Campbell & CO Investment Adviser LLC Takes Position in Lsb Industries Inc. $LXU

Campbell & CO Investment Adviser LLC purchased a new position in Lsb Industries Inc. (NYSE:LXU) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 82,432 shares of the conglomerate’s stock, valued at approximately $650,000. Campbell & CO Investment Adviser LLC owned 0.11% of Lsb Industries at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC increased its position in Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock worth $47,000 after buying an additional 2,856 shares during the last quarter. PDT Partners LLC bought a new position in shares of Lsb Industries during the 2nd quarter worth $105,000. Oxford Asset Management LLP purchased a new stake in Lsb Industries in the 2nd quarter worth about $123,000. First Bank & Trust increased its holdings in Lsb Industries by 13.4% in the 3rd quarter. First Bank & Trust now owns 16,239 shares of the conglomerate’s stock worth $128,000 after acquiring an additional 1,922 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Lsb Industries by 381.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 18,005 shares of the conglomerate’s stock valued at $140,000 after acquiring an additional 14,267 shares during the period. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Price Performance

Shares of NYSE LXU opened at $9.29 on Wednesday. The stock’s 50-day simple moving average is $8.99 and its two-hundred day simple moving average is $8.55. Lsb Industries Inc. has a twelve month low of $4.88 and a twelve month high of $10.04. The firm has a market capitalization of $667.96 million, a P/E ratio of -928.50 and a beta of 0.75. The company has a quick ratio of 2.63, a current ratio of 2.84 and a debt-to-equity ratio of 0.89.

Lsb Industries (NYSE:LXU) last issued its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. The company had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%. As a group, equities analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LXU shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Royal Bank Of Canada restated an “outperform” rating and set a $11.00 target price (up previously from $10.00) on shares of Lsb Industries in a research report on Tuesday. UBS Group reaffirmed a “neutral” rating and issued a $9.75 price target (up from $9.50) on shares of Lsb Industries in a report on Monday, January 12th. Finally, Zacks Research upgraded Lsb Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $10.25.

Insider Transactions at Lsb Industries

In related news, Director Barry H. Golsen sold 118,953 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $9.19, for a total value of $1,093,178.07. Following the completion of the transaction, the director directly owned 96,773 shares in the company, valued at approximately $889,343.87. The trade was a 55.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Cheryl Maguire sold 7,551 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $10.00, for a total value of $75,510.00. Following the completion of the transaction, the chief financial officer directly owned 200,719 shares in the company, valued at approximately $2,007,190. This represents a 3.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 445,208 shares of company stock valued at $4,103,442 in the last quarter. Insiders own 4.70% of the company’s stock.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.