LXP Industrial Trust $LXP Shares Sold by Lasalle Investment Management Securities LLC

Lasalle Investment Management Securities LLC cut its stake in shares of LXP Industrial Trust (NYSE:LXP) by 82.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,710,791 shares of the real estate investment trust’s stock after selling 8,045,265 shares during the quarter. LXP Industrial Trust accounts for approximately 3.4% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 12th biggest position. Lasalle Investment Management Securities LLC owned approximately 2.89% of LXP Industrial Trust worth $84,821,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Allianz Asset Management GmbH lifted its holdings in shares of LXP Industrial Trust by 144.9% during the third quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock worth $9,032,000 after purchasing an additional 596,457 shares during the period. AE Wealth Management LLC lifted its holdings in LXP Industrial Trust by 8.1% in the third quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust’s stock valued at $2,603,000 after acquiring an additional 21,826 shares during the period. Cbre Investment Management Listed Real Assets LLC acquired a new stake in LXP Industrial Trust in the third quarter valued at $15,508,000. Aew Capital Management L P lifted its holdings in LXP Industrial Trust by 61.1% in the third 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 acquiring an additional 3,465,123 shares during the period. Finally, Versor Investments LP lifted its holdings in LXP Industrial Trust by 90.8% in the third quarter. Versor Investments LP now owns 56,300 shares of the real estate investment trust’s stock valued at $504,000 after acquiring an additional 26,800 shares during the period. 93.52% of the stock is owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Up 0.1%

LXP opened at $51.71 on Monday. 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 stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 34.94 and a beta of 1.05. The business has a 50-day moving average of $49.90 and a two-hundred day moving average of $49.36. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month 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 EPS for the quarter. The company had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The firm’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, research analysts expect that LXP Industrial Trust will post 3.31 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued 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 payout ratio is 189.19%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Weiss Ratings downgraded LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Evercore set a $51.00 target price on LXP Industrial Trust in a report on Friday, February 13th. JPMorgan Chase & Co. lowered their price target 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. Citigroup reaffirmed 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 equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $51.88.

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.