Vanderbilt University Purchases Shares of 15,351 LXP Industrial Trust $LXP

Vanderbilt University purchased a new stake in LXP Industrial Trust (NYSE:LXP) during the first quarter, Holdings Channel reports. The firm purchased 15,351 shares of the real estate investment trust’s stock, valued at approximately $710,000.

A number of other institutional investors have also modified their holdings of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in LXP Industrial Trust by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock valued at $1,496,000 after acquiring an additional 7,577 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in LXP Industrial Trust in the first quarter worth $129,000. Goldman Sachs Group Inc. grew its holdings in LXP Industrial Trust by 14.1% in the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock worth $32,159,000 after purchasing an additional 458,195 shares during the last quarter. United Services Automobile Association purchased a new position in LXP Industrial Trust in the first quarter worth $158,000. Finally, Jane Street Group LLC increased its position in shares of LXP Industrial Trust by 6,092.1% during the first quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock worth $8,201,000 after purchasing an additional 932,822 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Trading Down 0.8%

NYSE LXP opened at $53.83 on Thursday. The company has a fifty day simple moving average of $51.82 and a two-hundred day simple moving average of $50.01. The stock has a market cap of $3.17 billion, a P/E ratio of 36.37 and a beta of 1.05. LXP Industrial Trust has a 12-month low of $38.20 and a 12-month high of $54.71. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18.

LXP Industrial Trust (NYSE:LXP) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The business had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, analysts forecast that LXP Industrial Trust will post 3.35 earnings per share for the current year.

LXP Industrial Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 5.2%. LXP Industrial Trust’s payout ratio is currently 189.19%.

Wall Street Analysts Forecast Growth

LXP has been the subject of several analyst reports. Weiss Ratings upgraded LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Raymond James Financial assumed coverage on LXP Industrial Trust in a report on Wednesday, June 17th. They issued a “market perform” rating for the company. Finally, Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a research note on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $52.62.

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.