LXP Industrial Trust $LXP Shares Sold by Centersquare Investment Management LLC

Centersquare Investment Management LLC reduced its holdings in LXP Industrial Trust (NYSE:LXP) by 83.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,960 shares of the real estate investment trust’s stock after selling 339,445 shares during the quarter. Centersquare Investment Management LLC owned 0.11% of LXP Industrial Trust worth $3,221,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LXP. Caitong International Asset Management Co. Ltd acquired a new stake in LXP Industrial Trust in the 3rd quarter valued at approximately $26,000. EverSource Wealth Advisors LLC increased its position in LXP Industrial Trust by 101.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. increased its position in LXP Industrial Trust by 82.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,632 shares during the period. EQ Wealth Advisors LLC acquired a new stake in LXP Industrial Trust in the 4th quarter valued at approximately $34,000. Finally, IFP Advisors Inc increased its position in LXP Industrial Trust by 63.8% in the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 326 shares during the period. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on LXP shares. 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 cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday. JPMorgan Chase & Co. lowered their price target on 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. Finally, Evercore set a $54.00 price target on LXP Industrial Trust in a research report on Monday. Three 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 company presently has an average rating of “Hold” and an average target price of $52.63.

LXP Industrial Trust Stock Performance

LXP opened at $52.60 on Friday. The firm has a market cap of $3.10 billion, a PE ratio of 35.54 and a beta of 1.05. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $50.78 and a 200-day simple moving average of $49.69. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.48.

LXP Industrial Trust (NYSE:LXP) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The business had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.LXP Industrial Trust’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities analysts predict that LXP Industrial Trust will post 3.33 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

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

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.