Lsb Industries Inc. $LXU Holdings Lowered by Voya Investment Management LLC

Voya Investment Management LLC trimmed its stake in shares of Lsb Industries Inc. (NYSE:LXU) by 10.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,276 shares of the conglomerate’s stock after selling 1,941 shares during the period. Voya Investment Management LLC’s holdings in Lsb Industries were worth $107,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Humankind Investments LLC increased its position in Lsb Industries by 12.1% in the 1st quarter. Humankind Investments LLC now owns 16,372 shares of the conglomerate’s stock worth $108,000 after purchasing an additional 1,769 shares during the last quarter. MetLife Investment Management LLC boosted its stake in Lsb Industries by 9.4% during the 1st quarter. MetLife Investment Management LLC now owns 29,108 shares of the conglomerate’s stock valued at $192,000 after purchasing an additional 2,507 shares during the period. Royal Bank of Canada lifted its position in shares of Lsb Industries by 7.4% in the 1st quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock worth $257,000 after acquiring an additional 2,692 shares during the period. Diversified Trust Co lifted its position in shares of Lsb Industries by 17.6% in the 1st quarter. Diversified Trust Co now owns 18,419 shares of the conglomerate’s stock worth $121,000 after acquiring an additional 2,759 shares during the period. Finally, NBC Securities Inc. lifted its position in shares of Lsb Industries by 394,900.0% in the 1st quarter. NBC Securities Inc. now owns 3,950 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 3,949 shares during the period. 73.67% of the stock is owned by institutional investors and hedge funds.

Lsb Industries Stock Down 1.3%

NYSE:LXU opened at $7.78 on Thursday. Lsb Industries Inc. has a 12-month low of $4.88 and a 12-month high of $9.68. The company has a quick ratio of 2.39, a current ratio of 2.64 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $559.41 million, a P/E ratio of -16.90 and a beta of 0.70. The stock’s fifty day simple moving average is $8.02 and its 200-day simple moving average is $7.42.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings results on Tuesday, July 29th. The conglomerate reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.14). The company had revenue of $151.30 million during the quarter, compared to the consensus estimate of $156.76 million. Lsb Industries had a negative return on equity of 0.34% and a negative net margin of 6.15%. Equities research analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, UBS Group cut Lsb Industries from a “buy” rating to a “neutral” rating and set a $9.25 target price for the company. in a report on Wednesday, July 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Lsb Industries has a consensus rating of “Moderate Buy” and a consensus target price of $9.75.

Lsb Industries Company 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.