LXP Industrial Trust $LXP Shares Sold by Shikiar Asset Management Inc.

Key Points

• Shikiar Asset Management reduced its position in LXP by 69.3% in Q4, selling 272,785 shares and leaving it with 121,115 shares (about $6.0M); institutional investors now own roughly 93.5% of the stock.
• LXP missed Q4 earnings with $0.79 EPS vs. a $0.85 consensus and reported revenue down 14% year-over-year, while issuing FY 2026 guidance of $3.220–$3.370 EPS.
• The company declared a quarterly dividend of $0.70 (annualized $2.80) for a yield of 5.7%, but the dividend payout ratio is elevated at 154.7%; the shares trade near $49.45 with a market cap of about $2.92B and an average analyst rating of "Hold" (target ~$51.50).

Shikiar Asset Management Inc. reduced its holdings in shares of LXP Industrial Trust (NYSE:LXP - Free Report) by 69.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,115 shares of the real estate investment trust's stock after selling 272,785 shares during the quarter. LXP Industrial Trust makes up 1.5% of Shikiar Asset Management Inc.'s investment portfolio, making the stock its 27th biggest holding. Shikiar Asset Management Inc. owned about 0.20% of LXP Industrial Trust worth $6,005,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of LXP Industrial Trust during the 3rd quarter worth about $26,000. EverSource Wealth Advisors LLC boosted its position in shares of LXP Industrial Trust by 101.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust's stock worth $29,000 after acquiring an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of LXP Industrial Trust by 82.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 1,632 shares in the last quarter. Allworth Financial LP boosted its position in shares of LXP Industrial Trust by 5.9% during the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 332 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new position in shares of LXP Industrial Trust during the 4th quarter worth about $310,000. 93.52% of the stock is owned by institutional investors and hedge funds.

LXP Industrial Trust Price Performance

Shares of LXP opened at $49.45 on Thursday. LXP Industrial Trust has a fifty-two week low of $34.25 and a fifty-two week high of $52.52. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 27.32 and a beta of 1.09. The firm has a 50-day simple moving average of $48.28 and a 200-day simple moving average of $47.98. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $86.05 million. During the same quarter last year, the company posted $0.16 EPS. 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. On average, equities research analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.70 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 5.7%. LXP Industrial Trust's dividend payout ratio (DPR) is presently 154.70%.

Analyst Ratings Changes

Several equities analysts have issued reports on LXP shares. Weiss Ratings lowered LXP Industrial Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Wall Street Zen raised LXP Industrial Trust from a "sell" rating to a "hold" rating in a report on Sunday. Citigroup reaffirmed an "outperform" rating on shares of LXP Industrial Trust in a report on Friday, February 13th. JPMorgan Chase & Co. dropped their price objective on 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, Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $51.50.

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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