LXP Industrial Trust (NYSE:LXP) Rating Increased to Hold at Wall Street Zen

LXP Industrial Trust (NYSE:LXP) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

Other equities research analysts have also recently issued research reports about the stock. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. decreased their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, LXP Industrial Trust presently has a consensus rating of “Hold” and a consensus price target of $51.50.

LXP Industrial Trust Price Performance

LXP Industrial Trust stock opened at $46.03 on Friday. The firm has a market cap of $2.72 billion, a PE ratio of 25.43 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. The stock’s fifty day moving average price is $48.36 and its two-hundred day moving average price is $47.95. LXP Industrial Trust has a one year low of $34.25 and a one year high of $52.52.

LXP Industrial Trust (NYSE:LXP) last released its earnings results 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). The company had revenue of $86.74 million for the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The business’s revenue was down 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, research analysts expect that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

Hedge Funds Weigh In On LXP Industrial Trust

A number of institutional investors have recently added to or reduced their stakes in the stock. Lasalle Investment Management Securities LLC grew its stake in shares of LXP Industrial Trust by 6.3% during the third quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust’s stock worth $87,414,000 after buying an additional 578,169 shares during the last quarter. Aew Capital Management L P lifted its stake 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. Balyasny Asset Management L.P. boosted its holdings in shares of LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after acquiring an additional 4,688,972 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of LXP Industrial Trust by 6.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,797,118 shares of the real estate investment trust’s stock valued at $51,942,000 after acquiring an additional 340,733 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in LXP Industrial Trust by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock worth $38,633,000 after acquiring an additional 145,951 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

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.