Zurcher Kantonalbank Zurich Cantonalbank Has $1.78 Million Stock Holdings in LXP Industrial Trust $LXP

Key Points

• Zurcher Kantonalbank trimmed its stake in LXP Industrial Trust by 82.8% in Q4, selling 173,224 shares and leaving 35,900 shares valued at about $1.78 million, while institutional investors own roughly 93.5% of the stock.
• LXP reported a Q result of $0.79 EPS versus $0.85 expected and revenue down 14% year-over-year, set FY2026 guidance of 3.220–3.370 EPS (analysts expect ~3.31), and carries a consensus rating of Hold with a $51.50 price target.
• The company paid a quarterly dividend of $0.70 (annualized $2.80) for a yield of about 5.5%, but the payout ratio is very high at 154.7%, signaling potential sustainability concerns.

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in LXP Industrial Trust (NYSE:LXP - Free Report) by 82.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,900 shares of the real estate investment trust's stock after selling 173,224 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of LXP Industrial Trust worth $1,780,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of LXP Industrial Trust during the third quarter valued at about $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 1,632 shares during the last quarter. Allworth Financial LP grew its holdings in shares of LXP Industrial Trust by 5.9% during the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 332 shares during the last quarter. Finally, Corient Private Wealth LLC acquired a new position in shares of LXP Industrial Trust during the second quarter valued at about $90,000. 93.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LXP has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of LXP Industrial Trust from a "sell" rating to a "hold" rating in a report on Sunday, April 5th. Citigroup reiterated an "outperform" rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings reiterated a "hold (c+)" rating on shares of LXP Industrial Trust in a report on Friday, April 10th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of LXP Industrial Trust from $50.00 to $49.00 and set a "neutral" rating for the company in a report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $51.50.

LXP Industrial Trust Stock Down 0.0%

LXP opened at $50.70 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The company's 50-day moving average is $48.38 and its 200 day moving average is $48.39. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $52.52. The firm has a market capitalization of $2.99 billion, a P/E ratio of 28.01 and a beta of 1.09.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by ($0.06). The firm had revenue of $86.74 million for the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The firm's revenue for the quarter was down 14.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts expect that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.5%. LXP Industrial Trust's payout ratio is currently 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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