Invesco Ltd. Has $1.08 Million Stock Holdings in Lsb Industries Inc. $LXU

Invesco Ltd. decreased its holdings in shares of Lsb Industries Inc. (NYSE:LXU - Free Report) by 27.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,102 shares of the conglomerate's stock after selling 62,336 shares during the quarter. Invesco Ltd. owned about 0.23% of Lsb Industries worth $1,075,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 worth $232,000 after buying an additional 1,292 shares during the period. Barclays PLC increased 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 worth $688,000 after acquiring an additional 1,510 shares during the last quarter. Tower Research Capital LLC TRC increased 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 worth $28,000 after acquiring an additional 2,230 shares during the last quarter. Diversified Trust Co grew its stake in Lsb Industries by 17.6% in the first quarter. Diversified Trust Co now owns 18,419 shares of the conglomerate's stock worth $121,000 after purchasing an additional 2,759 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in Lsb Industries by 9.1% in the fourth quarter. Stifel Financial Corp now owns 34,906 shares of the conglomerate's stock worth $265,000 after purchasing an additional 2,925 shares in the last quarter. Institutional investors and hedge funds own 73.67% of the company's stock.

Lsb Industries Stock Performance

Shares of NYSE LXU traded up $0.16 during midday trading on Friday, hitting $8.36. 254,206 shares of the company's stock were exchanged, compared to its average volume of 448,933. The firm has a market cap of $601.60 million, a P/E ratio of -18.18 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.64 and a quick ratio of 2.39. Lsb Industries Inc. has a twelve month low of $4.88 and a twelve month high of $9.68. The stock's 50 day moving average price is $8.11 and its 200-day moving average price is $7.32.

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

Analysts Set New Price Targets

A number of research firms recently commented on LXU. Wall Street Zen upgraded Lsb Industries from a "sell" rating to a "hold" rating in a research note on Saturday, May 31st. UBS Group downgraded Lsb Industries from a "buy" rating to a "neutral" rating and set a $9.25 price target for the company. in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, Lsb Industries presently has a consensus rating of "Moderate Buy" and an average price target 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.