Harvey Partners Position in Acuity Brands (AYI) Has Lowered by $996,000 as Share Value Declined; As Bank Amer (BAC) Share Price Rose, Manatuck Hill Partners Has Lifted by $389,853 Its Stake

Harvey Partners Llc decreased its stake in Acuity Brands Inc (AYI) by 47.98% based on its latest 2019Q1 regulatory filing with the SEC. Harvey Partners Llc sold 8,300 shares as the company’s stock declined 7.00% . The hedge fund held 9,000 shares of the building products company at the end of 2019Q1, valued at $1.08 million, down from 17,300 at the end of the previous reported quarter. Harvey Partners Llc who had been investing in Acuity Brands Inc for a number of months, seems to be less bullish one the $4.95 billion market cap company. The stock increased 1.92% or $2.34 during the last trading session, reaching $123.99. About 233,565 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 1.37% since August 17, 2018 and is downtrending. It has underperformed by 1.37% the S&P500. Some Historical AYI News: 05/03/2018 Acuity Hospital of South Texas Hires Tammy Holland as Chief Clinical Officer; 01/05/2018 – Acuity Brands Inc. Announces Acquisition of IOTA Engineering; 04/04/2018 – ACUITY BRANDS INC – “CONTINUE TO BE CAUTIOUS AND BELIEVE OVERALL MARKET CONDITIONS COULD CONTINUE TO BE CHALLENGING FOR NEAR FUTURE”; 29/03/2018 – Acuity Brands, Inc. Declares Quarterly Dividend; 14/03/2018 – Glendale Eye Medical Group Partners with Trilogy Eye Medical Group (Acuity Eye Group™); 26/04/2018 – Acuity Brands, Inc.: Spatial DNA Signs as Atrius IoT Partner to Deliver Leading Enterprise System Integration and Visual Analytics Platform; 01/05/2018 – ACUITY BRANDS REPORTS ACQUISITION OF IOTA ENGINEERING, NO TERMS; 04/04/2018 – ACUITY BRANDS INC – EXPECT HEADWINDS IN HOME CENTER/SHOWROOM SALES CHANNEL TO CONTINUE IN NEAR TERM; 05/03/2018 – March 5th Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Acuity Brands, Inc; 09/05/2018 – Acuity Modernizes Customer Communications Management with OpenText Exstream and ValueMomentum

Manatuck Hill Partners Llc increased its stake in Bank Amer Corp (BAC) by 11.91% based on its latest 2019Q1 regulatory filing with the SEC. Manatuck Hill Partners Llc bought 14,439 shares as the company’s stock rose 1.39% . The hedge fund held 135,637 shares of the major banks company at the end of 2019Q1, valued at $3.74 million, up from 121,198 at the end of the previous reported quarter. Manatuck Hill Partners Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $251.60B market cap company. The stock increased 2.97% or $0.78 during the last trading session, reaching $27.03. About 68.48 million shares traded or 34.10% up from the average. Bank of America Corporation (NYSE:BAC) has declined 2.01% since August 17, 2018 and is downtrending. It has underperformed by 2.01% the S&P500. Some Historical BAC News: 16/05/2018 – ABF Journal: BofA Names Schroeder Seattle Market President; 30/05/2018 – SUMMER INFANT – EXECUTED COMMITMENT LETTERS FOR AN AMENDED AND EXTENDED $60 MLN ASSET-BASED REVOLVING CREDIT FACILITY WITH BANK OF AMERICA, N.A; 19/04/2018 – Phibro Animal Health Corporation to Participate in Bank of America Merrill Lynch 2018 Health Care Conference; 28/03/2018 – BNY MELLON’S REYDA PREVIOUSLY WITH BANK OF AMERICA; 16/04/2018 – U.S. Investment Grade Bond Sales Drop 11% in 2018, BofA Leads; 08/03/2018 – U.S. SEC SAYS MERRILL LYNCH CHARGED WITH GATEKEEPING FAILURES IN THE UNREGISTERED SALES OF SECURITIES; 08/05/2018 – BofA names Nancy Fahmy to head its newly combined group; 25/04/2018 – Merrill Lynch International & Co. C.V. Files Annual Financial Report; 23/04/2018 – Mark Tague: According to Reuters, Bank of America has spent $1 billion on digital banking over the past six year. …; 16/04/2018 – BANK OF AMERICA – CREDIT CARD CHARGE-OFF RATE WAS 2.81 PCT IN MARCH VS 2.78 PCT IN FEBRUARY

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Bank of America declares $0.18 dividend – Seeking Alpha” on July 25, 2019, also Finance.Yahoo.com with their article: “Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know – Yahoo Finance” published on July 02, 2019, 247Wallst.com published: “As Berkshire Hathaway Keeps Buying Other Stocks, Financial Dominance Becomes More Obvious – 24/7 Wall St.” on August 15, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Nasdaq.com and their article: “Bank of America Keeps This Amazing 4.5-Year Streak Alive – Nasdaq” published on July 20, 2019 as well as Finance.Yahoo.com‘s news article titled: “Do Institutions Own Shares In Bank of America Corporation (NYSE:BAC)? – Yahoo Finance” with publication date: June 05, 2019.

