Cbre Investment Management Listed Real Assets LLC Invests $15.51 Million in LXP Industrial Trust $LXP

Cbre Investment Management Listed Real Assets LLC purchased a new stake in shares of LXP Industrial Trust (NYSE:LXP) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 1,730,817 shares of the real estate investment trust’s stock, valued at approximately $15,508,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. UBS Group AG grew its holdings in LXP Industrial Trust by 59.2% during the 3rd quarter. UBS Group AG now owns 2,452,515 shares of the real estate investment trust’s stock worth $21,975,000 after acquiring an additional 911,566 shares in the last quarter. Franklin Resources Inc. increased its position in LXP Industrial Trust by 6.2% during the 3rd quarter. Franklin Resources Inc. now owns 143,520 shares of the real estate investment trust’s stock valued at $1,286,000 after purchasing an additional 8,402 shares during the period. Van ECK Associates Corp raised its holdings in shares of LXP Industrial Trust by 10.8% in the 3rd quarter. Van ECK Associates Corp now owns 70,956 shares of the real estate investment trust’s stock valued at $636,000 after purchasing an additional 6,926 shares in the last quarter. Swiss National Bank raised its holdings in shares of LXP Industrial Trust by 1.5% in the 3rd quarter. Swiss National Bank now owns 573,500 shares of the real estate investment trust’s stock valued at $5,139,000 after purchasing an additional 8,500 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of LXP Industrial Trust by 13.2% in the 3rd quarter. Natixis Advisors LLC now owns 468,280 shares of the real estate investment trust’s stock worth $4,196,000 after purchasing an additional 54,683 shares during the period. 93.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. KeyCorp downgraded shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Weiss Ratings cut LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Evercore set a $51.00 price target on LXP Industrial Trust in a report on Friday, February 13th. Finally, Citigroup reissued 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $51.50.

LXP Industrial Trust Trading Down 0.2%

LXP Industrial Trust stock opened at $47.46 on Thursday. The stock has a 50-day moving average of $49.46 and a two-hundred day moving average of $47.76. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24. LXP Industrial Trust has a one year low of $34.25 and a one year high of $52.52. The stock has a market cap of $2.80 billion, a PE ratio of 26.22 and a beta of 1.09.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business had revenue of $86.74 million for the quarter, compared to analysts’ expectations of $86.05 million. During the same quarter in the previous year, the firm posted $0.16 EPS. LXP Industrial Trust’s revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, research analysts anticipate that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

LXP Industrial Trust Company 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.