LXP Industrial Trust $LXP Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC lifted its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 36.5% during the third quarter, HoldingsChannel.com reports. The fund owned 66,690 shares of the real estate investment trust’s stock after purchasing an additional 17,819 shares during the quarter. Metis Global Partners LLC’s holdings in LXP Industrial Trust were worth $598,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of LXP. EverSource Wealth Advisors LLC grew its position in LXP Industrial Trust by 101.7% during the 2nd 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 holdings in shares of LXP Industrial Trust by 82.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,632 shares during the last quarter. Pettyjohn Wood & White Inc. acquired a new stake in shares of LXP Industrial Trust during the second quarter worth about $84,000. CWM LLC grew its holdings in shares of LXP Industrial Trust by 30.3% during the second 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 purchased a new position in shares of LXP Industrial Trust during the second quarter worth about $90,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Trading Up 1.4%

Shares of LXP Industrial Trust stock opened at $48.35 on Wednesday. The company has a 50-day moving average of $50.03 and a two-hundred day moving average of $46.99. LXP Industrial Trust has a 12-month low of $44.17 and a 12-month high of $97.90. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.86 billion, a PE ratio of 26.71 and a beta of 1.10.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $86.74 million for the quarter, compared to analysts’ expectations of $86.05 million. During the same period last year, the firm earned $0.16 EPS. LXP Industrial Trust’s revenue 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. On average, research analysts anticipate that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday. Weiss Ratings cut LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Citizens Jmp set a $57.50 price objective on shares of LXP Industrial Trust and gave the stock a “market outperform” rating in a research report on Tuesday, October 28th. Finally, Evercore set a $51.00 target price on shares of LXP Industrial Trust in a report on Friday. 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, LXP Industrial Trust currently has an average 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.