LXP Industrial Trust (NYSE:LXP) Lowered to “Sell” Rating by Wall Street Zen

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

Other research analysts have also issued reports about the company. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. KeyCorp downgraded shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. JPMorgan Chase & Co. dropped 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 research report on Thursday, March 5th. Weiss Ratings cut shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Evercore set a $51.00 price target on shares of LXP Industrial Trust in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, LXP Industrial Trust has a consensus rating of “Hold” and a consensus target price of $51.50.

LXP Industrial Trust Trading Down 1.3%

Shares of NYSE:LXP opened at $46.18 on Friday. 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 stock’s 50-day moving average is $48.74 and its 200-day moving average is $47.92. The company has a market cap of $2.73 billion, a P/E ratio of 25.51 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.

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

Institutional Trading of LXP Industrial Trust

A number of institutional investors and hedge funds have recently modified their holdings of the company. Allianz Asset Management GmbH lifted its holdings in LXP Industrial Trust by 144.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock valued at $9,032,000 after purchasing an additional 596,457 shares during the last quarter. AE Wealth Management LLC boosted its position in LXP Industrial Trust by 8.1% in 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 buying an additional 21,826 shares in the last quarter. AlphaQuest LLC grew its stake in LXP Industrial Trust by 109.6% during the third quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock worth $2,087,000 after buying an additional 121,790 shares during the last quarter. Aew Capital Management L P grew its stake in LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock worth $81,856,000 after buying an additional 3,465,123 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of LXP Industrial Trust during the third quarter worth approximately $227,000. 93.52% of the stock is currently owned by institutional investors.

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.