Acuity Brands (AYI) Shareholder Peloton Wealth Strategists Cut Holding by $314,000; Aurora Investment Counsel Has Lowered Its Holding in Trinet Group (TNET) by $391,440 as Market Valuation Declined

TriNet Group, Inc. (NYSE:TNET) Logo

Aurora Investment Counsel decreased its stake in Trinet Group Inc. (TNET) by 18.1% based on its latest 2018Q3 regulatory filing with the SEC. Aurora Investment Counsel sold 6,990 shares as the company’s stock declined 25.06% with the market. The institutional investor held 31,631 shares of the miscellaneous company at the end of 2018Q3, valued at $1.78 million, down from 38,621 at the end of the previous reported quarter. Aurora Investment Counsel who had been investing in Trinet Group Inc. for a number of months, seems to be less bullish one the $3.05 billion market cap company. The stock decreased 0.39% or $0.17 during the last trading session, reaching $43.22. About 10,368 shares traded. TriNet Group, Inc. (NYSE:TNET) has declined 4.14% since January 11, 2018 and is downtrending. It has underperformed by 4.14% the S&P500. Some Historical TNET News: 16/05/2018 – S&P REVISES TRINET HR CORP TO RATING ‘BB-‘ FROM ‘B+’; OUTLOOK ‘POSITIVE’; 29/03/2018 TriNet Names Michael Mendenhall Senior Vice President and Chief Marketing Officer/Chief Communications Officer; 30/04/2018 – TriNet Group 1Q Net $54M; 04/04/2018 – TRINET GROUP INC TNET.N : MORGAN STANLEY RAISES TO EQUAL-WEIGHT FROM UNDERWEIGHT; 29/03/2018 – – TriNet Names Michael Mendenhall Senior Vice President and Chief Marketing Officer/Chief Communications Officer; 23/04/2018 – TOTAL ACCESS: DTAC TRINET TO ENTER DOMESTIC ROAMING PACT W/TOT; 21/04/2018 – DJ TriNet Group Inc, Inst Holders, 1Q 2018 (TNET); 29/03/2018 – TRINET NAMES MENDENHALL CHIEF MKTG OFFICER/CHIEF COMMUN OFFICER; 30/04/2018 – TriNet Group 1Q EPS 75c; 07/05/2018 – TriNet Names Olivier Kohler Senior Vice President and Chief Operations Officer

Peloton Wealth Strategists decreased its stake in Acuity Brands Inc. (AYI) by 12.21% based on its latest 2018Q3 regulatory filing with the SEC. Peloton Wealth Strategists sold 2,000 shares as the company’s stock declined 24.92% with the market. The institutional investor held 14,385 shares of the building products company at the end of 2018Q3, valued at $2.26M, down from 16,385 at the end of the previous reported quarter. Peloton Wealth Strategists who had been investing in Acuity Brands Inc. for a number of months, seems to be less bullish one the $4.79 billion market cap company. The stock decreased 1.07% or $1.31 during the last trading session, reaching $120.74. About 17,246 shares traded. Acuity Brands, Inc. (NYSE:AYI) has declined 29.64% since January 11, 2018 and is downtrending. It has underperformed by 29.64% the S&P500. Some Historical AYI News: 01/05/2018 – Acuity Brands Says Deal Won’t Materially Impact FY18; 04/04/2018 – ACUITY BRANDS REPORTS INCREASED SHARE BUYBACK PROGRAM; 21/04/2018 – DJ Acuity Brands Inc, Inst Holders, 1Q 2018 (AYI); 04/04/2018 – ACUITY BRANDS 2Q ADJ GROSS MARGIN +40.2%, EST. +41.4%; 02/05/2018 – Lucid Announces BuildingOS Facilities, Providing a Unified View of the Operating Performance of Commercial Building Portfolios; 16/05/2018 – Acuity Brands May Be Pressured, Industry Posts 9th Straight Drop; 04/04/2018 – ACUITY BRANDS – EXPECT HEADWINDS IN HOME CENTER/SHOWROOM SALES CHANNEL TO CONTINUE IN NEAR TERM; 06/04/2018 – ClinicalTrial US: Correlation Between the Visual Acuity & the OCT Pattern of Macular Edema Secondary to RVO; 14/03/2018 – ClinicalTrial US: Visual Acuity and Optical Coherence Tomography One Year After ILM-flap Transposition; 14/05/2018 – International Value Advisers Buys 2.2% of Acuity Brands

