Tudor Investment Corp ET AL Cuts Stock Position in LSB Industries, Inc. (NYSE:LXU)

Tudor Investment Corp ET AL trimmed its holdings in LSB Industries, Inc. (NYSE:LXU - Free Report) by 63.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,574 shares of the conglomerate's stock after selling 43,805 shares during the quarter. Tudor Investment Corp ET AL's holdings in LSB Industries were worth $194,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in LSB Industries by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 3,089,060 shares of the conglomerate's stock valued at $23,446,000 after purchasing an additional 12,345 shares during the last quarter. First Eagle Investment Management LLC grew its stake in shares of LSB Industries by 5.3% in 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 in the last quarter. American Century Companies Inc. grew its stake in shares of LSB Industries by 11.7% in the fourth quarter. American Century Companies Inc. now owns 1,621,036 shares of the conglomerate's stock worth $12,304,000 after acquiring an additional 169,275 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of LSB Industries by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,218,218 shares of the conglomerate's stock worth $9,249,000 after acquiring an additional 7,496 shares in the last quarter. Finally, Royce & Associates LP grew its stake in shares of LSB Industries by 26.7% in the fourth 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 in the last quarter. 73.67% of the stock is owned by hedge funds and other institutional investors.

LSB Industries Trading Down 0.5%

Shares of LXU traded down $0.04 on Friday, hitting $7.13. 110,777 shares of the stock traded hands, compared to its average volume of 444,189. 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 firm has a market capitalization of $512.13 million, a P/E ratio of -33.93, a P/E/G ratio of 0.89 and a beta of 1.05. The stock's 50 day moving average is $6.24 and its two-hundred day moving average is $7.56. 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 posted its quarterly earnings results 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). 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 analysts' expectations of $139.79 million. As a group, sell-side analysts predict that LSB Industries, Inc. will post -0.18 earnings per share for the current year.

Analysts Set New Price Targets

LXU has been the subject of several research reports. Piper Sandler set a $10.00 price target on shares of LSB Industries in a research note on Thursday, March 27th. UBS Group reduced their price target on shares of LSB Industries from $11.00 to $8.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Finally, StockNews.com lowered shares of LSB Industries from a "hold" rating to a "sell" rating in a research report on Wednesday, March 12th. 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 a consensus rating of "Moderate Buy" and an average target price 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.