Lsb Industries (NYSE:LXU) SVP Kristy Carver Sells 9,554 Shares

Lsb Industries Inc. (NYSE:LXU) SVP Kristy Carver sold 9,554 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $12.38, for a total transaction of $118,278.52. Following the completion of the transaction, the senior vice president owned 47,452 shares of the company’s stock, valued at $587,455.76. This trade represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lsb Industries Price Performance

Shares of Lsb Industries stock traded down $0.23 on Tuesday, hitting $11.95. The company had a trading volume of 972,324 shares, compared to its average volume of 1,220,908. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.07 and a quick ratio of 2.85. The business has a 50-day simple moving average of $14.09 and a 200-day simple moving average of $11.64. Lsb Industries Inc. has a 52 week low of $7.09 and a 52 week high of $17.22. The company has a market cap of $859.38 million, a PE ratio of 18.96 and a beta of 0.31.

Lsb Industries (NYSE:LXU) last released its earnings results on Wednesday, April 29th. The conglomerate reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.14. Lsb Industries had a net margin of 7.16% and a return on equity of 8.91%. The business had revenue of $169.49 million for the quarter, compared to the consensus estimate of $166.19 million. Research analysts expect that Lsb Industries Inc. will post 0.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in Lsb Industries by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,431,936 shares of the conglomerate’s stock valued at $36,241,000 after purchasing an additional 57,999 shares in the last quarter. Gendell Jeffrey L grew its position in Lsb Industries by 3.7% during the fourth quarter. Gendell Jeffrey L now owns 2,134,130 shares of the conglomerate’s stock valued at $18,140,000 after purchasing an additional 75,323 shares in the last quarter. American Century Companies Inc. grew its position in Lsb Industries by 5.8% during the third quarter. American Century Companies Inc. now owns 1,990,812 shares of the conglomerate’s stock valued at $15,688,000 after purchasing an additional 109,944 shares in the last quarter. Renaissance Technologies LLC grew its position in Lsb Industries by 2.7% during the first quarter. Renaissance Technologies LLC now owns 1,792,506 shares of the conglomerate’s stock valued at $26,708,000 after purchasing an additional 46,613 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Lsb Industries by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 1,280,864 shares of the conglomerate’s stock valued at $10,890,000 after purchasing an additional 14,125 shares in the last quarter. 73.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on LXU shares. Weiss Ratings upgraded shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. Jefferies Financial Group boosted their price target on shares of Lsb Industries from $11.00 to $15.00 and gave the company a “hold” rating in a report on Thursday, March 12th. Wall Street Zen lowered shares of Lsb Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday. UBS Group set a $16.00 price target on shares of Lsb Industries and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $15.00 price target (up from $14.00) on shares of Lsb Industries in a report on Monday, May 11th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, Lsb Industries presently has an average rating of “Hold” and a consensus price target of $15.33.

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.