Natixis Advisors LLC Sells 373,417 Shares of LXP Industrial Trust $LXP

Natixis Advisors LLC reduced its stake in shares of LXP Industrial Trust (NYSE:LXP) by 79.7% during the 4th quarter, HoldingsChannel reports. The fund owned 94,863 shares of the real estate investment trust’s stock after selling 373,417 shares during the period. Natixis Advisors LLC’s holdings in LXP Industrial Trust were worth $4,703,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in LXP Industrial Trust during the third quarter worth approximately $26,000. EverSource Wealth Advisors LLC increased its stake in 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 during the last quarter. Geneos Wealth Management Inc. increased its stake in 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 during the last quarter. EQ Wealth Advisors LLC bought a new stake in LXP Industrial Trust during the fourth quarter worth approximately $34,000. Finally, IFP Advisors Inc increased its stake in 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 during the last quarter. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Stock Down 1.2%

Shares of NYSE:LXP opened at $51.59 on Tuesday. LXP Industrial Trust has a 1 year low of $38.20 and a 1 year high of $53.16. The business has a 50 day simple moving average of $50.40 and a two-hundred day simple moving average of $49.56. The firm has a market capitalization of $3.04 billion, a PE ratio of 34.86 and a beta of 1.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) 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 analyst estimates of $81.47 million. During the same quarter in the previous year, the business earned $0.16 earnings per share. The company’s revenue for the quarter 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, equities analysts predict that LXP Industrial Trust will post 3.33 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. LXP Industrial Trust’s payout ratio is presently 189.19%.

Analysts Set New Price Targets

Several brokerages have weighed in on LXP. Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on 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. Evercore set a $54.00 target price on LXP Industrial Trust in a research report on Monday. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $52.63.

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.