Among 22 analysts covering Acuity Brands Inc. (NYSE:AYI), 12 have Buy rating, 3 Sell and 7 Hold. Therefore 55% are positive. Acuity Brands Inc. had 74 analyst reports since August 21, 2015 according to SRatingsIntel. Roth Capital initiated Acuity Brands, Inc. (NYSE:AYI) rating on Thursday, August 25. Roth Capital has “Neutral” rating and $275 target. The company was downgraded on Thursday, January 11 by Seaport Global. The stock of Acuity Brands, Inc. (NYSE:AYI) has “Neutral” rating given on Tuesday, September 19 by Robert W. Baird. CLSA upgraded the stock to “Buy” rating in Tuesday, January 10 report. Williams Capital Group initiated the stock with “Buy” rating in Friday, September 30 report. Williams Capital Group downgraded Acuity Brands, Inc. (NYSE:AYI) on Wednesday, January 10 to “Hold” rating. The firm earned “Buy” rating on Monday, January 11 by Stifel Nicolaus. Robert W. Baird maintained Acuity Brands, Inc. (NYSE:AYI) rating on Tuesday, September 5. Robert W. Baird has “Buy” rating and $212.0 target. The stock has “Outperform” rating by Wells Fargo on Thursday, October 4. The firm has “Neutral” rating given on Tuesday, April 11 by Guggenheim.

More notable recent Acuity Brands, Inc. (NYSE:AYI) news were published by: Globenewswire.com which released: “Acuity Brands Declares Quarterly Dividend NYSE:AYI – GlobeNewswire” on January 04, 2019, also Zacks.com with their article: “Company News For Jan 10, 2019 – Zacks.com” published on January 10, 2019, Globenewswire.com published: “AtriusTM Assets Solution Provides Asset Tracking and Management Capabilities – GlobeNewswire” on November 29, 2018. More interesting news about Acuity Brands, Inc. (NYSE:AYI) were released by: Benzinga.com and their article: “10 Stocks To Watch For January 9, 2019 – Benzinga” published on January 09, 2019 as well as Globenewswire.com‘s news article titled: “Acuity Brands Reports Record Quarterly and Full-Year Results – GlobeNewswire” with publication date: October 03, 2018.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.35, from 1.22 in 2018Q2. It worsened, as 40 investors sold AYI shares while 140 reduced holdings. 73 funds opened positions while 83 raised stakes. 38.02 million shares or 4.73% less from 39.90 million shares in 2018Q2 were reported. Tci Wealth invested in 0% or 16 shares. Pnc Fincl Svcs Inc invested 0% in Acuity Brands, Inc. (NYSE:AYI). Generation Invest Management Ltd Liability Partnership invested in 3.69M shares. Alliancebernstein L P, a New York-based fund reported 51,106 shares. Wealthtrust Fairport Ltd Liability Com accumulated 1,000 shares or 0.01% of the stock. Natixis Advisors Limited Partnership invested in 0.2% or 143,509 shares. Citigroup holds 0% or 34,538 shares in its portfolio. First City holds 0.46% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 4,447 shares. Patten Group Incorporated holds 0.01% of its portfolio in Acuity Brands, Inc. (NYSE:AYI) for 99 shares. Vaughan Nelson Management Limited Partnership accumulated 1.08% or 590,015 shares. Etrade Capital Limited Com reported 0.04% of its portfolio in Acuity Brands, Inc. (NYSE:AYI). 1,409 were accumulated by Captrust Fin Advsrs. Tower Cap Limited Com (Trc) stated it has 6,213 shares or 0.07% of all its holdings. Profund Advisors Ltd Limited Liability Company reported 3,602 shares or 0.02% of all its holdings. Stephens Ar holds 0.01% or 3,442 shares.

Aurora Investment Counsel, which manages about $238.26 million and $210.45 million US Long portfolio, upped its stake in Logmein Inc. (NASDAQ:LOGM) by 4,692 shares to 18,994 shares, valued at $1.69M in 2018Q3, according to the filing.

Among 8 analysts covering TriNet Group Inc (NYSE:TNET), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. TriNet Group Inc had 24 analyst reports since August 4, 2015 according to SRatingsIntel. Stifel Nicolaus maintained TriNet Group, Inc. (NYSE:TNET) rating on Wednesday, February 28. Stifel Nicolaus has “Buy” rating and $54 target. Stifel Nicolaus maintained the shares of TNET in report on Tuesday, July 31 with “Buy” rating. The stock of TriNet Group, Inc. (NYSE:TNET) has “Underweight” rating given on Friday, November 3 by Morgan Stanley. As per Wednesday, August 5, the company rating was maintained by JP Morgan. On Tuesday, August 4 the stock rating was downgraded by William Blair to “Market Perform”. The firm earned “Underweight” rating on Thursday, August 17 by JP Morgan. The rating was downgraded by J.P. Morgan to “Sell” on Thursday, August 17. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, May 1. The stock of TriNet Group, Inc. (NYSE:TNET) earned “Hold” rating by Deutsche Bank on Wednesday, April 19. The firm has “Neutral” rating given on Tuesday, October 30 by Credit Suisse.

Acuity Brands, Inc. (NYSE:AYI) Ratings Chart