American Century Companies Inc. Grows Position in Lsb Industries Inc. $LXU

Key Points

• American Century Companies Inc. increased its position in Lsb Industries by 9.6% in Q1, owning approximately 2.47% of the company, valued at $11.7 million.
• Lsb Industries reported a loss in EPS of $0.04, missing analysts' estimates of $0.18, and had a revenue of $151.3 million, below the expected $156.76 million.
• Wall Street analysts have mixed ratings on Lsb Industries, with a consensus average target price of $9.75, indicating a "Moderate Buy" rating despite a recent downgrade by UBS Group.

American Century Companies Inc. grew its holdings in Lsb Industries Inc. (NYSE:LXU - Free Report) by 9.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,776,513 shares of the conglomerate's stock after acquiring an additional 155,477 shares during the period. American Century Companies Inc. owned about 2.47% of Lsb Industries worth $11,707,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Lsb Industries by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,578 shares of the conglomerate's stock valued at $232,000 after acquiring an additional 1,292 shares during the last quarter. Barclays PLC grew its position in shares of Lsb Industries by 1.7% during the fourth quarter. Barclays PLC now owns 90,783 shares of the conglomerate's stock valued at $688,000 after purchasing an additional 1,510 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Lsb Industries by 157.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the conglomerate's stock valued at $28,000 after purchasing an additional 2,230 shares in the last quarter. Diversified Trust Co grew its position in shares of Lsb Industries by 17.6% during the first quarter. Diversified Trust Co now owns 18,419 shares of the conglomerate's stock valued at $121,000 after purchasing an additional 2,759 shares in the last quarter. Finally, Stifel Financial Corp grew its position in shares of Lsb Industries by 9.1% during the fourth quarter. Stifel Financial Corp now owns 34,906 shares of the conglomerate's stock valued at $265,000 after purchasing an additional 2,925 shares in the last quarter. 73.67% of the stock is currently owned by institutional investors.

Lsb Industries Price Performance

Shares of NYSE LXU traded down $0.09 during mid-day trading on Friday, hitting $8.34. 328,697 shares of the company's stock traded hands, compared to its average volume of 392,491. The company's 50-day moving average is $8.07 and its two-hundred day moving average is $7.30. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.64 and a quick ratio of 2.39. The company has a market capitalization of $599.62 million, a P/E ratio of -18.12 and a beta of 0.83. Lsb Industries Inc. has a 1 year low of $4.88 and a 1 year high of $9.68.

Lsb Industries (NYSE:LXU - Get Free Report) last announced its earnings results on Tuesday, July 29th. The conglomerate reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.14). The business had revenue of $151.30 million for the quarter, compared to analysts' expectations of $156.76 million. Lsb Industries had a negative net margin of 6.15% and a negative return on equity of 0.34%. On average, equities analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current fiscal year.

Analysts Set New Price Targets

LXU has been the subject of a number of research analyst reports. UBS Group lowered Lsb Industries from a "buy" rating to a "neutral" rating and set a $9.25 price objective for the company. in a research report on Wednesday, July 23rd. Wall Street Zen upgraded Lsb Industries from a "sell" rating to a "hold" rating in a research report on Saturday, May 31st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $9.75.

Lsb Industries Company Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.