LXP Industrial Trust $LXP Shares Sold by Centersquare Investment Management LLC

Centersquare Investment Management LLC decreased its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 86.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 404,405 shares of the real estate investment trust’s stock after selling 2,601,595 shares during the period. Centersquare Investment Management LLC owned approximately 0.14% of LXP Industrial Trust worth $3,623,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LXP. Arizona State Retirement System raised its stake in LXP Industrial Trust by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 87,517 shares of the real estate investment trust’s stock valued at $784,000 after acquiring an additional 1,211 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of LXP Industrial Trust by 0.5% in the second quarter. California State Teachers Retirement System now owns 271,954 shares of the real estate investment trust’s stock valued at $2,246,000 after purchasing an additional 1,474 shares during the period. Virtus Investment Advisers LLC raised its stake in shares of LXP Industrial Trust by 8.9% during the second quarter. Virtus Investment Advisers LLC now owns 19,629 shares of the real estate investment trust’s stock worth $162,000 after purchasing an additional 1,612 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of LXP Industrial Trust by 14.3% during the second quarter. Smartleaf Asset Management LLC now owns 13,954 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 1,742 shares during the period. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings lowered shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. KeyCorp cut shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. Finally, Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $52.13.

LXP Industrial Trust Stock Up 1.2%

Shares of NYSE LXP opened at $49.03 on Thursday. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 27.09 and a beta of 1.10. LXP Industrial Trust has a 52 week low of $34.25 and a 52 week high of $52.52. The firm has a 50-day moving average price of $49.84 and a 200 day moving average price of $47.30. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.18.

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

LXP Industrial Trust Company Profile

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.