% or $1.14 during the last trading session, reaching $117.02. About 398,530 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 31.54% since May 17, 2017 and is downtrending. It has underperformed by 43.09% the S&P500.

Analysts await Acuity Brands, Inc. (NYSE:AYI) to report earnings on July, 5. They expect $2.02 earnings per share, down 0.49% or $0.01 from last year’s $2.03 per share. AYI’s profit will be $81.93M for 14.48 P/E if the $2.02 EPS becomes a reality. After $1.72 actual earnings per share reported by Acuity Brands, Inc. for the previous quarter, Wall Street now forecasts 17.44% EPS growth.

Among 21 analysts covering Acuity Brands Inc. (NYSE:AYI), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Acuity Brands Inc. had 67 analyst reports since August 21, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Buy” rating and $23000 target in Monday, July 17 report. The rating was maintained by Oppenheimer on Thursday, June 29 with “Buy”. JMP Securities initiated Acuity Brands, Inc. (NYSE:AYI) on Thursday, December 8 with “Mkt Underperform” rating. The firm has “Overweight” rating by Piper Jaffray given on Monday, November 23. The firm has “Buy” rating by Stifel Nicolaus given on Monday, January 11. The stock has “Overweight” rating by Piper Jaffray on Saturday, August 22. The stock has “Market Perform” rating by JMP Securities on Tuesday, October 3. The firm has “Buy” rating given on Friday, September 22 by Cowen & Co. The firm has “Sell” rating given on Friday, January 27 by TH Capital. As per Tuesday, December 20, the company rating was downgraded by Robert W. Baird.

More news for Acuity Brands, Inc. (NYSE:AYI) were recently published by: Streetinsider.com, which released: “Acuity Brands (AYI) Announces Acquisition of IOTA Engineering” on May 01, 2018. Seekingalpha.com‘s article titled: “Acuity Brands: Turnaround Imminent” and published on April 18, 2018 is yet another important article.

Since May 3, 2018, it had 2 insider buys, and 0 insider sales for $713,970 activity. Shares for $150,170 were bought by Battle W. Patrick on Thursday, May 3.

Investors sentiment increased to 0.95 in 2017 Q4. Its up 0.11, from 0.84 in 2017Q3. It increased, as 34 investors sold AYI shares while 134 reduced holdings. 57 funds opened positions while 102 raised stakes. 42.13 million shares or 1.49% more from 41.52 million shares in 2017Q3 were reported. Bessemer Gru Inc Inc reported 76 shares. Marco Invest Limited Liability holds 0.39% or 14,505 shares in its portfolio. Davis R M Inc has invested 0.81% in Acuity Brands, Inc. (NYSE:AYI). Global X Limited Com stated it has 3,420 shares. Andra Ap owns 8,200 shares or 0.03% of their US portfolio. Riverhead Limited Liability Corp stated it has 2,199 shares or 0.02% of all its holdings. Exane Derivatives invested in 0.01% or 256 shares. Ariel Ltd Com has invested 0.02% in Acuity Brands, Inc. (NYSE:AYI). 7,833 are owned by Metropolitan Life Ny. Ny State Common Retirement Fund owns 492,342 shares. Cwm has 30 shares for 0% of their portfolio. Great West Life Assurance Can has invested 0.01% in Acuity Brands, Inc. (NYSE:AYI). Natixis Asset reported 1.57% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Comerica Financial Bank stated it has 10,115 shares. Bluecrest Cap Mngmt owns 46,034 shares or 0.22% of their US portfolio.

Among 4 analysts covering Stein Mart (NASDAQ:SMRT), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Stein Mart had 4 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Stein Mart, Inc. (NASDAQ:SMRT) has “Neutral” rating given on Monday, May 9 by Northland Capital. The stock has “Neutral” rating by Sidoti on Thursday, September 29. The stock of Stein Mart, Inc. (NASDAQ:SMRT) has “Accumulate” rating given on Friday, November 20 by Johnson Rice. The rating was initiated by Northcoast with “Buy” on Wednesday, July 29.

More news for Stein Mart, Inc. (NASDAQ:SMRT) were recently published by: Benzinga.com, which released: “45 Biggest Movers From Yesterday” on May 16, 2018. Seekingalpha.com‘s article titled: “Macy’s steps in as mall hero” and published on May 16, 2018 is yet another important article.

Stein Mart, Inc. (NASDAQ:SMRT) Institutional Positions Chart

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