Vanguard Group Inc. Sells 36,790,102 Shares of LXP Industrial Trust $LXP

Key Points

• Vanguard Group Inc. sold 36,790,102 shares of LXP Industrial Trust in Q4, cutting its position by 80.5% to 8,907,954 shares — roughly a 15.06% stake valued at about $441.7 million.
• LXP reported quarterly EPS of $0.80 and revenue of $85.95 million (beating estimates) while revenue was down 3.3% year-over-year, and the company set FY2026 EPS guidance of 3.220–3.370 (analysts average 3.31).
• LXP paid a $0.70 quarterly dividend (annualized $2.80, 5.4% yield) but has a concerning dividend payout ratio of 189.19%; analyst coverage is mixed with an average "Hold" rating and a $51.88 price target.

Vanguard Group Inc. lessened its position in LXP Industrial Trust (NYSE:LXP - Free Report) by 80.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,907,954 shares of the real estate investment trust's stock after selling 36,790,102 shares during the quarter. Vanguard Group Inc. owned approximately 15.06% of LXP Industrial Trust worth $441,656,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Allianz Asset Management GmbH raised its holdings in shares of LXP Industrial Trust by 144.9% in the third quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust's stock valued at $9,032,000 after purchasing an additional 596,457 shares during the last quarter. AE Wealth Management LLC boosted its holdings in LXP Industrial Trust by 8.1% during the third quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust's stock worth $2,603,000 after purchasing an additional 21,826 shares during the last quarter. AlphaQuest LLC boosted its holdings in LXP Industrial Trust by 109.6% during the third quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust's stock worth $2,087,000 after purchasing an additional 121,790 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC bought a new position in LXP Industrial Trust in the third quarter valued at $15,508,000. Finally, Aew Capital Management L P grew its position in LXP Industrial Trust by 61.1% in the third 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 in the last quarter. Institutional investors own 93.52% of the company's stock.

LXP Industrial Trust Price Performance

NYSE:LXP opened at $51.74 on Wednesday. The stock has a market capitalization of $3.05 billion, a PE ratio of 34.96 and a beta of 1.06. LXP Industrial Trust has a 1-year low of $38.20 and a 1-year high of $52.52. The firm has a fifty day simple moving average of $48.61 and a 200 day simple moving average of $48.56. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company's quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, research analysts expect that LXP Industrial Trust will post 3.31 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust's dividend payout ratio is presently 189.19%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating on the stock in a research report on Thursday, March 5th. Citigroup restated an "outperform" rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Evercore set a $51.00 target price on LXP Industrial Trust in a research report on Friday, February 13th. Weiss Ratings lowered LXP Industrial Trust from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday. Finally, Wall Street Zen cut LXP Industrial Trust from a "hold" rating to a "sell" rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $51.88.

About LXP Industrial Trust

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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