Lsb Industries (NYSE:LXU) SVP Kristy Carver Sells 19,550 Shares of Stock

Lsb Industries Inc. (NYSE:LXU) SVP Kristy Carver sold 19,550 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $9.99, for a total value of $195,304.50. Following the completion of the sale, the senior vice president directly owned 52,613 shares in the company, valued at approximately $525,603.87. The trade was a 27.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Lsb Industries Trading Down 3.5%

Shares of LXU traded down $0.35 during midday trading on Friday, hitting $9.60. 497,997 shares of the stock were exchanged, compared to its average volume of 539,927. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $10.04. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.63 and a current ratio of 2.84. The stock has a fifty day simple moving average of $8.97 and a 200 day simple moving average of $8.52. The firm has a market cap of $690.62 million, a P/E ratio of -960.00 and a beta of 0.75.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%.The firm had revenue of $155.43 million for the quarter, compared to analyst estimates of $138.30 million. On average, research analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current fiscal year.

Institutional Trading of Lsb Industries

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. boosted its position in shares of Lsb Industries by 5.8% during the 3rd quarter. American Century Companies Inc. now owns 1,990,812 shares of the conglomerate’s stock worth $15,688,000 after acquiring an additional 109,944 shares in the last quarter. Systematic Financial Management LP lifted its stake in Lsb Industries by 1.8% during the second quarter. Systematic Financial Management LP now owns 1,817,498 shares of the conglomerate’s stock worth $14,176,000 after purchasing an additional 32,373 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Lsb Industries by 1.1% in the second quarter. Geode Capital Management LLC now owns 1,261,020 shares of the conglomerate’s stock valued at $9,838,000 after purchasing an additional 14,313 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in Lsb Industries by 6.0% in the third quarter. Bridgeway Capital Management LLC now owns 495,270 shares of the conglomerate’s stock valued at $3,903,000 after purchasing an additional 28,157 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Lsb Industries by 104.8% in the third quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate’s stock valued at $2,881,000 after purchasing an additional 187,108 shares during the last quarter. 73.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LXU shares. UBS Group reaffirmed a “neutral” rating and set a $9.75 target price (up from $9.50) on shares of Lsb Industries in a research note on Monday. Royal Bank Of Canada upped their price objective on Lsb Industries from $9.00 to $10.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a report on Monday, December 29th. Wall Street Zen raised Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Zacks Research upgraded Lsb Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lsb Industries presently has an average rating of “Moderate Buy” and a consensus target price of $9.92.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.