SG Americas Securities LLC Sells 20,719 Shares of LXP Industrial Trust $LXP

SG Americas Securities LLC lowered its position in shares of LXP Industrial Trust (NYSE:LXP) by 44.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,933 shares of the real estate investment trust’s stock after selling 20,719 shares during the quarter. SG Americas Securities LLC’s holdings in LXP Industrial Trust were worth $1,286,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Allworth Financial LP boosted its position in shares of LXP Industrial Trust by 5.9% during the 3rd 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 in the last quarter. Swiss Life Asset Management Ltd bought a new position in shares of LXP Industrial Trust during the 3rd quarter worth about $112,000. Cambria Investment Management L.P. boosted its position in shares of LXP Industrial Trust by 15.6% during the 3rd quarter. Cambria Investment Management L.P. now owns 71,137 shares of the real estate investment trust’s stock worth $637,000 after purchasing an additional 9,610 shares in the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of LXP Industrial Trust during the 3rd quarter worth about $279,000. Finally, Coldstream Capital Management Inc. bought a new position in shares of LXP Industrial Trust during the 3rd quarter worth about $113,000. Institutional investors own 93.52% of the company’s stock.

Analyst Upgrades and Downgrades

LXP has been the topic of a number of research analyst reports. Weiss Ratings cut shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. cut their price objective on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a research report on Sunday. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $51.50.

LXP Industrial Trust Price Performance

Shares of NYSE LXP opened at $47.64 on Wednesday. LXP Industrial Trust has a fifty-two week low of $34.25 and a fifty-two week high of $52.52. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 26.32 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24. The firm’s 50-day simple moving average is $48.26 and its 200 day simple moving average is $47.97.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share 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 business had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. During the same period in the previous year, the business posted $0.16 EPS. LXP Industrial Trust’s revenue was down 14.0% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, research analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.9%. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 154.70%.

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.