70,000 Shares in Lsb Industries Inc. $LXU Bought by JB Capital Partners LP

JB Capital Partners LP acquired a new stake in shares of Lsb Industries Inc. (NYSE:LXU) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 70,000 shares of the conglomerate’s stock, valued at approximately $529,000. JB Capital Partners LP owned approximately 0.10% of Lsb Industries as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP purchased a new position in Lsb Industries during the 1st quarter valued at about $29,000. Aigen Investment Management LP purchased a new stake in Lsb Industries in the first quarter worth about $69,000. First Bank & Trust bought a new position in shares of Lsb Industries during the second quarter valued at approximately $112,000. EP Wealth Advisors LLC lifted its holdings in shares of Lsb Industries by 42.6% during the first quarter. EP Wealth Advisors LLC now owns 15,727 shares of the conglomerate’s stock valued at $104,000 after purchasing an additional 4,702 shares during the last quarter. Finally, Humankind Investments LLC lifted its holdings in shares of Lsb Industries by 12.1% during the first quarter. Humankind Investments LLC now owns 16,372 shares of the conglomerate’s stock valued at $108,000 after purchasing an additional 1,769 shares during the last quarter. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on LXU. Royal Bank Of Canada raised their price target on Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a report on Monday, November 10th. UBS Group restated a “neutral” rating and set a $9.50 price objective (up from $9.25) on shares of Lsb Industries in a research note on Thursday, October 30th. Wall Street Zen upgraded shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lsb Industries in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $9.83.

Lsb Industries Stock Performance

Shares of NYSE LXU opened at $9.10 on Friday. The firm’s 50-day moving average price is $8.83 and its 200-day moving average price is $8.30. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $9.98. The company has a market cap of $654.40 million, a PE ratio of -909.60 and a beta of 0.81. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89.

Lsb Industries (NYSE:LXU) last released its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.03. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. The firm had revenue of $155.43 million during the quarter, compared to analysts’ expectations of $138.30 million. As a group, analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current year.

About Lsb Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.