Lsb Industries (NYSE:LXU) SVP Kristy Carver Sells 9,554 Shares

Lsb Industries Inc. (NYSE:LXU) SVP Kristy Carver sold 9,554 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.38, for a total value of $118,278.52. Following the completion of the sale, the senior vice president owned 47,452 shares of the company’s stock, valued at $587,455.76. This represents a 16.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Lsb Industries Price Performance

Shares of LXU stock opened at $11.95 on Wednesday. The stock has a 50 day moving average of $14.00 and a two-hundred day moving average of $11.66. The company has a current ratio of 3.07, a quick ratio of 2.85 and a debt-to-equity ratio of 0.81. Lsb Industries Inc. has a 12 month low of $7.09 and a 12 month high of $17.22. The company has a market capitalization of $859.40 million, a P/E ratio of 18.96 and a beta of 0.31.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.14. Lsb Industries had a return on equity of 8.91% and a net margin of 7.16%.The company had revenue of $169.49 million during the quarter, compared to the consensus estimate of $166.19 million. As a group, equities analysts expect that Lsb Industries Inc. will post 0.53 EPS for the current year.

Hedge Funds Weigh In On Lsb Industries

Hedge funds have recently modified their holdings of the stock. Kennedy Capital Management LLC increased its holdings in Lsb Industries by 0.4% during the 4th quarter. Kennedy Capital Management LLC now owns 277,355 shares of the conglomerate’s stock valued at $2,358,000 after purchasing an additional 1,210 shares in the last quarter. Rhumbline Advisers increased its holdings in Lsb Industries by 1.8% during the 2nd quarter. Rhumbline Advisers now owns 89,804 shares of the conglomerate’s stock valued at $700,000 after purchasing an additional 1,616 shares in the last quarter. Millennium Management LLC increased its holdings in Lsb Industries by 8.5% during the 4th quarter. Millennium Management LLC now owns 21,573 shares of the conglomerate’s stock valued at $183,000 after purchasing an additional 1,692 shares in the last quarter. Orion Porfolio Solutions LLC increased its holdings in Lsb Industries by 21.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock valued at $97,000 after purchasing an additional 2,148 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Lsb Industries by 7.4% during the 1st quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock valued at $257,000 after purchasing an additional 2,692 shares in the last quarter. 73.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LXU has been the subject of a number of recent research reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a $15.00 target price (up from $14.00) on shares of Lsb Industries in a report on Monday, May 11th. Wall Street Zen cut Lsb Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings raised Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. Jefferies Financial Group increased their target price on Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, March 12th. Finally, UBS Group set a $16.00 target price on Lsb Industries and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $15.33.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.