Oregon Public Employees Retirement Fund Decreases Stock Holdings in LXP Industrial Trust $LXP

Oregon Public Employees Retirement Fund reduced its position in shares of LXP Industrial Trust (NYSE:LXP) by 79.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,510 shares of the real estate investment trust’s stock after selling 53,080 shares during the period. Oregon Public Employees Retirement Fund’s holdings in LXP Industrial Trust were worth $670,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LXP. Balyasny Asset Management L.P. lifted its stake in LXP Industrial Trust by 269.0% during the second quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after purchasing an additional 4,688,972 shares during the last quarter. Aew Capital Management L P lifted its stake in LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock worth $81,856,000 after purchasing an additional 3,465,123 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC purchased a new stake in LXP Industrial Trust during the third quarter worth approximately $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in LXP Industrial Trust by 468.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock worth $18,435,000 after purchasing an additional 1,695,558 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in LXP Industrial Trust during the fourth quarter worth approximately $79,619,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LXP. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research report on Friday, February 13th. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced 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 research report on Thursday, March 5th. Finally, Wall Street Zen cut shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $51.88.

LXP Industrial Trust Trading Down 0.1%

NYSE LXP opened at $51.47 on Wednesday. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $52.79. The firm has a 50-day moving average price of $49.16 and a 200 day moving average price of $48.84. The stock has a market capitalization of $3.03 billion, a P/E ratio of 34.78 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.

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

LXP Industrial Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

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.