Lsb Industries (NYSE:LXU) CFO Cheryl Maguire Sells 7,551 Shares of Stock

Lsb Industries Inc. (NYSE:LXU) CFO Cheryl Maguire sold 7,551 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total transaction of $75,510.00. Following the completion of the sale, the chief financial officer directly owned 200,719 shares in the company, valued at $2,007,190. This trade represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Cheryl Maguire also recently made the following trade(s):

• On Thursday, January 15th, Cheryl Maguire sold 1,550 shares of Lsb Industries stock. The stock was sold at an average price of $10.00, for a total transaction of $15,500.00.

Lsb Industries Stock Down 3.5%

Shares of Lsb Industries stock traded down $0.35 during trading on Friday, hitting $9.60. 508,974 shares of the stock traded hands, compared to its average volume of 540,925. The company has a current ratio of 2.84, a quick ratio of 2.63 and a debt-to-equity ratio of 0.89. The stock’s fifty day simple moving average is $8.97 and its 200 day simple moving average is $8.52. The firm has a market cap of $690.62 million, a P/E ratio of -960.00 and a beta of 0.75. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $10.04.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. The business had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. On average, equities analysts predict that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. grew its holdings in Lsb Industries by 2,900.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock worth $35,000 after acquiring an additional 4,350 shares during the last quarter. Aquatic Capital Management LLC bought a new position in Lsb Industries during the third quarter worth $42,000. Tower Research Capital LLC TRC grew its holdings in Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 2,856 shares during the period. Quarry LP acquired a new position in Lsb Industries during the 3rd quarter worth approximately $94,000. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of Lsb Industries by 21.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock worth $97,000 after purchasing an additional 2,148 shares in the last quarter. Institutional investors and hedge funds own 73.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Lsb Industries in a report on Monday, December 29th. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. UBS Group restated a “neutral” rating and set a $9.75 target price (up from $9.50) on shares of Lsb Industries in a research report on Monday. Royal Bank Of Canada upped their price target on Lsb Industries from $9.00 to $10.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. Finally, Zacks Research upgraded Lsb Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $9.92.

About Lsb Industries

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.