North Star Investment Management Corp. Lowers stake in LSI Industries (LYTS)

LSI Industries (LYTS) : North Star Investment Management Corp. reduced its stake in LSI Industries by 0.73% during the most recent quarter end. The investment management company now holds a total of 353,985 shares of LSI Industries which is valued at $4,477,910 after selling 2,600 shares in LSI Industries , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.LSI Industries makes up approximately 0.85% of North Star Investment Management Corp.’s portfolio.

LSI Industries opened for trading at $12.64 and hit $12.73 on the upside on Monday, eventually ending the session at $12.72, with a gain of 0.55% or 0.07 points. The heightened volatility saw the trading volume jump to 95,212 shares. Company has a market cap of $317 M.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa sold out all of its stake in LYTS during the most recent quarter. The investment firm sold 2,060 shares of LYTS which is valued $25,771.Thomson Horstmann Bryant Inc boosted its stake in LYTS in the latest quarter, The investment management firm added 445,590 additional shares and now holds a total of 913,780 shares of LSI Industries which is valued at $11,431,388. LSI Industries makes up approx 1.33% of Thomson Horstmann Bryant Inc’s portfolio.Magee Thomson Investment Partners reduced its stake in LYTS by selling 153 shares or 24.72% in the most recent quarter. The Hedge Fund company now holds 466 shares of LYTS which is valued at $5,830.Acadian Asset Management boosted its stake in LYTS in the latest quarter, The investment management firm added 187,978 additional shares and now holds a total of 405,194 shares of LSI Industries which is valued at $5,316,145. LSI Industries makes up approx 0.03% of Acadian Asset Management’s portfolio.

Many Wall Street Analysts have commented on LSI Industries. Sidoti Initiated LSI Industries on Feb 11, 2016 to “Buy”, Price Target of the shares are set at $15.

LSI Industries Inc. is a provider of corporate visual image solutions through the combination of digital and screen graphics capabilities various indoor and outdoor lighting products lighting control systems and related professional services. The Company operates through three segments: Lighting Segment Graphics Segment and Technology Segment. It also provides digital solid-state light emitting diode (LED) video screens to sports stadiums and arenas. The Company’s Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial industrial niche and multi-site retail markets including the petroleum/convenience store quick-service and automotive markets. Its Graphics Segment designs manufactures and installs exterior and interior visual image elements. Its Technology Segment designs engineers and manufactures electronic circuit boards assemblies and sub-assemblies and various control system products among others.

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