Intech Investment Management LLC Has $5.98 Million Stock Holdings in LXP Industrial Trust $LXP

Intech Investment Management LLC lessened its holdings in LXP Industrial Trust (NYSE:LXP) by 46.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120,674 shares of the real estate investment trust’s stock after selling 103,662 shares during the period. Intech Investment Management LLC owned approximately 0.20% of LXP Industrial Trust worth $5,983,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Xponance Inc. raised its position in LXP Industrial Trust by 0.9% in the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after purchasing an additional 216 shares in the last quarter. IFP Advisors Inc raised its position in LXP Industrial Trust by 63.8% in the fourth quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 326 shares in the last quarter. Allworth Financial LP raised its position in LXP Industrial Trust by 5.9% in 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 in the last quarter. EQ Wealth Advisors LLC acquired a new position in LXP Industrial Trust in the fourth quarter worth about $34,000. Finally, Choreo LLC grew its stake in LXP Industrial Trust by 3.0% during the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock worth $271,000 after buying an additional 854 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LXP shares. Evercore set a $51.00 price target on LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. dropped 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 given a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust currently has an average rating of “Hold” and an average price target of $51.88.

LXP Industrial Trust Price Performance

Shares of LXP stock opened at $51.71 on Friday. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $53.16. The stock has a market cap of $3.05 billion, a PE ratio of 34.94 and a beta of 1.06. 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 firm’s 50 day moving average price is $49.90 and its two-hundred day moving average price is $49.08.

LXP Industrial Trust (NYSE:LXP) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The company had revenue of $85.95 million for 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 business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the business posted $0.16 earnings per share. 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. Investors of record on Tuesday, March 31st were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. 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.