American Century Companies Inc. Has $14.67 Million Holdings in Lsb Industries Inc. $LXU

American Century Companies Inc. lifted its position in shares of Lsb Industries Inc. (NYSE:LXU) by 5.9% during the second quarter, Holdings Channel.com reports. The firm owned 1,880,868 shares of the conglomerate’s stock after purchasing an additional 104,355 shares during the period. American Century Companies Inc.’s holdings in Lsb Industries were worth $14,671,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in Lsb Industries during the first quarter valued at about $29,000. Aigen Investment Management LP purchased a new stake in shares of Lsb Industries during the 1st quarter valued at approximately $69,000. EP Wealth Advisors LLC boosted its holdings in Lsb Industries by 42.6% in the 1st quarter. EP Wealth Advisors LLC now owns 15,727 shares of the conglomerate’s stock worth $104,000 after buying an additional 4,702 shares during the period. Humankind Investments LLC grew its position in shares of Lsb Industries by 12.1% in the first quarter. Humankind Investments LLC now owns 16,372 shares of the conglomerate’s stock valued at $108,000 after purchasing an additional 1,769 shares in the last quarter. Finally, First Bank & Trust purchased a new position in shares of Lsb Industries in the second quarter valued at $112,000. Institutional investors and hedge funds own 73.67% of the company’s stock.

Lsb Industries Trading Up 1.2%

Shares of NYSE LXU opened at $9.59 on Thursday. Lsb Industries Inc. has a fifty-two week low of $4.88 and a fifty-two week high of $9.98. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.63 and a current ratio of 2.84. The company has a market cap of $690.19 million, a price-to-earnings ratio of -959.40 and a beta of 0.81. The business’s 50 day moving average price is $8.81 and its 200-day moving average price is $8.29.

Lsb Industries (NYSE:LXU) last issued its earnings results on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The business had revenue of $155.43 million for the quarter, compared to the consensus estimate of $138.30 million. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. On average, sell-side analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Wall Street Analyst Weigh In

LXU has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research report on Monday. UBS Group reiterated a “neutral” rating and issued a $9.50 price objective (up previously from $9.25) on shares of Lsb Industries in a report on Thursday, October 30th. Wall Street Zen raised Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Royal Bank Of Canada increased their price objective on Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Lsb Industries presently has an average rating of “Hold” and an average price target of $9.83.

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.