Alberta Investment Management Corp Sells 1,354,003 Shares of LXP Industrial Trust $LXP

Alberta Investment Management Corp lowered its position in shares of LXP Industrial Trust (NYSE:LXP) by 80.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 338,500 shares of the real estate investment trust’s stock after selling 1,354,003 shares during the period. Alberta Investment Management Corp owned approximately 0.57% of LXP Industrial Trust worth $16,783,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in LXP. Caitong International Asset Management Co. Ltd bought a new stake in shares of LXP Industrial Trust during the third quarter valued at approximately $26,000. EverSource Wealth Advisors LLC increased its position in shares of LXP Industrial Trust by 101.7% during the second 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 in the last quarter. Geneos Wealth Management Inc. increased its position in shares of LXP Industrial Trust by 82.0% during the second 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 in the last quarter. EQ Wealth Advisors LLC purchased a new stake in LXP Industrial Trust in the fourth quarter worth approximately $34,000. Finally, IFP Advisors Inc boosted its holdings in LXP Industrial Trust by 63.8% in the fourth quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 326 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on LXP shares. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. Wall Street Zen upgraded shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Finally, Evercore set a $54.00 target price on shares of LXP Industrial Trust in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, LXP Industrial Trust presently has an average rating of “Hold” and an average price target of $52.63.

LXP Industrial Trust Trading Up 1.4%

Shares of LXP Industrial Trust stock opened at $53.78 on Tuesday. The company’s fifty day simple moving average is $51.08 and its 200-day simple moving average is $49.77. The stock has a market capitalization of $3.17 billion, a PE ratio of 36.34 and a beta of 1.05. LXP Industrial Trust has a 1-year low of $38.20 and a 1-year high of $54.14. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The business had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last 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, equities analysts anticipate that LXP Industrial Trust will post 3.33 earnings per share for the current year.

LXP Industrial Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 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.