Kestra Investment Management LLC Decreases Stock Position in LXP Industrial Trust $LXP

Kestra Investment Management LLC lowered its stake in LXP Industrial Trust (NYSE:LXP) by 80.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,626 shares of the real estate investment trust’s stock after selling 39,267 shares during the period. Kestra Investment Management LLC’s holdings in LXP Industrial Trust were worth $477,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Lasalle Investment Management Securities LLC increased its holdings in LXP Industrial Trust by 6.3% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust’s stock valued at $87,414,000 after purchasing an additional 578,169 shares during the period. Aew Capital Management L P increased its holdings in LXP Industrial Trust by 61.1% during the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after purchasing an additional 3,465,123 shares during the period. Balyasny Asset Management L.P. increased its holdings in LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after purchasing an additional 4,688,972 shares during the period. Dimensional Fund Advisors LP increased its holdings in LXP Industrial Trust by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock valued at $38,633,000 after purchasing an additional 145,951 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in LXP Industrial Trust by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock valued at $32,159,000 after purchasing an additional 458,195 shares during the period. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Wall Street Analyst Weigh In

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

LXP Industrial Trust Stock Performance

Shares of LXP opened at $52.67 on Thursday. The business’s 50 day moving average price is $49.76 and its 200-day moving average price is $49.03. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.10 billion, a P/E ratio of 35.59 and a beta of 1.06. LXP Industrial Trust has a 52 week low of $38.20 and a 52 week high of $53.16.

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. The firm had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.LXP Industrial Trust’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities research analysts anticipate that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal 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 $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is currently 189.19%.

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.