Inceptionr LLC Takes $417,000 Position in LXP Industrial Trust $LXP

Inceptionr LLC bought a new position in shares of LXP Industrial Trust (NYSE:LXPFree Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,004 shares of the real estate investment trust’s stock, valued at approximately $417,000.

Other large investors also recently modified their holdings of the company. Heartland Advisors Inc. bought a new stake in LXP Industrial Trust during the 1st quarter valued at $10,705,000. Eurizon Capital SGR S.p.A. bought a new position in shares of LXP Industrial Trust in the fourth quarter valued at $1,169,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of LXP Industrial Trust by 3.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,159,623 shares of the real estate investment trust’s stock valued at $53,644,000 after buying an additional 36,043 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of LXP Industrial Trust by 31.1% during the first quarter. Principal Financial Group Inc. now owns 369,658 shares of the real estate investment trust’s stock valued at $17,100,000 after buying an additional 87,741 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC grew its holdings in shares of LXP Industrial Trust by 6.9% during the first quarter. Lasalle Investment Management Securities LLC now owns 1,828,528 shares of the real estate investment trust’s stock valued at $84,588,000 after buying an additional 117,737 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors.

LXP Industrial Trust Stock Down 0.2%

LXP Industrial Trust stock opened at $60.71 on Monday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $61.61. The stock has a market cap of $3.58 billion, a PE ratio of 41.02 and a beta of 1.04. The firm’s 50-day simple moving average is $54.31 and its 200 day simple moving average is $51.07. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21.

LXP Industrial Trust (NYSE:LXPGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 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 net margin of 27.05% and a return on equity of 4.80%. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts predict that LXP Industrial Trust will post 3.34 EPS for the current fiscal year.

LXP Industrial Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.6%. LXP Industrial Trust’s dividend payout ratio is currently 189.19%.

Analysts Set New Price Targets

LXP has been the topic of a number of analyst reports. Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. BMO Capital Markets initiated coverage on LXP Industrial Trust in a research note on Thursday, July 9th. They set an “outperform” rating and a $65.00 price target for the company. Citizens Jmp lowered LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a report on Tuesday, July 21st. Raymond James Financial began coverage on LXP Industrial Trust in a report on Wednesday, June 17th. They issued a “market perform” rating on the stock. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $55.20.

Get Our Latest Research Report on LXP Industrial Trust

LXP Industrial Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for LXP Industrial Trust (NYSE:LXP)

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