LXP Industrial Trust $LXP Shares Bought by Aberdeen Group plc

Aberdeen Group plc lifted its stake in shares of LXP Industrial Trust (NYSE:LXP) by 12.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,459 shares of the real estate investment trust’s stock after buying an additional 12,300 shares during the quarter. Aberdeen Group plc’s holdings in LXP Industrial Trust were worth $970,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in LXP Industrial Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock valued at $1,496,000 after acquiring an additional 7,577 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of LXP Industrial Trust during the first quarter worth about $129,000. Goldman Sachs Group Inc. lifted its holdings in shares of LXP Industrial Trust by 14.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock valued at $32,159,000 after purchasing an additional 458,195 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of LXP Industrial Trust in the 1st quarter valued at about $158,000. Finally, Jane Street Group LLC boosted its position in shares of LXP Industrial Trust by 6,092.1% in the 1st quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock valued at $8,201,000 after purchasing an additional 932,822 shares during the period. 93.52% of the stock is owned by hedge funds and other institutional investors.

LXP Industrial Trust Stock Up 2.0%

LXP opened at $48.38 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. LXP Industrial Trust has a 12 month low of $34.25 and a 12 month high of $52.52. The stock has a market capitalization of $2.86 billion, a P/E ratio of 26.73 and a beta of 1.10. The business has a 50 day simple moving average of $49.91 and a 200-day simple moving average of $47.12.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The business had revenue of $86.74 million for the quarter, compared to analyst estimates of $86.05 million. During the same period in the prior year, the company earned $0.16 EPS. The company’s revenue was down 14.0% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on LXP. KeyCorp lowered LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research report on Friday, February 13th. Citizens Jmp set a $57.50 target price on shares of LXP Industrial Trust and gave the company a “market outperform” rating in a report on Tuesday, October 28th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $52.13.

About LXP Industrial Trust

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.