33,400 Shares in LXP Industrial Trust $LXP Acquired by Pensionfund PDN

Pensionfund PDN purchased a new stake in LXP Industrial Trust (NYSE:LXP) during the 4th quarter, HoldingsChannel reports. The fund purchased 33,400 shares of the real estate investment trust’s stock, valued at approximately $1,656,000.

Other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of LXP Industrial Trust during the third quarter valued at $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of LXP Industrial Trust by 101.7% in 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. increased its position in shares of LXP Industrial Trust by 82.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares in the last quarter. Allworth Financial LP increased its position in shares of LXP Industrial Trust by 5.9% during the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 332 shares in the last quarter. Finally, Corient Private Wealth LLC bought a new position in LXP Industrial Trust during the 2nd quarter valued at about $90,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Up 0.9%

Shares of NYSE LXP opened at $46.97 on Tuesday. The firm’s 50-day simple moving average is $49.07 and its 200 day simple moving average is $47.93. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 25.95 and a beta of 1.09. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 12-month low of $34.25 and a 12-month high of $52.52.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The company had revenue of $86.74 million for the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The firm’s revenue was down 14.0% compared to the same quarter last year. During the same period 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. On average, research analysts expect that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio is 30.94%.

Analyst Ratings Changes

A number of research firms have commented on LXP. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research report on Friday, February 13th. Weiss Ratings lowered shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. JPMorgan Chase & Co. cut their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. KeyCorp downgraded LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. Finally, Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $51.50.

About LXP Industrial Trust

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.