Strs Ohio Lowers Stock Position in LXP Industrial Trust $LXP

Strs Ohio lessened its holdings in LXP Industrial Trust (NYSE:LXP) by 80.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,300 shares of the real estate investment trust’s stock after selling 42,700 shares during the quarter. Strs Ohio’s holdings in LXP Industrial Trust were worth $511,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. EQ Wealth Advisors LLC purchased a new stake in LXP Industrial Trust in the 4th quarter valued at approximately $34,000. Caitong International Asset Management Co. Ltd purchased a new stake in LXP Industrial Trust in the 3rd quarter valued at approximately $26,000. EverSource Wealth Advisors LLC boosted its holdings in LXP Industrial Trust by 101.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in LXP Industrial Trust by 82.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,632 shares in the last quarter. Finally, Seeds Investor LLC purchased a new stake in LXP Industrial Trust in the 4th quarter valued at approximately $234,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Price Performance

Shares of NYSE:LXP opened at $52.37 on Friday. The business’s 50 day simple moving average is $48.75 and its 200-day simple moving average is $48.63. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 35.38 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $52.79.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The business had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is currently 189.19%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LXP shares. Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. JPMorgan Chase & Co. lowered their price objective on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. 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 stock. Based on data from MarketBeat, LXP Industrial Trust presently has a consensus rating of “Hold” and a consensus price target of $51.88.

LXP Industrial Trust Company 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.