Eurizon Capital SGR S.p.A. Buys New Shares in LXP Industrial Trust $LXP

Eurizon Capital SGR S.p.A. bought a new position in shares of LXP Industrial Trust (NYSE:LXP) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,579 shares of the real estate investment trust’s stock, valued at approximately $1,169,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LXP. Allianz Asset Management GmbH grew its holdings in shares of 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 worth $9,032,000 after purchasing an additional 596,457 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC bought a new stake in shares of LXP Industrial Trust during the third quarter valued at approximately $15,508,000. Aew Capital Management L P raised its stake in shares of LXP Industrial Trust by 61.1% in the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after purchasing an additional 3,465,123 shares in the last quarter. Lasalle Investment Management Securities LLC raised its stake in shares of LXP Industrial Trust by 6.3% in the third quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust’s stock valued at $87,414,000 after purchasing an additional 578,169 shares in the last quarter. Finally, Versor Investments LP lifted its position in LXP Industrial Trust by 90.8% in the third quarter. Versor Investments LP now owns 56,300 shares of the real estate investment trust’s stock worth $504,000 after purchasing an additional 26,800 shares during the period. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Price Performance

Shares of LXP stock opened at $50.41 on Wednesday. The stock’s fifty day simple moving average is $49.94 and its 200 day simple moving average is $49.38. LXP Industrial Trust has a one year low of $38.20 and a one year high of $53.16. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 34.06 and a beta of 1.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, analysts expect that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.6%. LXP Industrial Trust’s dividend payout ratio (DPR) is 189.19%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their price target on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Citigroup reissued an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Finally, Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust presently has an average rating of “Hold” and a consensus price target of $51.88.

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.