Lasalle Investment Management Securities LLC Increases Stock Position in LXP Industrial Trust $LXP

Lasalle Investment Management Securities LLC raised its position in LXP Industrial Trust (NYSE:LXP) by 6.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,756,056 shares of the real estate investment trust’s stock after acquiring an additional 578,169 shares during the quarter. LXP Industrial Trust makes up 3.4% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 13th largest position. Lasalle Investment Management Securities LLC owned 3.30% of LXP Industrial Trust worth $87,414,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in shares of LXP Industrial Trust by 101.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. raised its position in LXP Industrial Trust by 82.0% during 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. Pettyjohn Wood & White Inc. purchased a new stake in LXP Industrial Trust in the 2nd quarter worth approximately $84,000. CWM LLC grew its position in shares of LXP Industrial Trust by 30.3% in the 2nd quarter. CWM LLC now owns 10,519 shares of the real estate investment trust’s stock worth $87,000 after buying an additional 2,443 shares during the last quarter. Finally, Corient Private Wealth LLC bought a new stake in shares of LXP Industrial Trust in the 2nd quarter worth approximately $90,000. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Stock Down 0.9%

Shares of LXP Industrial Trust stock opened at $49.55 on Friday. LXP Industrial Trust has a 1 year low of $34.25 and a 1 year high of $52.52. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 27.37 and a beta of 1.10. The company has a 50-day moving average of $49.81 and a 200 day moving average of $47.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. During the same quarter last year, the company posted $0.16 EPS. LXP Industrial Trust’s revenue for the quarter was down 14.0% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, sell-side analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LXP. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. KeyCorp downgraded shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Weiss Ratings cut shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research note on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, LXP Industrial Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.13.

LXP Industrial Trust 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.