Samalin Investment Counsel LLC Has $781,000 Position in LXP Industrial Trust $LXP

Key Points

• Samalin Investment Counsel LLC slashed its stake in LXP by 80.6% in Q4, selling 65,396 shares and retaining 15,750 shares valued at $781,000.
• Several large institutional investors materially increased positions—most notably Lasalle, AEW and Balyasny added millions of shares—and institutional ownership now stands at 93.52%.
• LXP missed Q4 EPS ($0.79 vs. $0.85) with revenue down ~14% YoY; analysts' consensus is a Hold with a target of $51.50, and the stock yields 5.5% despite a high payout ratio of 154.7%.

Samalin Investment Counsel LLC cut its stake in LXP Industrial Trust (NYSE:LXP - Free Report) by 80.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,750 shares of the real estate investment trust's stock after selling 65,396 shares during the quarter. Samalin Investment Counsel LLC's holdings in LXP Industrial Trust were worth $781,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of LXP. Lasalle Investment Management Securities LLC grew its stake in LXP Industrial Trust by 6.3% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust's stock valued at $87,414,000 after buying an additional 578,169 shares during the last quarter. Aew Capital Management L P lifted its position in LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust's stock worth $81,856,000 after acquiring an additional 3,465,123 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of LXP Industrial Trust by 269.0% during the second quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust's stock worth $53,131,000 after acquiring an additional 4,688,972 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in shares of LXP Industrial Trust by 6.2% in the third 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 grew its position in shares of LXP Industrial Trust by 3.5% in the third 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 and hedge funds own 93.52% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on LXP. Wall Street Zen raised LXP Industrial Trust from a "sell" rating to a "hold" rating in a report on Sunday, April 5th. JPMorgan Chase & Co. decreased 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. Weiss Ratings reiterated a "hold (c+)" rating on shares of LXP Industrial Trust in a research report on Friday, April 10th. Citigroup reissued an "outperform" rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $51.50.

LXP Industrial Trust Stock Performance

Shares of NYSE:LXP opened at $50.70 on Tuesday. The company's 50 day simple moving average is $48.38 and its 200 day simple moving average is $48.39. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 28.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. LXP Industrial Trust has a 1 year low of $38.20 and a 1 year high of $52.52.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last released 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 the consensus estimate of $86.05 million. During the same quarter in the previous year, the company earned $0.16 earnings per share. The firm's revenue for the quarter 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. As a group, research analysts predict that LXP Industrial Trust will post 3.31 EPS 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 issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.5%. LXP Industrial Trust's payout ratio is 154.70%.

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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