Public Sector Pension Investment Board Continues to Hold Stake in LSB Industries, Inc. (LXU)

Public Sector Pension Investment Board continued to hold its position in shares of LSB Industries, Inc. (NYSE:LXU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,564 shares of the conglomerate’s stock at the end of the fourth quarter. Public Sector Pension Investment Board’s holdings in LSB Industries were worth $114,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in LXU. CSS LLC IL purchased a new position in LSB Industries during the third quarter worth $124,000. Stevens Capital Management LP purchased a new position in LSB Industries during the third quarter worth $130,000. Los Angeles Capital Management & Equity Research Inc. raised its position in LSB Industries by 9.8% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 17,370 shares of the conglomerate’s stock worth $149,000 after buying an additional 1,550 shares during the period. Monarch Partners Asset Management LLC purchased a new position in LSB Industries during the third quarter worth $193,000. Finally, Great West Life Assurance Co. Can increased its stake in LSB Industries by 17.9% in the third quarter. Great West Life Assurance Co. Can now owns 27,691 shares of the conglomerate’s stock worth $237,000 after buying an additional 4,200 shares during the period. Institutional investors and hedge funds own 72.68% of the company’s stock.

LSB Industries, Inc. (NYSE:LXU) remained flat at $7.17 during midday trading on Friday. 573,654 shares of the company’s stock were exchanged. The company has a 50-day moving average of $8.78 and a 200-day moving average of $8.24. LSB Industries, Inc. has a 12-month low of $4.52 and a 12-month high of $15.50. The firm has a market capitalization of $203.66 million, a P/E ratio of 2.82 and a beta of 4.28.

LSB Industries (NYSE:LXU) last announced its quarterly earnings results on Monday, February 27th. The conglomerate reported ($1.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.83) by $0.33. The business had revenue of $85.40 million for the quarter, compared to analyst estimates of $87.31 million. LSB Industries had a return on equity of 3.20% and a net margin of 24.50%. LSB Industries’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.23) EPS. Equities analysts predict that LSB Industries, Inc. will post ($1.21) EPS for the current year.

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Separately, Zacks Investment Research raised LSB Industries from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Tuesday, March 7th.

LSB Industries Company Profile

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.