Lexington Realty Trust (NYSE:LXP)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $10.94 and last traded at $10.72, with a volume of 492,014 shares trading hands. The stock had previously closed at $10.86.

Several equities analysts have recently commented on LXP shares. Jefferies Group downgraded Lexington Realty Trust from a “buy” rating to a “hold” rating and set a $11.00 target price on the stock. in a research report on Tuesday, July 19th. Ladenburg Thalmann downgraded Lexington Realty Trust from a “buy” rating to a “neutral” rating in a research report on Thursday, May 19th. Zacks Investment Research downgraded Lexington Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 26th. Evercore ISI downgraded Lexington Realty Trust from a “buy” rating to a “hold” rating and upped their target price for the company from $9.75 to $10.00 in a research report on Monday, June 13th. Finally, Wells Fargo & Co. reaffirmed a “hold” rating on shares of Lexington Realty Trust in a research report on Thursday, May 5th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $10.00.

The stock’s 50 day moving average is $10.37 and its 200 day moving average is $8.99. The company has a market capitalization of $2.52 billion and a price-to-earnings ratio of 20.60.

Lexington Realty Trust (NYSE:LXP) last announced its quarterly earnings results on Tuesday, August 9th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.02. The business earned $109.60 million during the quarter, compared to the consensus estimate of $103.72 million. During the same period in the previous year, the business posted $0.27 EPS. Lexington Realty Trust’s revenue was down .6% compared to the same quarter last year. On average, equities analysts predict that Lexington Realty Trust will post $1.08 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $0.68 annualized dividend and a dividend yield of 6.26%.

In other Lexington Realty Trust news, Vice Chairman Richard J. Rouse sold 10,000 shares of Lexington Realty Trust stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of $9.18, for a total transaction of $91,800.00. Following the transaction, the insider now owns 600,148 shares of the company’s stock, valued at approximately $5,509,358.64. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO T Wilson Eglin sold 50,000 shares of Lexington Realty Trust stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of $9.78, for a total transaction of $489,000.00. Following the transaction, the chief executive officer now directly owns 2,155,854 shares in the company, valued at approximately $21,084,252.12. The disclosure for this sale can be found here.

Other institutional investors have recently bought and sold shares of the company. Nationwide Fund Advisors boosted its position in Lexington Realty Trust by 1.1% in the fourth quarter. Nationwide Fund Advisors now owns 174,531 shares of the real estate investment trust’s stock valued at $1,396,000 after buying an additional 1,843 shares in the last quarter. Boyer & Corporon Wealth Management LLC boosted its position in Lexington Realty Trust by 47.0% in the fourth quarter. Boyer & Corporon Wealth Management LLC now owns 216,927 shares of the real estate investment trust’s stock valued at $1,736,000 after buying an additional 69,352 shares in the last quarter. Rhumbline Advisers boosted its position in Lexington Realty Trust by 5.1% in the fourth quarter. Rhumbline Advisers now owns 378,029 shares of the real estate investment trust’s stock valued at $3,024,000 after buying an additional 18,365 shares in the last quarter. California Public Employees Retirement System boosted its position in Lexington Realty Trust by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 769,447 shares of the real estate investment trust’s stock valued at $6,156,000 after buying an additional 9,300 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Lexington Realty Trust by 4.1% in the fourth quarter. Principal Financial Group Inc. now owns 1,423,556 shares of the real estate investment trust’s stock valued at $11,388,000 after buying an additional 56,126 shares in the last quarter.

Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area.

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