AlphaQuest LLC Has $3 Million Stock Position in LXP Industrial Trust $LXP

AlphaQuest LLC lowered its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 74.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,595 shares of the real estate investment trust’s stock after selling 172,312 shares during the period. AlphaQuest LLC’s holdings in LXP Industrial Trust were worth $3,004,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. EQ Wealth Advisors LLC acquired a new stake in LXP Industrial Trust in the fourth quarter valued at approximately $34,000. IFP Advisors Inc lifted its holdings in LXP Industrial Trust by 63.8% during the fourth quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 326 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in LXP Industrial Trust during the third quarter worth $26,000. EverSource Wealth Advisors LLC increased its position in LXP Industrial Trust by 101.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,755 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in LXP Industrial Trust by 82.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,632 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LXP. Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. dropped their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. Finally, Evercore set a $51.00 target price on LXP Industrial Trust in a research note on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $51.88.

LXP Industrial Trust Stock Up 0.1%

Shares of NYSE:LXP opened at $52.32 on Tuesday. LXP Industrial Trust has a 1 year low of $38.20 and a 1 year high of $52.79. The stock’s 50-day moving average is $49.54 and its 200 day moving average is $48.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The company has a market cap of $3.08 billion, a PE ratio of 35.35 and a beta of 1.06.

LXP Industrial Trust (NYSE:LXP) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The firm had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. During the same quarter in the prior year, the business earned $0.16 EPS. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts anticipate that LXP Industrial Trust will post 3.31 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. LXP Industrial Trust’s dividend payout ratio is 189.19%.

About LXP Industrial Trust

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.