Intech Investment Management LLC Sells 103,662 Shares of LXP Industrial Trust $LXP

Intech Investment Management LLC lessened its position in shares of LXP Industrial Trust (NYSE:LXP) by 46.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and 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’s holdings in LXP Industrial Trust were worth $5,983,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in LXP. Balyasny Asset Management L.P. increased its holdings in LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after purchasing an additional 4,688,972 shares in the last quarter. Aew Capital Management L P increased its stake in LXP Industrial Trust by 61.1% in the 3rd quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after buying an additional 3,465,123 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC acquired a new stake in LXP Industrial Trust in the 3rd quarter valued at $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in LXP Industrial Trust by 468.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock valued at $18,435,000 after buying an additional 1,695,558 shares during the last quarter. Finally, M&T Bank Corp acquired a new stake in LXP Industrial Trust in the 4th quarter valued at $79,619,000. Institutional investors own 93.52% of the company’s stock.

Wall Street Analyst Weigh In

LXP has been the topic of several recent research reports. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. lowered their price target on shares of 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. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings lowered shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Finally, Wall Street Zen lowered shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $51.88.

LXP Industrial Trust Stock Down 1.3%

LXP Industrial Trust stock opened at $51.71 on Friday. The firm has a market capitalization of $3.05 billion, a PE ratio of 34.94 and a beta of 1.06. The company’s 50-day moving average is $49.90 and its 200-day moving average is $49.08. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.16. 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 (NYSE:LXP) last released its quarterly earnings data 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%. LXP Industrial Trust’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts anticipate that LXP Industrial Trust will post 3.31 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued 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 presently 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.