LXP Industrial Trust $LXP Shares Sold by Versor Investments LP

Versor Investments LP decreased its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 56.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,559 shares of the real estate investment trust’s stock after selling 31,741 shares during the period. Versor Investments LP’s holdings in LXP Industrial Trust were worth $1,218,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in LXP. Caitong International Asset Management Co. Ltd acquired a new stake in shares of LXP Industrial Trust during the third quarter worth about $26,000. EverSource Wealth Advisors LLC boosted its stake in shares of LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,755 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,632 shares during the period. EQ Wealth Advisors LLC acquired a new stake in shares of LXP Industrial Trust during the fourth quarter worth about $34,000. Finally, Allworth Financial LP lifted its position in LXP Industrial Trust by 5.9% in the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.

LXP Industrial Trust Price Performance

Shares of LXP opened at $51.76 on Tuesday. The stock’s 50 day moving average is $48.85 and its two-hundred day moving average is $48.68. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $52.79. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $3.05 billion, a PE ratio of 34.97 and a beta of 1.06.

LXP Industrial Trust (NYSE:LXP) last posted its quarterly 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 company had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. During the same period last year, the firm earned $0.16 EPS. The company’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. Research analysts anticipate that LXP Industrial Trust will post 3.31 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $51.88.

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.