LSB Industries, Inc. (NYSE:LXU) Shares Purchased by Systematic Financial Management LP

Systematic Financial Management LP increased its holdings in shares of LSB Industries, Inc. (NYSE:LXU - Free Report) by 6.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,762,470 shares of the conglomerate's stock after acquiring an additional 102,027 shares during the period. Systematic Financial Management LP owned approximately 2.46% of LSB Industries worth $13,377,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in LXU. Royce & Associates LP raised its holdings in shares of LSB Industries by 26.7% during the 4th quarter. Royce & Associates LP now owns 231,067 shares of the conglomerate's stock worth $1,754,000 after acquiring an additional 48,641 shares during the period. American Century Companies Inc. grew its position in LSB Industries by 11.7% in the 4th quarter. American Century Companies Inc. now owns 1,621,036 shares of the conglomerate's stock valued at $12,304,000 after acquiring an additional 169,275 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of LSB Industries by 5.3% during the fourth quarter. First Eagle Investment Management LLC now owns 1,760,401 shares of the conglomerate's stock worth $13,361,000 after acquiring an additional 88,506 shares during the period. Ausbil Investment Management Ltd purchased a new position in shares of LSB Industries in the 4th quarter valued at about $313,000. Finally, Barclays PLC increased its position in shares of LSB Industries by 1.7% in the 4th quarter. Barclays PLC now owns 90,783 shares of the conglomerate's stock valued at $688,000 after purchasing an additional 1,510 shares during the last quarter. 73.67% of the stock is owned by institutional investors and hedge funds.

LSB Industries Trading Up 0.5%

Shares of NYSE LXU traded up $0.04 during trading on Friday, hitting $7.38. 163,839 shares of the company traded hands, compared to its average volume of 369,635. The firm has a market capitalization of $530.10 million, a P/E ratio of -35.07, a P/E/G ratio of 0.89 and a beta of 1.05. The company has a quick ratio of 2.36, a current ratio of 2.53 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average price of $6.25 and a 200-day moving average price of $7.52. LSB Industries, Inc. has a 1 year low of $4.88 and a 1 year high of $10.40.

LSB Industries (NYSE:LXU - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.04). LSB Industries had a positive return on equity of 0.98% and a negative net margin of 2.99%. The company had revenue of $143.43 million for the quarter, compared to analyst estimates of $139.79 million. On average, equities analysts predict that LSB Industries, Inc. will post -0.18 EPS for the current year.

Wall Street Analysts Forecast Growth

LXU has been the topic of several research analyst reports. Wall Street Zen lowered shares of LSB Industries from a "hold" rating to a "sell" rating in a research note on Wednesday, March 12th. Piper Sandler set a $10.00 target price on LSB Industries in a research report on Thursday, March 27th. Finally, UBS Group decreased their target price on LSB Industries from $11.00 to $8.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $9.75.

LSB Industries 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.