ValuEngine lowered shares of LSB Industries (NYSE:LXU) from a strong-buy rating to a buy rating in a research note issued to investors on Monday, ValuEngine reports.

Separately, Zacks Investment Research raised LSB Industries from a sell rating to a hold rating in a research report on Tuesday, July 30th.

Shares of NYSE:LXU opened at $4.21 on Monday. The company has a quick ratio of 1.75, a current ratio of 1.98 and a debt-to-equity ratio of 1.40. LSB Industries has a twelve month low of $2.81 and a twelve month high of $10.00. The stock’s 50 day moving average is $4.05 and its 200-day moving average is $5.37.

LSB Industries (NYSE:LXU) last issued its earnings results on Monday, July 29th. The conglomerate reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.42. LSB Industries had a negative return on equity of 13.19% and a negative net margin of 11.29%. The company had revenue of $121.53 million for the quarter, compared to analyst estimates of $97.55 million. Equities analysts anticipate that LSB Industries will post -2.29 EPS for the current fiscal year.

In related news, CEO Mark T. Behrman purchased 19,300 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was acquired at an average cost of $5.14 per share, with a total value of $99,202.00. Following the transaction, the chief executive officer now owns 591,384 shares of the company’s stock, valued at approximately $3,039,713.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Roedel purchased 19,720 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was bought at an average cost of $5.26 per share, with a total value of $103,727.20. Following the completion of the transaction, the director now directly owns 28,780 shares in the company, valued at approximately $151,382.80. The disclosure for this purchase can be found here. Corporate insiders own 16.30% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its stake in LSB Industries by 3.2% in the 4th quarter. BlackRock Inc. now owns 2,971,546 shares of the conglomerate’s stock valued at $16,402,000 after purchasing an additional 91,432 shares during the period. Morgan Stanley grew its stake in shares of LSB Industries by 490.5% during the 2nd quarter. Morgan Stanley now owns 101,658 shares of the conglomerate’s stock worth $396,000 after acquiring an additional 84,441 shares during the period. Parametric Portfolio Associates LLC grew its stake in shares of LSB Industries by 56.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 141,905 shares of the conglomerate’s stock worth $553,000 after acquiring an additional 51,051 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of LSB Industries by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,657,844 shares of the conglomerate’s stock worth $9,151,000 after acquiring an additional 46,565 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of LSB Industries by 14.2% during the 2nd quarter. Renaissance Technologies LLC now owns 319,499 shares of the conglomerate’s stock worth $1,246,000 after acquiring an additional 39,800 shares during the period. 70.95% of the stock is owned by institutional investors and hedge funds.

LSB Industries Company Profile

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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