GSA Capital Partners LLP Lowers Stock Position in LXP Industrial Trust $LXP

GSA Capital Partners LLP lowered its position in LXP Industrial Trust (NYSE:LXP) by 55.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,229 shares of the real estate investment trust’s stock after selling 35,688 shares during the period. GSA Capital Partners LLP’s holdings in LXP Industrial Trust were worth $1,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Xponance Inc. raised its holdings in shares of LXP Industrial Trust by 0.9% in the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 216 shares during the last quarter. Allworth Financial LP raised its holdings in shares of LXP Industrial Trust by 5.9% in the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the last quarter. EQ Wealth Advisors LLC purchased a new stake in shares of LXP Industrial Trust in the fourth quarter valued at about $34,000. Choreo LLC raised its holdings in shares of LXP Industrial Trust by 3.0% in the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock valued at $271,000 after purchasing an additional 854 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in shares of LXP Industrial Trust by 1.4% in the third quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock valued at $784,000 after purchasing an additional 1,211 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Analysts Set New Price Targets

LXP has been the subject of several analyst reports. Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. dropped their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Finally, Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $51.88.

LXP Industrial Trust Price Performance

Shares of NYSE:LXP opened at $52.26 on Thursday. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $52.79. The firm has a market capitalization of $3.08 billion, a PE ratio of 35.31 and a beta of 1.06. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $49.25 and a two-hundred day moving average price of $48.87.

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

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.4%. LXP Industrial Trust’s payout ratio is presently 189.19%.

About LXP Industrial Trust

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.