Tudor Investment Corp ET AL Trims Stock Position in Lsb Industries Inc. $LXU

Tudor Investment Corp ET AL lowered its holdings in shares of Lsb Industries Inc. (NYSE:LXU) by 51.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,295 shares of the conglomerate’s stock after selling 52,909 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Lsb Industries were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LXU. Russell Investments Group Ltd. increased its position in shares of Lsb Industries by 2,900.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after purchasing an additional 4,350 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Lsb Industries during the 3rd quarter valued at about $42,000. Tower Research Capital LLC TRC increased its position in shares of Lsb Industries by 90.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock valued at $47,000 after purchasing an additional 2,856 shares during the last quarter. Quarry LP purchased a new stake in shares of Lsb Industries during the 3rd quarter valued at about $94,000. Finally, Orion Porfolio Solutions LLC increased its position in shares of Lsb Industries by 21.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock valued at $97,000 after purchasing an additional 2,148 shares during the last quarter. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Trading Up 5.8%

Shares of LXU opened at $14.97 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.78 and a quick ratio of 2.61. Lsb Industries Inc. has a 1 year low of $4.92 and a 1 year high of $17.22. The company has a 50 day simple moving average of $13.04 and a two-hundred day simple moving average of $10.38. The firm has a market cap of $1.08 billion, a P/E ratio of 44.03 and a beta of 0.48.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. Lsb Industries had a net margin of 4.00% and a return on equity of 4.90%. The business had revenue of $165.05 million during the quarter, compared to analyst estimates of $153.88 million. On average, equities analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Insider Transactions at Lsb Industries

In other Lsb Industries news, Director Barry H. Golsen sold 17,813 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $10.04, for a total transaction of $178,842.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 165,615 shares of company stock worth $1,664,284. Company insiders own 4.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LXU. Wall Street Zen raised shares of Lsb Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, April 6th. Zacks Research lowered shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $14.00 target price (up from $13.00) on shares of Lsb Industries in a report on Tuesday, April 7th. Jefferies Financial Group increased their target price on shares of Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, March 12th. Finally, Weiss Ratings raised shares of Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.17.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.