LXP Industrial Trust $LXP Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB reduced its position in LXP Industrial Trust (NYSE:LXP) by 80.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,623 shares of the real estate investment trust’s stock after selling 82,492 shares during the period. Handelsbanken Fonder AB’s holdings in LXP Industrial Trust were worth $1,022,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. EQ Wealth Advisors LLC acquired a new position in LXP Industrial Trust during the fourth quarter valued at approximately $34,000. M&T Bank Corp acquired a new position in LXP Industrial Trust during the fourth quarter valued at approximately $391,000. Seeds Investor LLC acquired a new position in LXP Industrial Trust during the fourth quarter valued at approximately $234,000. Synergy Asset Management LLC acquired a new position in LXP Industrial Trust during the fourth quarter valued at approximately $310,000. Finally, Pensionfund Sabic acquired a new position in LXP Industrial Trust during the fourth quarter valued at approximately $912,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on LXP. 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 report on Thursday, March 5th. Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Evercore set a $51.00 price objective on LXP Industrial Trust in a research report on Friday, February 13th. Finally, Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $51.88.

LXP Industrial Trust Stock Up 1.1%

Shares of LXP stock opened at $52.82 on Wednesday. The stock has a market cap of $3.11 billion, a P/E ratio of 35.69 and a beta of 1.06. LXP Industrial Trust has a one year low of $38.20 and a one year high of $53.16. The stock has a fifty day moving average price of $49.66 and a 200 day moving average price of $48.99. 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 earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The firm 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 quarterly revenue was down 3.3% compared to the same quarter last year. During the same period last year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Analysts predict that LXP Industrial Trust will post 3.31 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed 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 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.