Victory Capital Management Inc. Has $24.84 Million Position in LXP Industrial Trust $LXP

Victory Capital Management Inc. lessened its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 3.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,772,716 shares of the real estate investment trust’s stock after selling 88,474 shares during the period. Victory Capital Management Inc. owned 0.94% of LXP Industrial Trust worth $24,844,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allianz Asset Management GmbH raised its stake in shares of 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 worth $9,032,000 after acquiring an additional 596,457 shares during the last quarter. AE Wealth Management LLC grew its stake in shares of LXP Industrial Trust by 8.1% during the third quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust’s stock valued at $2,603,000 after purchasing an additional 21,826 shares during the last quarter. AlphaQuest LLC increased its holdings in shares of LXP Industrial Trust by 109.6% in the third quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock valued at $2,087,000 after purchasing an additional 121,790 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of LXP Industrial Trust in the third quarter valued at approximately $227,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in LXP Industrial Trust by 8.3% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 273,313 shares of the real estate investment trust’s stock worth $2,449,000 after purchasing an additional 20,913 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Evercore set a $51.00 price objective on LXP Industrial Trust in a research report on Friday, February 13th. KeyCorp downgraded LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Weiss Ratings lowered LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. dropped 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 research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, LXP Industrial Trust has an average rating of “Hold” and a consensus price target of $51.50.

LXP Industrial Trust Price Performance

LXP opened at $47.79 on Tuesday. The company has a fifty day moving average price of $49.56 and a two-hundred day moving average price of $47.74. The firm has a market capitalization of $2.82 billion, a PE ratio of 26.40 and a beta of 1.09. LXP Industrial Trust has a 52 week low of $34.25 and a 52 week high of $52.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24.

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

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.