LXP Industrial Trust $LXP Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC decreased its stake in shares of LXP Industrial Trust (NYSE:LXP) by 81.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 604,164 shares of the real estate investment trust’s stock after selling 2,734,385 shares during the period. William Blair Investment Management LLC owned 1.02% of LXP Industrial Trust worth $29,954,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in LXP Industrial Trust by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock worth $1,496,000 after purchasing an additional 7,577 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in LXP Industrial Trust during the first quarter worth approximately $129,000. Goldman Sachs Group Inc. increased its position in LXP Industrial Trust by 14.1% during the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock worth $32,159,000 after purchasing an additional 458,195 shares during the last quarter. United Services Automobile Association purchased a new stake in LXP Industrial Trust during the first quarter worth approximately $158,000. Finally, Jane Street Group LLC grew its stake in LXP Industrial Trust by 6,092.1% during the first quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock worth $8,201,000 after buying an additional 932,822 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.

LXP Industrial Trust Trading Up 0.1%

NYSE LXP opened at $52.32 on Monday. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $52.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 35.35 and a beta of 1.06. The company’s fifty day moving average price is $49.44 and its two-hundred day moving average price is $48.93.

LXP Industrial Trust (NYSE:LXP) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The company had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The firm’s revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, research analysts predict that LXP Industrial Trust will post 3.31 earnings per share 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. Investors of record on Tuesday, March 31st were given a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 5.4%. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Analyst Upgrades and Downgrades

LXP has been the subject of several research reports. JPMorgan Chase & Co. decreased their price objective 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. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $51.88.

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.