LXP Industrial Trust $LXP Shares Sold by Bayforest Capital Ltd

Bayforest Capital Ltd reduced its holdings in LXP Industrial Trust (NYSE:LXP) by 73.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,012 shares of the real estate investment trust’s stock after selling 13,648 shares during the quarter. Bayforest Capital Ltd’s holdings in LXP Industrial Trust were worth $248,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of LXP Industrial Trust during the 3rd quarter valued at $26,000. EverSource Wealth Advisors LLC increased its position in shares of LXP Industrial Trust by 101.7% during the 2nd 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 position in shares of LXP Industrial Trust by 82.0% during the 2nd 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 position in shares of LXP Industrial Trust by 5.9% during the 3rd 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 position in shares of LXP Industrial Trust during the 2nd quarter valued at $90,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LXP has been the topic of several research analyst reports. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. lowered their price target on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. Evercore set a $51.00 price target on LXP Industrial Trust in a research report on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of LXP Industrial Trust in a research report on Friday, April 10th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $51.50.

LXP Industrial Trust Stock Up 0.8%

Shares of LXP stock opened at $52.07 on Tuesday. The stock has a market cap of $3.07 billion, a PE ratio of 28.77 and a beta of 1.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24. The business’s fifty day moving average is $48.27 and its 200-day moving average is $48.24. LXP Industrial Trust has a 1 year low of $37.30 and a 1 year high of $52.52.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the consensus estimate 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 return on equity of 5.70% and a net margin of 32.27%.The business’s revenue was down 14.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities analysts expect that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 5.4%. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 154.70%.

LXP Industrial Trust 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.