82,432 Shares in Lsb Industries Inc. $LXU Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new position in Lsb Industries Inc. (NYSE:LXU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 82,432 shares of the conglomerate’s stock, valued at approximately $650,000.

Other large investors have also recently made changes to their positions in the company. American Century Companies Inc. grew its holdings in shares of Lsb Industries by 5.9% during the 2nd quarter. American Century Companies Inc. now owns 1,880,868 shares of the conglomerate’s stock valued at $14,671,000 after purchasing an additional 104,355 shares during the last quarter. Brandywine Global Investment Management LLC purchased a new stake in Lsb Industries during the second quarter valued at about $2,412,000. JB Capital Partners LP bought a new position in shares of Lsb Industries during the second quarter valued at about $529,000. Rhumbline Advisers increased its holdings in shares of Lsb Industries by 5.2% in the first quarter. Rhumbline Advisers now owns 88,188 shares of the conglomerate’s stock worth $581,000 after buying an additional 4,334 shares during the period. Finally, Oxford Asset Management LLP bought a new stake in shares of Lsb Industries in the 2nd quarter valued at about $123,000. 73.67% of the stock is owned by hedge funds and other institutional investors.

Lsb Industries Stock Performance

NYSE:LXU opened at $9.29 on Wednesday. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89. The firm’s fifty day simple moving average is $8.99 and its 200 day simple moving average is $8.55. The stock has a market cap of $667.96 million, a P/E ratio of -928.50 and a beta of 0.75. Lsb Industries Inc. has a twelve month low of $4.88 and a twelve month high of $10.04.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. The firm had revenue of $155.43 million during the quarter, compared to analysts’ expectations of $138.30 million. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. As a group, research analysts predict that Lsb Industries Inc. will post -0.18 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Royal Bank Of Canada restated an “outperform” rating and set a $11.00 price target (up from $10.00) on shares of Lsb Industries in a research report on Tuesday. Zacks Research raised Lsb Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Wall Street Zen upgraded shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a report on Monday, December 29th. Finally, UBS Group reissued a “neutral” rating and set a $9.75 price target (up previously from $9.50) on shares of Lsb Industries in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.25.

Insiders Place Their Bets

In other Lsb Industries news, SVP Kristy Carver sold 19,550 shares of Lsb Industries stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $9.99, for a total transaction of $195,304.50. Following the sale, the senior vice president directly owned 52,613 shares of the company’s stock, valued at approximately $525,603.87. The trade was a 27.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Cheryl Maguire sold 7,551 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total value of $75,510.00. Following the transaction, the chief financial officer owned 200,719 shares in the company, valued at $2,007,190. This trade represents a 3.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 445,208 shares of company stock worth $4,103,442 over the last three months. Company insiders own 4.70% of the company’s stock.

Lsb Industries Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.