Horizon Investments LLC Decreases Holdings in LXP Industrial Trust $LXP

Key Points

• Horizon Investments LLC sharply reduced its stake in LXP Industrial Trust, cutting holdings by 71.9% in the fourth quarter and leaving it with 17,841 shares worth about $885,000.
• Institutional activity remained active, with several other investors opening new positions, and 93.52% of LXP Industrial Trust is now owned by hedge funds and other institutional investors.
• Analyst sentiment is mixed: the stock has an average Hold rating with a consensus price target of $51.88, while recent updates included downgrades from Weiss Ratings and Wall Street Zen.

Horizon Investments LLC cut its holdings in shares of LXP Industrial Trust (NYSE:LXP - Free Report) by 71.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,841 shares of the real estate investment trust's stock after selling 45,704 shares during the quarter. Horizon Investments LLC's holdings in LXP Industrial Trust were worth $885,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. EQ Wealth Advisors LLC bought a new position in shares of LXP Industrial Trust during the 4th quarter worth $34,000. M&T Bank Corp bought a new position in shares of LXP Industrial Trust during the 4th quarter worth $391,000. Seeds Investor LLC bought a new position in shares of LXP Industrial Trust during the 4th quarter worth $234,000. Synergy Asset Management LLC bought a new position in shares of LXP Industrial Trust during the 4th quarter worth $310,000. Finally, Pensionfund Sabic bought a new position in shares of LXP Industrial Trust during the 4th quarter worth $912,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Weiss Ratings downgraded LXP Industrial Trust from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, May 1st. JPMorgan Chase & Co. cut their price target on LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating for the company in a research note on Thursday, March 5th. Evercore set a $51.00 price target on LXP Industrial Trust in a research note on Friday, February 13th. Citigroup reiterated an "outperform" rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded LXP Industrial Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $51.88.

LXP Industrial Trust Stock Down 1.0%

Shares of NYSE LXP opened at $51.75 on Friday. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $52.79. The business has a 50-day simple moving average of $48.75 and a two-hundred day simple moving average of $48.63. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. The company has a market cap of $3.05 billion, a P/E ratio of 34.97 and a beta of 1.06.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. During the same quarter last year, the company earned $0.16 EPS. The firm's revenue was down 3.3% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts anticipate that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust's dividend payout ratio (DPR) is 189.19%.

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.

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