ProShare Advisors LLC Trims Stock Holdings in LXP Industrial Trust $LXP

ProShare Advisors LLC decreased its stake in LXP Industrial Trust (NYSE:LXP) by 79.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,351 shares of the real estate investment trust’s stock after selling 43,670 shares during the quarter. ProShare Advisors LLC’s holdings in LXP Industrial Trust were worth $563,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Balyasny Asset Management L.P. grew its stake in shares of LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after acquiring an additional 4,688,972 shares during the period. Aew Capital Management L P lifted its holdings in LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after purchasing an additional 3,465,123 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC bought a new position in shares of LXP Industrial Trust in the third quarter worth approximately $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of LXP Industrial Trust by 468.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock worth $18,435,000 after purchasing an additional 1,695,558 shares in the last quarter. Finally, M&T Bank Corp purchased a new stake in shares of LXP Industrial Trust in the fourth quarter worth $79,619,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

LXP has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price target on LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Finally, Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $51.88.

LXP Industrial Trust Stock Down 0.5%

LXP opened at $52.41 on Friday. The firm has a 50-day simple moving average of $49.84 and a two-hundred day simple moving average of $49.06. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $53.16. The company has a market capitalization of $3.09 billion, a PE ratio of 35.41 and a beta of 1.06. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. During the same quarter in the prior year, the firm earned $0.16 EPS. The business’s revenue 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. Analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.3%. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

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.