Pacer Advisors Inc. Cuts Holdings in LXP Industrial Trust $LXP

Pacer Advisors Inc. reduced its position in shares of LXP Industrial Trust (NYSE:LXP) by 81.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,674 shares of the real estate investment trust’s stock after selling 125,738 shares during the quarter. Pacer Advisors Inc.’s holdings in LXP Industrial Trust were worth $1,422,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of LXP Industrial Trust in the third quarter valued at about $26,000. EverSource Wealth Advisors LLC raised its position in shares of LXP Industrial Trust by 101.7% during 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. lifted its stake in LXP Industrial Trust by 82.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,632 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in LXP Industrial Trust in the 4th quarter valued at about $34,000. Finally, Allworth Financial LP boosted its holdings in LXP Industrial Trust by 5.9% in the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 332 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust Price Performance

LXP Industrial Trust stock opened at $51.38 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $52.79. The firm has a market cap of $3.03 billion, a PE ratio of 34.72 and a beta of 1.06. The company’s 50 day moving average is $49.00 and its two-hundred day moving average is $48.77.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. The company had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 3.31 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 5.4%. LXP Industrial Trust’s payout ratio is currently 189.19%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on LXP. JPMorgan Chase & Co. dropped 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 report on Thursday, March 5th. Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company 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.