Vert Asset Management LLC Sells 115,732 Shares of LXP Industrial Trust $LXP

Vert Asset Management LLC lowered its position in LXP Industrial Trust (NYSE:LXP) by 80.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,336 shares of the real estate investment trust’s stock after selling 115,732 shares during the period. Vert Asset Management LLC’s holdings in LXP Industrial Trust were worth $1,405,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of LXP. Xponance Inc. increased its stake in LXP Industrial Trust by 0.9% in the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after acquiring an additional 216 shares during the last quarter. Allworth Financial LP increased its stake in LXP Industrial Trust by 5.9% in the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 332 shares during the last quarter. Choreo LLC increased its stake in LXP Industrial Trust by 3.0% in the 3rd quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after acquiring an additional 854 shares during the last quarter. Arizona State Retirement System increased its stake in LXP Industrial Trust by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock worth $784,000 after acquiring an additional 1,211 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in LXP Industrial Trust by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock worth $2,246,000 after acquiring an additional 1,474 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Stock Performance

LXP Industrial Trust stock opened at $51.73 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. LXP Industrial Trust has a 1-year low of $37.30 and a 1-year high of $52.52. The firm has a market capitalization of $3.05 billion, a P/E ratio of 28.58 and a beta of 1.09. The company’s 50-day moving average is $48.25 and its 200 day moving average is $48.21.

LXP Industrial Trust (NYSE:LXP) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The firm had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business’s revenue for the quarter was down 14.0% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is currently 154.70%.

Analysts Set New Price Targets

LXP has been the subject of a number of analyst reports. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a report on Friday, February 13th. JPMorgan Chase & Co. lowered their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LXP Industrial Trust in a report on Friday, April 10th. Finally, Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $51.50.

LXP Industrial Trust 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.