Manatuck Hill Partners Llc, which manages about $1.24B and $210.58M US Long portfolio, decreased its stake in Lovesac Company by 57,100 shares to 87,500 shares, valued at $2.43 million in 2019Q1, according to the filing. It also reduced its holding in Sharpspring Inc by 74,762 shares in the quarter, leaving it with 386,138 shares, and cut its stake in Shotspotter Inc.

Investors sentiment increased to 0.99 in Q1 2019. Its up 0.16, from 0.83 in 2018Q4. It increased, as 57 investors sold BAC shares while 577 reduced holdings. 154 funds opened positions while 474 raised stakes. 6.30 billion shares or 2.30% less from 6.44 billion shares in 2018Q4 were reported. Washington Tru Com holds 1.87% of its portfolio in Bank of America Corporation (NYSE:BAC) for 1.12 million shares. Artemis Invest Mgmt Ltd Liability Partnership holds 1.97M shares or 0.63% of its portfolio. Teacher Retirement Systems Of Texas reported 0.74% in Bank of America Corporation (NYSE:BAC). Abner Herrman And Brock Limited Company accumulated 699,775 shares. 1.31M are held by Avenir. Cardinal Cap reported 392,495 shares. Old West Investment Mngmt Limited Liability Co has 0.42% invested in Bank of America Corporation (NYSE:BAC) for 42,038 shares. First Heartland Consultants Inc invested 0.15% in Bank of America Corporation (NYSE:BAC). Stock Yards Savings Bank stated it has 12,266 shares. Strategic Glob Advsr Ltd Com has 233,205 shares. Natixis Advisors LP invested in 1.65M shares or 0.4% of the stock. Portland Counsel Incorporated has invested 0.17% in Bank of America Corporation (NYSE:BAC). Cahill Advsrs Inc holds 9,396 shares. Stoneridge Inv Ptnrs Limited Liability Company invested 1.8% of its portfolio in Bank of America Corporation (NYSE:BAC). 39,211 are owned by First Foundation Advsrs.

Harvey Partners Llc, which manages about $369.32M and $60.40M US Long portfolio, upped its stake in Aspen Aerogels Inc (NYSE:ASPN) by 188,000 shares to 1.00 million shares, valued at $2.55M in 2019Q1, according to the filing.

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Finance.Yahoo.com which released: “Is BRF S.A. (BRFS) A Good Stock To Buy According To Hedgies? – Yahoo Finance” on April 23, 2019, also Seekingalpha.com with their article: “Stocks To Watch: Jobs Day, Tesla Deliveries And Dazzling Dividends – Seeking Alpha” published on June 29, 2019, Fool.com published: “Why EOG Resources, Acuity Brands, and BlackLine Slumped Today – The Motley Fool” on July 02, 2019. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Seekingalpha.com and their article: “Wall Street Brunch – Seeking Alpha” published on June 30, 2019 as well as Globenewswire.com‘s news article titled: “Acuity Brands Receives Multiple 2019 ControlTrends Awards NYSE:AYI – GlobeNewswire” with publication date: January 16, 2019.

Investors sentiment increased to 1.37 in Q1 2019. Its up 0.54, from 0.83 in 2018Q4. It increased, as 29 investors sold AYI shares while 95 reduced holdings. 54 funds opened positions while 116 raised stakes. 35.34 million shares or 7.31% less from 38.13 million shares in 2018Q4 were reported. Peregrine Asset Advisers has invested 1.16% in Acuity Brands, Inc. (NYSE:AYI). Tocqueville Asset Management LP reported 86,450 shares. Bright Rock Mgmt Lc has invested 0.48% in Acuity Brands, Inc. (NYSE:AYI). Fil Ltd owns 624,895 shares. Art Ltd has invested 0.11% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Meeder Asset Mgmt Inc invested 0% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). M&T National Bank reported 23,175 shares. Sei reported 27,563 shares stake. Moreover, Rhumbline Advisers has 0.02% invested in Acuity Brands, Inc. (NYSE:AYI) for 96,530 shares. Nebraska-based Ameritas Invest has invested 0.07% in Acuity Brands, Inc. (NYSE:AYI). Bell Bankshares holds 2,772 shares. Kbc Grp Inc Nv invested 0.05% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). Virtu Fincl Ltd Liability Company accumulated 5,790 shares or 0.04% of the stock. Fifth Third Bank owns 0% invested in Acuity Brands, Inc. (NYSE:AYI) for 300 shares. Int Gru Inc holds 0.04% or 80,307 shares in its portfolio.

Analysts await Acuity Brands, Inc. (NYSE:AYI) to report earnings on October, 2. They expect $2.69 earnings per share, up 6.75% or $0.17 from last year’s $2.52 per share. AYI’s profit will be $107.33 million for 11.52 P/E if the $2.69 EPS becomes a reality. After $2.37 actual earnings per share reported by Acuity Brands, Inc. for the previous quarter, Wall Street now forecasts 13.50% EPS growth.