GSA Capital Partners LLP Sells 35,688 Shares of LXP Industrial Trust $LXP

GSA Capital Partners LLP reduced its position in LXP Industrial Trust (NYSE:LXP) by 55.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,229 shares of the real estate investment trust’s stock after selling 35,688 shares during the quarter. GSA Capital Partners LLP’s holdings in LXP Industrial Trust were worth $1,449,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of LXP. Caitong International Asset Management Co. Ltd bought a new stake in shares of LXP Industrial Trust in the 3rd quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its stake in shares of 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 during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of 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 during the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of LXP Industrial Trust in the 4th quarter valued at $34,000. Finally, Allworth Financial LP boosted its stake in shares of LXP Industrial Trust by 5.9% in the 3rd 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. 93.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on LXP. JPMorgan Chase & Co. reduced their price objective 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. Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research note on Friday, February 13th. Finally, Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust presently has a consensus rating of “Hold” and a consensus target price of $51.88.

LXP Industrial Trust Stock Performance

LXP opened at $52.26 on Thursday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average price is $49.25 and its two-hundred day moving average price is $48.87. LXP Industrial Trust has a 1-year low of $38.20 and a 1-year high of $52.79. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 35.31 and a beta of 1.06.

LXP Industrial Trust (NYSE:LXP) last released 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 net margin of 27.05% and a return on equity of 4.80%. The firm had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The business’s revenue 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. On average, analysts expect that LXP Industrial Trust will post 3.31 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued 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 dividend payout ratio 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.