LXP Industrial Trust $LXP Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its stake in LXP Industrial Trust (NYSE:LXP) by 80.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,578 shares of the real estate investment trust’s stock after selling 136,411 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.06% of LXP Industrial Trust worth $1,665,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Xponance Inc. increased its holdings in shares of LXP Industrial Trust by 0.9% in the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 216 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of 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 valued at $41,000 after purchasing an additional 326 shares during the last quarter. Allworth Financial LP increased its holdings in shares of LXP Industrial Trust by 5.9% in the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the last quarter. EQ Wealth Advisors LLC acquired a new stake in shares of LXP Industrial Trust in the fourth quarter valued at approximately $34,000. Finally, Choreo LLC increased its holdings in shares of LXP Industrial Trust by 3.0% in the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock valued at $271,000 after purchasing an additional 854 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

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

LXP Industrial Trust Trading Up 0.9%

LXP opened at $52.14 on Friday. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $53.16. The business has a fifty day simple moving average of $50.30 and a 200-day simple moving average of $49.50. The firm has a market cap of $3.07 billion, a P/E ratio of 35.23 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.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. During the same period last year, the business posted $0.16 earnings per share. The company’s quarterly 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. On average, equities analysts expect that LXP Industrial Trust will post 3.33 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 5.4%. LXP Industrial Trust’s payout ratio is 189.19%.

About LXP Industrial Trust

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.