FJ Capital Management LLC Sells 311,030 Shares of LXP Industrial Trust $LXP

FJ Capital Management LLC decreased its position in LXP Industrial Trust (NYSE:LXP) by 78.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 83,499 shares of the real estate investment trust’s stock after selling 311,030 shares during the period. FJ Capital Management LLC’s holdings in LXP Industrial Trust were worth $4,140,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Xponance Inc. boosted its stake in LXP Industrial Trust by 0.9% during the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after buying an additional 216 shares during the period. IFP Advisors Inc lifted its position in LXP Industrial Trust by 63.8% during the fourth quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 326 shares during the last quarter. Allworth Financial LP lifted its stake in 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 worth $53,000 after purchasing an additional 332 shares during the last quarter. EQ Wealth Advisors LLC purchased a new stake in LXP Industrial Trust in the fourth quarter worth approximately $34,000. Finally, Choreo LLC lifted its stake in LXP Industrial Trust by 3.0% in the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 854 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Stock Up 1.0%

Shares of LXP Industrial Trust stock opened at $53.11 on Friday. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 35.89 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 has a 1 year low of $38.20 and a 1 year high of $53.63. The firm’s 50-day moving average is $50.92 and its two-hundred day moving average is $49.72.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 EPS for the quarter. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. The business had revenue of $85.95 million during the quarter, compared to the consensus estimate of $81.47 million. During the same period in the previous year, the company posted $0.16 earnings per share. The firm’s revenue was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, research analysts expect that LXP Industrial Trust will post 3.33 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is currently 189.19%.

Wall Street Analyst Weigh In

LXP has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price target on 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 upgraded shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday. KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday. Evercore set a $54.00 price target on shares of LXP Industrial Trust in a research report on Monday, June 8th. Finally, Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $52.63.

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.