12,530 Shares in LXP Industrial Trust $LXP Acquired by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd acquired a new stake in shares of LXP Industrial Trust (NYSE:LXP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,530 shares of the real estate investment trust’s stock, valued at approximately $112,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Xponance Inc. increased its position in LXP Industrial Trust by 0.9% in the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after buying an additional 216 shares during the period. Choreo LLC grew its position in shares of LXP Industrial Trust by 3.0% during the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after acquiring an additional 854 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of LXP Industrial Trust by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock worth $784,000 after acquiring an additional 1,211 shares during the period. California State Teachers Retirement System increased its holdings in shares of LXP Industrial Trust by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock worth $2,246,000 after acquiring an additional 1,474 shares during the period. Finally, Virtus Investment Advisers LLC lifted its position in LXP Industrial Trust by 8.9% in the 2nd quarter. Virtus Investment Advisers LLC now owns 19,629 shares of the real estate investment trust’s stock valued at $162,000 after purchasing an additional 1,612 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Stock Performance

LXP stock opened at $46.18 on Friday. The company has a 50-day simple moving average of $48.74 and a 200 day simple moving average of $47.94. The company has a market capitalization of $2.73 billion, a P/E ratio of 25.51 and a beta of 1.09. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a fifty-two week low of $34.25 and a fifty-two week high of $52.52.

LXP Industrial Trust (NYSE:LXP) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.06). LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The company had revenue of $86.74 million for the quarter, compared to analyst estimates of $86.05 million. During the same period in the previous year, the business posted $0.16 EPS. The firm’s quarterly revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts predict that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 154.70%.

Analysts Set New Price Targets

A number of research analysts have issued reports on LXP shares. Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research note on Friday, February 13th. Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday. JPMorgan Chase & Co. cut their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, Weiss Ratings lowered LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $51.50.

LXP Industrial Trust Company 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.