Hsbc Holdings PLC Has $5.08 Million Holdings in LXP Industrial Trust $LXP

Hsbc Holdings PLC cut its position in shares of LXP Industrial Trust (NYSE:LXP) by 76.6% in the fourth quarter, Holdings Channel reports. The firm owned 102,407 shares of the real estate investment trust’s stock after selling 335,493 shares during the period. Hsbc Holdings PLC’s holdings in LXP Industrial Trust were worth $5,079,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of LXP Industrial Trust in the 3rd quarter valued at $15,508,000. Pensionfund Sabic bought a new stake in LXP Industrial Trust in the fourth quarter worth $912,000. Eurizon Capital SGR S.p.A. acquired a new position in LXP Industrial Trust during the fourth quarter worth $1,169,000. Pensionfund PDN acquired a new position in LXP Industrial Trust during the fourth quarter worth $1,656,000. Finally, M&T Bank Corp bought a new position in LXP Industrial Trust during the fourth quarter valued at about $79,619,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on LXP. Wall Street Zen raised LXP Industrial Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. BMO Capital Markets began coverage on LXP Industrial Trust in a report on Thursday. They set an “outperform” rating and a $65.00 price objective on the stock. Weiss Ratings raised LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. Evercore set a $54.00 target price on LXP Industrial Trust in a 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. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $55.10.

LXP Industrial Trust Trading Up 0.2%

LXP Industrial Trust stock opened at $55.03 on Friday. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $56.93. 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 firm has a market capitalization of $3.24 billion, a PE ratio of 37.18 and a beta of 1.04. The business’s 50-day simple moving average is $52.79 and its 200-day simple moving average is $50.44.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The firm had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities research analysts forecast that LXP Industrial Trust will post 3.34 earnings per share for the current year.

LXP Industrial Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.70 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.1%. LXP Industrial Trust’s payout ratio is 189.19%.

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.