FJ Capital Management LLC Decreases Stock Holdings in LXP Industrial Trust $LXP

FJ Capital Management LLC trimmed its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 78.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,499 shares of the real estate investment trust’s stock after selling 311,030 shares during the period. FJ Capital Management LLC owned 0.14% of LXP Industrial Trust worth $4,140,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Xponance Inc. boosted its holdings in shares of LXP Industrial Trust by 0.9% in the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after buying an additional 216 shares during the period. IFP Advisors Inc grew its stake in shares of LXP Industrial Trust by 63.8% in 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. Allworth Financial LP raised its holdings in LXP Industrial Trust by 5.9% in the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 332 shares in the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of LXP Industrial Trust in the fourth quarter valued at $34,000. Finally, Choreo LLC boosted its stake in LXP Industrial Trust by 3.0% during the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after buying an additional 854 shares in the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.

LXP Industrial Trust Stock Performance

NYSE LXP opened at $53.11 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.63. The firm’s fifty day moving average price is $50.92 and its two-hundred day moving average price is $49.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The stock has a market cap of $3.13 billion, a PE ratio of 35.89 and a beta of 1.05.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. During the same quarter in the previous year, the firm posted $0.16 earnings per share. LXP Industrial Trust’s revenue for the quarter was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts expect that LXP Industrial Trust will post 3.33 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.3%. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LXP. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. decreased their price target on shares of 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. Weiss Ratings downgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Evercore set a $54.00 price objective on LXP Industrial Trust in a research report on Monday, June 8th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of LXP Industrial Trust in a research report on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust has a consensus rating of “Hold” and a consensus target price of $52.63.

LXP Industrial Trust Company 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.