Lsb Industries Inc. $LXU Stock Position Lifted by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its holdings in Lsb Industries Inc. (NYSE:LXU) by 9.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,108 shares of the conglomerate’s stock after purchasing an additional 2,507 shares during the quarter. MetLife Investment Management LLC’s holdings in Lsb Industries were worth $192,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of LXU. NBC Securities Inc. grew its stake in shares of Lsb Industries by 394,900.0% in the first quarter. NBC Securities Inc. now owns 3,950 shares of the conglomerate’s stock worth $26,000 after purchasing an additional 3,949 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Lsb Industries by 157.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the conglomerate’s stock valued at $28,000 after acquiring an additional 2,230 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Lsb Industries in the first quarter valued at approximately $29,000. GAMMA Investing LLC boosted its holdings in shares of Lsb Industries by 21,016.0% in the first quarter. GAMMA Investing LLC now owns 5,279 shares of the conglomerate’s stock valued at $35,000 after acquiring an additional 5,254 shares in the last quarter. Finally, Aigen Investment Management LP bought a new position in shares of Lsb Industries in the first quarter valued at approximately $69,000. Institutional investors own 73.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. UBS Group cut shares of Lsb Industries from a “buy” rating to a “neutral” rating and set a $9.25 price objective for the company. in a report on Wednesday, July 23rd. Wall Street Zen upgraded shares of Lsb Industries from a “sell” rating to a “hold” rating in a report on Saturday, May 31st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Lsb Industries has an average rating of “Moderate Buy” and a consensus target price of $9.75.

Lsb Industries Stock Down 5.0%

LXU stock opened at $7.81 on Wednesday. Lsb Industries Inc. has a 12 month low of $4.88 and a 12 month high of $9.68. The firm has a market cap of $561.71 million, a PE ratio of -16.97 and a beta of 0.83. The firm has a 50 day simple moving average of $8.12 and a 200 day simple moving average of $7.33. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.64 and a quick ratio of 2.39.

Lsb Industries (NYSE:LXU) last released its earnings results on Tuesday, July 29th. The conglomerate reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.14). Lsb Industries had a negative net margin of 6.15% and a negative return on equity of 0.34%. The business had revenue of $151.30 million for the quarter, compared to analyst estimates of $156.76 million. Equities research analysts forecast 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.