UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 36,308 Shares of LSB Industries, Inc. (NYSE:LXU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in LSB Industries, Inc. (NYSE:LXU - Free Report) by 38.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,534 shares of the conglomerate's stock after selling 36,308 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.08% of LSB Industries worth $437,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in LXU. CenterBook Partners LP acquired a new stake in LSB Industries during the fourth quarter worth about $1,312,000. Millennium Management LLC grew its position in LSB Industries by 220.9% during the fourth quarter. Millennium Management LLC now owns 248,653 shares of the conglomerate's stock worth $1,887,000 after buying an additional 171,176 shares in the last quarter. American Century Companies Inc. grew its position in LSB Industries by 11.7% during the fourth quarter. American Century Companies Inc. now owns 1,621,036 shares of the conglomerate's stock worth $12,304,000 after buying an additional 169,275 shares in the last quarter. Systematic Financial Management LP grew its position in LSB Industries by 6.1% during the fourth quarter. Systematic Financial Management LP now owns 1,762,470 shares of the conglomerate's stock worth $13,377,000 after buying an additional 102,027 shares in the last quarter. Finally, First Eagle Investment Management LLC grew its position in 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 buying an additional 88,506 shares in the last quarter. 73.67% of the stock is currently owned by institutional investors.

LSB Industries Price Performance

NYSE LXU traded up $0.30 during trading on Friday, reaching $8.23. 484,447 shares of the company traded hands, compared to its average volume of 382,522. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53. The stock's 50 day moving average price is $6.64 and its two-hundred day moving average price is $7.41. The company has a market cap of $591.56 million, a price-to-earnings ratio of -39.19, a P/E/G ratio of 0.89 and a beta of 1.23. 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 released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.04). The company had revenue of $143.43 million for the quarter, compared to analyst estimates of $139.79 million. LSB Industries had a negative net margin of 2.99% and a positive return on equity of 0.98%. As a group, analysts anticipate that LSB Industries, Inc. will post -0.18 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. UBS Group decreased their target price on LSB Industries from $11.00 to $8.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Wall Street Zen raised LSB Industries from a "sell" rating to a "hold" rating in a research report on Saturday, May 31st. Finally, Piper Sandler set a $10.00 target price on LSB Industries in a research report on Thursday, March 27th.

About LSB Industries

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.