LXP Industrial Trust $LXP Shares Sold by Magnus Financial Group LLC

Magnus Financial Group LLC cut its position in LXP Industrial Trust (NYSE:LXP) by 79.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,049 shares of the real estate investment trust’s stock after selling 92,417 shares during the period. Magnus Financial Group LLC’s holdings in LXP Industrial Trust were worth $1,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Allianz Asset Management GmbH raised its stake in LXP Industrial Trust by 144.9% in the third quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock valued at $9,032,000 after buying an additional 596,457 shares in the last quarter. AE Wealth Management LLC lifted its holdings in LXP Industrial Trust by 8.1% during the 3rd quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust’s stock worth $2,603,000 after buying an additional 21,826 shares during the last quarter. AlphaQuest LLC boosted its position in shares of LXP Industrial Trust by 109.6% during the 3rd quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock worth $2,087,000 after acquiring an additional 121,790 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of LXP Industrial Trust in the 3rd quarter valued at about $227,000. Finally, Aew Capital Management L P increased its holdings in shares of LXP Industrial Trust by 61.1% in the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after acquiring an additional 3,465,123 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Performance

Shares of LXP Industrial Trust stock opened at $46.47 on Monday. The firm’s fifty day simple moving average is $49.13 and its 200-day simple moving average is $47.92. 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 $2.75 billion, a price-to-earnings ratio of 25.67 and a beta of 1.09. 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 (NYSE:LXP) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.06). The business had revenue of $86.74 million for the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The company’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities analysts forecast that LXP Industrial Trust will post 0.63 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 6.0%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s payout ratio is 154.70%.

Analyst Ratings Changes

Several brokerages have recently weighed in on LXP. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. dropped their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a report on Friday, February 13th. 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, KeyCorp downgraded shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, LXP Industrial Trust has an average rating of “Hold” and a consensus price target of $51.50.

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.