Exchange Traded Concepts LLC Decreases Stock Position in LXP Industrial Trust $LXP

Exchange Traded Concepts LLC cut its holdings in LXP Industrial Trust (NYSE:LXP) by 80.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 36,804 shares of the real estate investment trust’s stock after selling 147,017 shares during the period. Exchange Traded Concepts LLC’s holdings in LXP Industrial Trust were worth $1,825,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LXP. Xponance Inc. increased its holdings in shares of LXP Industrial Trust by 0.9% in the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after purchasing an additional 216 shares in the last quarter. Allworth Financial LP raised its stake in shares of LXP Industrial Trust by 5.9% in the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 332 shares during the last quarter. Choreo LLC lifted its holdings 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 valued at $271,000 after purchasing an additional 854 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of LXP Industrial Trust by 1.4% during the third quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock valued at $784,000 after purchasing an additional 1,211 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of LXP Industrial Trust by 0.5% during the second quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock valued at $2,246,000 after buying an additional 1,474 shares during the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.

LXP Industrial Trust Stock Performance

Shares of LXP opened at $46.07 on Thursday. The firm has a market capitalization of $2.72 billion, a P/E ratio of 25.45 and a beta of 1.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. LXP Industrial Trust has a one year low of $34.25 and a one year high of $52.52. The business has a fifty day moving average of $48.49 and a 200 day moving average of $47.95.

LXP Industrial Trust (NYSE:LXP) last posted its 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 during 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 was down 14.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, sell-side analysts anticipate that LXP Industrial Trust will post 0.63 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio is 154.70%.

Analyst Ratings Changes

A number of equities analysts have weighed in on LXP shares. JPMorgan Chase & Co. decreased their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, March 5th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $51.50.

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.