LXP Industrial Trust $LXP Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its stake in shares of LXP Industrial Trust (NYSE:LXP) by 80.2% in the 4th quarter, HoldingsChannel reports. The firm owned 33,578 shares of the real estate investment trust’s stock after selling 136,411 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in LXP Industrial Trust were worth $1,665,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Balyasny Asset Management L.P. boosted its position in shares of LXP Industrial Trust by 269.0% during the 2nd 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 acquiring an additional 4,688,972 shares in the last quarter. Aew Capital Management L P boosted its position in shares of LXP Industrial Trust by 61.1% during the 3rd 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 acquiring an additional 3,465,123 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC acquired a new position in shares of LXP Industrial Trust during the 3rd quarter worth about $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of LXP Industrial Trust by 468.5% during the 3rd 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 acquiring an additional 1,695,558 shares in the last quarter. Finally, M&T Bank Corp acquired a new position in shares of LXP Industrial Trust during the 4th quarter worth about $79,619,000. 93.52% of the stock is owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Up 0.9%

LXP Industrial Trust stock opened at $52.14 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $3.07 billion, a P/E ratio of 35.23 and a beta of 1.05. The stock has a 50-day simple moving average of $50.30 and a 200-day simple moving average of $49.50.

LXP Industrial Trust (NYSE:LXP) last posted its earnings results 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 business had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. During the same period in the previous year, the business earned $0.16 EPS. The business’s quarterly 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. Equities research analysts expect that LXP Industrial Trust will post 3.33 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend 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 currently 189.19%.

Analysts Set New Price Targets

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

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.