Lsb Industries Inc. $LXU is Robotti Robert’s 4th Largest Position

Robotti Robert cut its stake in shares of Lsb Industries Inc. (NYSE:LXU) by 0.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,266,802 shares of the conglomerate’s stock after selling 12,950 shares during the quarter. Lsb Industries makes up approximately 6.3% of Robotti Robert’s portfolio, making the stock its 4th biggest position. Robotti Robert owned 0.06% of Lsb Industries worth $33,281,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LXU. Quantbot Technologies LP purchased a new position in Lsb Industries in the first quarter worth approximately $29,000. Aigen Investment Management LP purchased a new stake in shares of Lsb Industries in the 1st quarter valued at approximately $69,000. EP Wealth Advisors LLC increased its position in shares of Lsb Industries by 42.6% in the 1st quarter. EP Wealth Advisors LLC now owns 15,727 shares of the conglomerate’s stock valued at $104,000 after purchasing an additional 4,702 shares during the last quarter. Humankind Investments LLC raised its holdings in shares of Lsb Industries by 12.1% in the 1st quarter. Humankind Investments LLC now owns 16,372 shares of the conglomerate’s stock valued at $108,000 after purchasing an additional 1,769 shares in the last quarter. Finally, First Bank & Trust purchased a new stake in shares of Lsb Industries during the 2nd quarter worth $112,000. Institutional investors and hedge funds own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LXU shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research note on Tuesday, November 25th. Royal Bank Of Canada lifted their price target on Lsb Industries from $9.00 to $10.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. Wall Street Zen raised Lsb Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, UBS Group reiterated a “neutral” rating and issued a $9.50 price objective (up previously from $9.25) on shares of Lsb Industries in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Lsb Industries presently has an average rating of “Hold” and an average price target of $9.83.

Lsb Industries Price Performance

Shares of NYSE:LXU opened at $9.15 on Tuesday. Lsb Industries Inc. has a 12 month low of $4.88 and a 12 month high of $9.98. The firm has a market capitalization of $657.93 million, a P/E ratio of -914.50 and a beta of 0.81. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.64 and a quick ratio of 2.39. The company’s fifty day moving average price is $8.75 and its 200 day moving average price is $8.27.

Lsb Industries (NYSE:LXU) last issued its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. Lsb Industries had a positive return on equity of 2.72% and a negative net margin of 0.11%.The company had revenue of $155.43 million for the quarter, compared to analyst estimates of $138.30 million. As a group, sell-side analysts predict that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Lsb Industries Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.