SG Americas Securities LLC Has $1.29 Million Holdings in LXP Industrial Trust $LXP

SG Americas Securities LLC cut its stake in shares of LXP Industrial Trust (NYSE:LXP) by 44.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,933 shares of the real estate investment trust’s stock after selling 20,719 shares during the period. SG Americas Securities LLC’s holdings in LXP Industrial Trust were worth $1,286,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of LXP. Caitong International Asset Management Co. Ltd acquired a new position in shares of LXP Industrial Trust during the third quarter worth $26,000. EverSource Wealth Advisors LLC increased its holdings in LXP Industrial Trust by 101.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,755 shares during the period. Geneos Wealth Management Inc. increased its holdings in LXP Industrial Trust by 82.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,632 shares during the period. Allworth Financial LP increased its holdings in LXP Industrial Trust by 5.9% in the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the period. Finally, Corient Private Wealth LLC acquired a new stake in LXP Industrial Trust in the second quarter valued at $90,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust Stock Performance

Shares of LXP opened at $47.64 on Wednesday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.81 billion, a P/E ratio of 26.32 and a beta of 1.09. The firm’s fifty day simple moving average is $48.26 and its two-hundred day simple moving average is $47.97. LXP Industrial Trust has a 12 month low of $34.25 and a 12 month high of $52.52.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The firm 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 period last year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, analysts predict that LXP Industrial Trust will post 0.63 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 5.9%. LXP Industrial Trust’s dividend payout ratio is 154.70%.

Analysts Set New Price Targets

A number of analysts recently weighed in on LXP shares. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Sunday. Weiss Ratings downgraded LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. decreased their price objective on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, LXP Industrial Trust presently has a consensus rating of “Hold” and an average target price 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.