Universal Beteiligungs und Servicegesellschaft mbH Invests $1.98 Million in LXP Industrial Trust (NYSE:LXP)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in LXP Industrial Trust (NYSE:LXP - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 229,171 shares of the real estate investment trust's stock, valued at approximately $1,982,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of LXP Industrial Trust at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. EQ Wealth Advisors LLC acquired a new stake in LXP Industrial Trust during the first quarter worth $30,000. GF Fund Management CO. LTD. acquired a new stake in shares of LXP Industrial Trust during the 4th quarter worth about $43,000. Signaturefd LLC increased its position in shares of LXP Industrial Trust by 678.3% during the 1st quarter. Signaturefd LLC now owns 6,281 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 5,474 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of LXP Industrial Trust by 805.0% during the 4th quarter. Sterling Capital Management LLC now owns 9,159 shares of the real estate investment trust's stock worth $74,000 after purchasing an additional 8,147 shares during the last quarter. Finally, Townsquare Capital LLC acquired a new stake in shares of LXP Industrial Trust in the fourth quarter valued at $82,000. 93.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. KeyCorp dropped their price objective on LXP Industrial Trust from $11.00 to $10.00 and set an "overweight" rating for the company in a research note on Friday, May 2nd. JMP Securities reaffirmed a "market perform" rating on shares of LXP Industrial Trust in a research note on Monday, May 5th.

LXP Industrial Trust Stock Down 0.1%

LXP traded down $0.01 on Friday, hitting $7.75. 3,954,723 shares of the company were exchanged, compared to its average volume of 3,737,730. LXP Industrial Trust has a twelve month low of $6.85 and a twelve month high of $10.44. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 27.68 and a beta of 1.01. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $8.43 and a two-hundred day moving average price of $8.38.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. LXP Industrial Trust had a return on equity of 4.34% and a net margin of 24.07%. The firm had revenue of $86.74 million during the quarter, compared to analysts' expectations of $87.25 million. During the same period in the previous year, the firm posted $0.16 EPS. LXP Industrial Trust's revenue for the quarter was up 2.2% on a year-over-year basis. On average, equities analysts predict that LXP Industrial Trust will post 0.63 earnings per share for the current year.

LXP Industrial Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Monday, June 30th. LXP Industrial Trust's dividend payout ratio is currently 270.00%.

LXP Industrial Trust Company Profile

LXP Industrial Trust NYSE: LXP is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.