10,429 LXP Industrial Trust $LXP Shares Purchased by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC boosted its stake in shares of LXP Industrial Trust (NYSE:LXP) by 12.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,084 shares of the real estate investment trust’s stock after buying an additional 10,429 shares during the quarter. Moody Aldrich Partners LLC’s holdings in LXP Industrial Trust were worth $5,549,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LXP. Integrated Wealth Concepts LLC bought a new stake in LXP Industrial Trust during the second quarter valued at $46,000. Farther Finance Advisors LLC grew its stake in shares of LXP Industrial Trust by 141.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,132 shares of the real estate investment trust’s stock worth $69,000 after acquiring an additional 664 shares in the last quarter. Allworth Financial LP purchased a new stake in shares of LXP Industrial Trust during the second quarter valued at approximately $78,000. Summit Securities Group LLC bought a new stake in shares of LXP Industrial Trust during the 1st quarter worth $83,000. Finally, GAMMA Investing LLC boosted its stake in LXP Industrial Trust by 25.7% in the third quarter. GAMMA Investing LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 385 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

Analyst Ratings Changes

LXP has been the topic of a number of research reports. Citizens Jmp cut shares of LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a report on Tuesday, July 21st. BMO Capital Markets initiated coverage on LXP Industrial Trust in a report on Thursday, July 9th. They set an “outperform” rating and a $65.00 price objective for the company. Jefferies Financial Group lowered LXP Industrial Trust from a “buy” rating to a “hold” rating and reduced their price objective for the company from $62.00 to $61.00 in a report on Thursday, August 6th. Weiss Ratings raised LXP Industrial Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, October 12th. Finally, Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Three 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, LXP Industrial Trust currently has an average rating of “Hold” and a consensus target price of $57.40.

LXP Industrial Trust Trading Up 0.0%

Shares of LXP Industrial Trust stock opened at $61.15 on Thursday. The stock has a market capitalization of $3.60 billion, a P/E ratio of 61.15 and a beta of 1.02. LXP Industrial Trust has a 52-week low of $44.17 and a 52-week high of $61.61. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.10 and a current ratio of 0.10. The stock’s 50-day simple moving average is $60.93 and its 200 day simple moving average is $54.36.

LXP Industrial Trust (NYSE:LXP) last issued its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.82. The firm had revenue of $90.78 million during the quarter, compared to analyst estimates of $87.10 million. LXP Industrial Trust had a net margin of 18.66% and a return on equity of 3.37%. As a group, research analysts anticipate that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Profile

LXP Industrial Trust (NYSE:LXP) is a self-managed real estate investment trust focused on owning and managing industrial properties in the United States. The company primarily invests in single-tenant, long-term leased facilities, including distribution centers, logistics properties, and manufacturing buildings.

LXP’s portfolio serves tenants involved in logistics, supply chain management, manufacturing, and other industrial activities. Its properties are located across several U.S. markets, with an emphasis on areas supported by population growth, transportation infrastructure, and expanding industrial demand.