LSB Industries, Inc. (NYSE:LXU) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its holdings in shares of LSB Industries, Inc. (NYSE:LXU) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,089,060 shares of the conglomerate’s stock after acquiring an additional 12,345 shares during the quarter. Vanguard Group Inc. owned approximately 4.31% of LSB Industries worth $23,446,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Stifel Financial Corp acquired a new stake in shares of LSB Industries in the 3rd quarter valued at about $257,000. State Street Corp increased its holdings in shares of LSB Industries by 0.6% in the 3rd quarter. State Street Corp now owns 1,264,212 shares of the conglomerate’s stock valued at $10,164,000 after acquiring an additional 7,751 shares during the period. Barclays PLC increased its stake in LSB Industries by 224.9% in the third quarter. Barclays PLC now owns 89,273 shares of the conglomerate’s stock valued at $718,000 after purchasing an additional 61,793 shares during the period. JPMorgan Chase & Co. raised its stake in LSB Industries by 18.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 138,084 shares of the conglomerate’s stock valued at $1,110,000 after acquiring an additional 21,801 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of LSB Industries in the fourth quarter valued at approximately $54,000. Hedge funds and other institutional investors own 73.67% of the company’s stock.

LSB Industries Trading Down 2.5 %

Shares of LXU opened at $5.24 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.53 and a quick ratio of 2.36. LSB Industries, Inc. has a 12 month low of $4.88 and a 12 month high of $10.40. The stock has a market cap of $376.13 million, a PE ratio of -24.93, a P/E/G ratio of 0.89 and a beta of 0.87. The stock’s 50-day moving average is $6.89 and its two-hundred day moving average is $7.96.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LXU. Piper Sandler set a $10.00 target price on LSB Industries in a research note on Thursday, March 27th. StockNews.com cut shares of LSB Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, March 12th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

About LSB Industries

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.