Schwab Charles Investment Management Inc. increased its stake in shares of Lsb Industries Inc. (NYSE:LXU) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,384 shares of the conglomerate’s stock after purchasing an additional 456 shares during the period. Schwab Charles Investment Management Inc. owned 0.24% of Lsb Industries worth $707,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Texas Permanent School Fund raised its position in shares of Lsb Industries by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 14,932 shares of the conglomerate’s stock worth $154,000 after purchasing an additional 124 shares during the last quarter. Arizona State Retirement System raised its position in shares of Lsb Industries by 2.9% during the 1st quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock worth $100,000 after purchasing an additional 300 shares during the last quarter. Thrivent Financial For Lutherans raised its position in shares of Lsb Industries by 6.4% during the 1st quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock worth $108,000 after purchasing an additional 690 shares during the last quarter. Prudential Financial Inc. raised its position in shares of Lsb Industries by 2.0% during the 1st quarter. Prudential Financial Inc. now owns 34,978 shares of the conglomerate’s stock worth $328,000 after purchasing an additional 700 shares during the last quarter. Finally, Comerica Bank raised its position in shares of Lsb Industries by 5.1% during the 1st quarter. Comerica Bank now owns 22,464 shares of the conglomerate’s stock worth $224,000 after purchasing an additional 1,090 shares during the last quarter. Hedge funds and other institutional investors own 67.46% of the company’s stock.

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Separately, ValuEngine cut shares of Lsb Industries from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st.

Lsb Industries (NYSE:LXU) last issued its quarterly earnings results on Monday, October 30th. The conglomerate reported ($0.91) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.03) by $0.12. The business had revenue of $92.40 million during the quarter, compared to the consensus estimate of $100.49 million. Lsb Industries had a negative net margin of 12.19% and a negative return on equity of 13.12%. The firm’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($2.12) EPS.

About Lsb Industries

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

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Institutional Ownership by Quarter for Lsb Industries (NYSE:LXU)

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