Mitsubishi UFJ Trust & Banking Corp Decreases Stock Holdings in LXP Industrial Trust $LXP

Key Points

• Mitsubishi UFJ Trust & Banking Corp cut its stake in LXP by 80.6% in Q4, selling 790,235 shares and leaving it with 190,325 shares (≈0.32% of the company, worth $9.44M).
• LXP reported Q results of $0.80 EPS and $85.95M revenue (above estimates) and set FY2026 guidance of 3.220–3.370 EPS, while the stock trades near its 52‑week high with a market cap of about $3.05B and a P/E of 35.
• The firm declared a quarterly dividend of $0.70 ($2.80 annual, ~5.4% yield), but a dividend payout ratio of 189.19% signals the payout may be unsustainable.

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of LXP Industrial Trust (NYSE:LXP - Free Report) by 80.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 190,325 shares of the real estate investment trust's stock after selling 790,235 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.32% of LXP Industrial Trust worth $9,436,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Lasalle Investment Management Securities LLC boosted its holdings in shares of LXP Industrial Trust by 6.3% during the third quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust's stock worth $87,414,000 after purchasing an additional 578,169 shares during the period. Aew Capital Management L P increased its holdings in 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. Balyasny Asset Management L.P. increased its holdings in LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust's stock valued at $53,131,000 after purchasing an additional 4,688,972 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position in LXP Industrial Trust by 6.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,797,118 shares of the real estate investment trust's stock valued at $51,942,000 after purchasing an additional 340,733 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in LXP Industrial Trust by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust's stock valued at $38,633,000 after purchasing an additional 145,951 shares during the last quarter. Institutional investors own 93.52% of the company's stock.

LXP Industrial Trust Stock Up 1.8%

LXP stock opened at $51.82 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $52.52. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 35.01 and a beta of 1.06. The business's 50 day moving average price is $48.54 and its two-hundred day moving average price is $48.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.21.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million during the quarter, compared to analysts' expectations of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The firm's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, analysts forecast 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. Investors 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 yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust's dividend payout ratio (DPR) is 189.19%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on LXP shares. Wall Street Zen lowered LXP Industrial Trust from a "hold" rating to a "sell" rating in a research report on Saturday. JPMorgan Chase & Co. decreased their target price on LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating for the company in a report on Thursday, March 5th. Citigroup reaffirmed an "outperform" rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings downgraded shares of LXP Industrial Trust from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday. Finally, Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $51.88.

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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