Monarch Partners Asset Management LLC cut its position in Lsb Industries Inc. (NYSE:LXU) by 37.5% during the second quarter, Holdings Channel reports. The institutional investor owned 21,490 shares of the conglomerate’s stock after selling 12,920 shares during the period. Monarch Partners Asset Management LLC’s holdings in Lsb Industries were worth $222,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Arizona State Retirement System raised its stake in Lsb Industries by 2.9% in the first quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock valued at $100,000 after buying an additional 300 shares during the period. Thrivent Financial For Lutherans raised its stake in Lsb Industries by 6.4% in the first quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock valued at $108,000 after buying an additional 690 shares during the period. KCG Holdings Inc. purchased a new stake in Lsb Industries during the first quarter valued at about $125,000. Texas Permanent School Fund raised its stake in Lsb Industries by 1.0% in the first quarter. Texas Permanent School Fund now owns 14,808 shares of the conglomerate’s stock valued at $139,000 after buying an additional 150 shares during the period. Finally, State of Tennessee Treasury Department raised its stake in Lsb Industries by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 18,334 shares of the conglomerate’s stock valued at $172,000 after buying an additional 2,767 shares during the period. 68.78% of the stock is currently owned by institutional investors and hedge funds.

Shares of Lsb Industries Inc. (LXU) opened at 6.66 on Tuesday. The company has a market capitalization of $189.18 million, a price-to-earnings ratio of 3.21 and a beta of 4.54. Lsb Industries Inc. has a 52-week low of $4.52 and a 52-week high of $12.68. The firm’s 50-day moving average is $9.15 and its 200 day moving average is $9.18.

Lsb Industries (NYSE:LXU) last issued its quarterly earnings data on Tuesday, July 25th. The conglomerate reported ($0.53) earnings per share for the quarter, missing the consensus estimate of ($0.27) by $0.26. Lsb Industries had a net margin of 24.04% and a negative return on equity of 1.11%. The company had revenue of $122.90 million for the quarter, compared to the consensus estimate of $138.21 million. During the same quarter last year, the business posted ($0.73) earnings per share. Lsb Industries’s revenue was up 11.7% on a year-over-year basis. On average, equities research analysts anticipate that Lsb Industries Inc. will post ($2.57) earnings per share for the current year.

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Several research firms have issued reports on LXU. ValuEngine raised shares of Lsb Industries from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Lsb Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th.

About Lsb Industries

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

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Institutional Ownership by Quarter for Lsb Industries (NYSE:LXU)

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