Exchange Traded Concepts LLC Sells 147,017 Shares of LXP Industrial Trust $LXP

Exchange Traded Concepts LLC decreased its holdings in LXP Industrial Trust (NYSE:LXP) by 80.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,804 shares of the real estate investment trust’s stock after selling 147,017 shares during the quarter. Exchange Traded Concepts LLC owned about 0.06% of LXP Industrial Trust worth $1,825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in LXP Industrial Trust in the 3rd quarter worth $26,000. EverSource Wealth Advisors LLC boosted its stake 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 in the last quarter. Geneos Wealth Management Inc. boosted its stake 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 in the last quarter. Allworth Financial LP increased its position in shares of LXP Industrial Trust by 5.9% during the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 332 shares during the period. Finally, Corient Private Wealth LLC purchased a new position in shares of LXP Industrial Trust during the second quarter valued at about $90,000. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Trading Down 0.4%

NYSE LXP opened at $46.07 on Thursday. LXP Industrial Trust has a 12 month low of $34.25 and a 12 month high of $52.52. 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’s fifty day moving average price is $48.49 and its 200-day moving average price is $47.95. The stock has a market cap of $2.72 billion, a P/E ratio of 25.45 and a beta of 1.08.

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 (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.06). The company had revenue of $86.74 million during the quarter, compared to analysts’ expectations of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.LXP Industrial Trust’s revenue for the quarter was down 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, equities analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.80 annualized dividend and a yield of 6.1%. LXP Industrial Trust’s payout ratio is 154.70%.

Wall Street Analyst Weigh In

Several analysts have commented on LXP shares. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. JPMorgan Chase & Co. reduced their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Weiss Ratings lowered LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Finally, Evercore set a $51.00 price target on LXP Industrial Trust in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average 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.