Allspring Global Investments Holdings LLC Sells 38,875 Shares of LXP Industrial Trust $LXP

Key Points

• Allspring Global Investments cut its stake in LXP by 79.3% in Q4, selling 38,875 shares and leaving it with 10,161 shares valued at about $504,000.
• Institutional ownership is very high (93.52%), with major investors adding positions recently — AEW Capital now holds ~9.14 million shares and Allianz Asset Management ~1.01 million shares.
• LXP missed quarterly EPS expectations ($0.79 vs. $0.85), reported revenue down 14% year‑over‑year, set FY2026 guidance of 3.220–3.370 EPS, and announced a quarterly dividend of $0.70 (annual $2.80, yield ~5.6%) with a payout ratio of 154.7%.

Allspring Global Investments Holdings LLC cut its holdings in LXP Industrial Trust (NYSE:LXP - Free Report) by 79.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,161 shares of the real estate investment trust's stock after selling 38,875 shares during the period. Allspring Global Investments Holdings LLC's holdings in LXP Industrial Trust were worth $504,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LXP. Allianz Asset Management GmbH raised its position in shares of LXP Industrial Trust by 144.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust's stock valued at $9,032,000 after purchasing an additional 596,457 shares during the period. AE Wealth Management LLC raised its position in shares of LXP Industrial Trust by 8.1% during the 3rd quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust's stock valued at $2,603,000 after purchasing an additional 21,826 shares during the period. AlphaQuest LLC raised its position in shares of LXP Industrial Trust by 109.6% during the 3rd quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust's stock valued at $2,087,000 after purchasing an additional 121,790 shares during the period. Aew Capital Management L P raised its position in shares of LXP Industrial Trust by 61.1% during the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust's stock valued at $81,856,000 after purchasing an additional 3,465,123 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of LXP Industrial Trust during the 3rd quarter valued at $227,000. 93.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

LXP Industrial Trust Stock Performance

Shares of NYSE:LXP opened at $49.73 on Friday. LXP Industrial Trust has a 52 week low of $36.15 and a 52 week high of $52.52. The stock has a market capitalization of $2.93 billion, a P/E ratio of 27.48 and a beta of 1.09. The firm has a fifty day simple moving average of $48.29 and a two-hundred day simple moving average of $48.03. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last issued its quarterly earnings data 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 return on equity of 5.70% and a net margin of 32.27%.The business had revenue of $86.74 million during the quarter, compared to analysts' expectations of $86.05 million. During the same period in the previous year, the business earned $0.16 earnings per share. The business'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. On average, analysts expect that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

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

LXP Industrial Trust 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.

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