Aberdeen Group plc Sells 86,555 Shares of LXP Industrial Trust $LXP

Key Points

• Aberdeen Group plc reduced its stake in LXP by 80.5%, selling 86,555 shares in Q4 and retaining 20,904 shares worth roughly $1.04 million per its SEC filing.
• Analyst coverage is mixed but the consensus is a "Hold" with an average target price of $51.50 after recent upgrades and downgrades from firms including Wall Street Zen, Evercore, JPMorgan, Weiss and Citigroup.
• LXP missed quarterly EPS ($0.79 vs. $0.85 est.), declared a quarterly dividend of $0.70 (annualized yield ~5.6%) despite a high payout ratio (~155%), and gave FY2026 EPS guidance of 3.22–3.37 while analysts forecast about 0.63 for the current fiscal year.

Aberdeen Group plc reduced its holdings in shares of LXP Industrial Trust (NYSE:LXP - Free Report) by 80.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,904 shares of the real estate investment trust's stock after selling 86,555 shares during the quarter. Aberdeen Group plc's holdings in LXP Industrial Trust were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of LXP Industrial Trust during the third quarter valued at $26,000. EverSource Wealth Advisors LLC increased its position in LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. increased its position in LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 1,632 shares during the last quarter. Allworth Financial LP increased its position in LXP Industrial Trust by 5.9% during the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 332 shares during the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in LXP Industrial Trust during the second quarter valued at $90,000. 93.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

LXP has been the subject of a number of analyst reports. Wall Street Zen upgraded LXP Industrial Trust from a "sell" rating to a "hold" rating in a research report on Sunday, April 5th. Evercore set a $51.00 price target on LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. reduced their price target on LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating for the company in a research report on Thursday, March 5th. Weiss Ratings cut LXP Industrial Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, January 12th. Finally, Citigroup restated an "outperform" rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $51.50.

LXP Industrial Trust Stock Performance

NYSE:LXP opened at $49.69 on Friday. The stock has a 50-day moving average price of $48.29 and a 200 day moving average price of $47.99. LXP Industrial Trust has a 12-month low of $36.15 and a 12-month high of $52.52. The stock has a market capitalization of $2.93 billion, a P/E ratio of 27.45 and a beta of 1.09. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The firm had revenue of $86.74 million for the quarter, compared to the consensus estimate of $86.05 million. During the same period in the previous year, the company posted $0.16 earnings per share. LXP Industrial Trust's quarterly revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities research analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 5.6%. LXP Industrial Trust's dividend payout ratio is presently 154.70%.

LXP Industrial Trust Company Profile

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company's portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm's primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.