Centersquare Investment Management LLC Has $3.22 Million Stock Holdings in LXP Industrial Trust $LXP

Centersquare Investment Management LLC trimmed its position in shares of LXP Industrial Trust (NYSE:LXP) by 83.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,960 shares of the real estate investment trust’s stock after selling 339,445 shares during the period. Centersquare Investment Management LLC’s holdings in LXP Industrial Trust were worth $3,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of LXP Industrial Trust during the third quarter worth $26,000. EverSource Wealth Advisors LLC raised its holdings in shares of LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,632 shares in the last quarter. EQ Wealth Advisors LLC purchased a new stake in shares of LXP Industrial Trust during the fourth quarter worth $34,000. Finally, IFP Advisors Inc raised its holdings in shares of LXP Industrial Trust by 63.8% during the fourth quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 326 shares in the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.

LXP Industrial Trust Price Performance

NYSE LXP opened at $52.60 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.48. The stock’s 50-day moving average is $50.78 and its two-hundred day moving average is $49.69. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market cap of $3.10 billion, a P/E ratio of 35.54 and a beta of 1.05.

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 company had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. During the same period last year, the company earned $0.16 earnings per share. The business’s revenue 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. On average, analysts anticipate that LXP Industrial Trust will post 3.33 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently announced 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. This represents a $2.80 annualized dividend and a yield of 5.3%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is 189.19%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LXP. Citigroup reiterated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. cut their price objective 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 equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $52.63.

About LXP Industrial Trust

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.