IFM Investors Pty Ltd Makes New Investment in LXP Industrial Trust $LXP

IFM Investors Pty Ltd bought a new stake in LXP Industrial Trust (NYSE:LXP) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,405 shares of the real estate investment trust’s stock, valued at approximately $435,000.

Other institutional investors also recently modified their holdings of the company. EQ Wealth Advisors LLC acquired a new stake in LXP Industrial Trust during the 4th quarter valued at $34,000. IFP Advisors Inc grew its holdings in shares of 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 purchasing an additional 326 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of LXP Industrial Trust during the third quarter worth $26,000. EverSource Wealth Advisors LLC increased its stake in shares of 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 valued at $29,000 after buying an additional 1,755 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of 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 valued at $30,000 after buying an additional 1,632 shares in the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Price Performance

Shares of LXP stock opened at $55.50 on Monday. The stock has a 50-day moving average price of $52.41 and a 200 day moving average price of $50.29. 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 firm has a market cap of $3.27 billion, a price-to-earnings ratio of 37.50 and a beta of 1.04. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $55.62.

LXP Industrial Trust (NYSE:LXP) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $85.95 million for the quarter, compared to the consensus estimate 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 period in the prior year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts expect that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, June 30th. LXP Industrial Trust’s dividend payout ratio is currently 189.19%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Evercore set a $54.00 price target on LXP Industrial Trust in a report on Monday, June 8th. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Weiss Ratings raised shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, KeyCorp reissued a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, LXP Industrial Trust has a consensus rating of “Hold” and a consensus target price of $52.62.

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.