Louisiana State Employees Retirement System Purchases New Position in LXP Industrial Trust $LXP

Louisiana State Employees Retirement System purchased a new stake in shares of LXP Industrial Trust (NYSE:LXP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 26,200 shares of the real estate investment trust’s stock, valued at approximately $1,212,000.

Several other institutional investors have also added to or reduced their stakes in LXP. Vanderbilt University purchased a new stake in shares of LXP Industrial Trust during the 1st quarter worth approximately $710,000. SG Americas Securities LLC boosted its position in shares of LXP Industrial Trust by 30.0% during the 1st quarter. SG Americas Securities LLC now owns 33,704 shares of the real estate investment trust’s stock valued at $1,559,000 after acquiring an additional 7,771 shares during the last quarter. Odyssean LLC purchased a new position in shares of LXP Industrial Trust in the fourth quarter valued at $346,000. Freestone Grove Partners LP purchased a new position in shares of LXP Industrial Trust in the fourth quarter valued at $498,000. Finally, Abel Hall LLC bought a new stake in LXP Industrial Trust in the fourth quarter worth $307,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LXP. KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. Raymond James Financial assumed coverage on shares of LXP Industrial Trust in a research report on Wednesday, June 17th. They set a “market perform” rating on the stock. Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Weiss Ratings raised shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $52.62.

LXP Industrial Trust Trading Down 0.1%

LXP stock opened at $55.50 on Friday. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $55.62. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 37.50 and a beta of 1.04. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. The firm’s fifty day simple moving average is $52.41 and its two-hundred day simple moving average is $50.29.

LXP Industrial Trust (NYSE:LXP) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The firm had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. During the same quarter last year, the business earned $0.16 EPS. The business’s revenue 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. As a group, analysts anticipate that LXP Industrial Trust will post 3.34 earnings per share for the current year.

LXP Industrial Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 5.0%. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

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.