LXP Industrial Trust $LXP Shares Sold by Versor Investments LP

Versor Investments LP decreased its stake in shares of LXP Industrial Trust (NYSE:LXP) by 56.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,559 shares of the real estate investment trust’s stock after selling 31,741 shares during the quarter. Versor Investments LP’s holdings in LXP Industrial Trust were worth $1,218,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in LXP Industrial Trust by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock worth $1,496,000 after buying an additional 7,577 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in LXP Industrial Trust during the first quarter worth $129,000. Goldman Sachs Group Inc. increased its position in LXP Industrial Trust by 14.1% during the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock worth $32,159,000 after buying an additional 458,195 shares in the last quarter. United Services Automobile Association purchased a new position in LXP Industrial Trust during the first quarter worth $158,000. Finally, Jane Street Group LLC increased its position in LXP Industrial Trust by 6,092.1% during the first quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock worth $8,201,000 after buying an additional 932,822 shares in the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on LXP shares. 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. Wall Street Zen downgraded LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Evercore set a $51.00 price target on LXP Industrial Trust in a report on Friday, February 13th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. cut their price target 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $51.88.

LXP Industrial Trust Trading Down 1.2%

Shares of LXP opened at $51.76 on Tuesday. The stock has a fifty day moving average of $48.85 and a two-hundred day moving average of $48.68. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $3.05 billion, a PE ratio of 34.97 and a beta of 1.06. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $52.79.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The company had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. During the same period in the previous year, the company earned $0.16 EPS. The business’s quarterly revenue was down 3.3% 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 forecast that LXP Industrial Trust will post 3.31 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 5.4%. LXP Industrial Trust’s payout ratio is currently 189.19%.

About LXP Industrial Trust

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.