IFM Investors Pty Ltd Takes $435,000 Position in LXP Industrial Trust $LXP

IFM Investors Pty Ltd purchased a new position in LXP Industrial Trust (NYSE:LXP) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,405 shares of the real estate investment trust’s stock, valued at approximately $435,000.

A number of other institutional investors have also made changes to their positions in LXP. Balyasny Asset Management L.P. increased its holdings in LXP Industrial Trust by 269.0% in the second quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after purchasing an additional 4,688,972 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in LXP Industrial Trust by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock worth $38,633,000 after buying an additional 145,951 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in LXP Industrial Trust by 14.1% during the first quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock worth $32,159,000 after buying an additional 458,195 shares during the last quarter. Qube Research & Technologies Ltd grew its position in shares of LXP Industrial Trust by 48.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,850,940 shares of the real estate investment trust’s stock worth $25,544,000 after buying an additional 932,200 shares during the period. Finally, UBS Group AG increased its stake in shares of LXP Industrial Trust by 59.2% in the 3rd quarter. UBS Group AG now owns 2,452,515 shares of the real estate investment trust’s stock valued at $21,975,000 after acquiring an additional 911,566 shares during the last quarter. 93.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. KeyCorp reiterated a “sector weight” rating on shares of LXP Industrial Trust in a research report on Tuesday, June 9th. Citigroup reaffirmed a “market outperform” rating on shares of LXP Industrial Trust in a research note on Wednesday, June 3rd. Weiss Ratings upgraded shares of LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Raymond James Financial assumed coverage on shares of LXP Industrial Trust in a research report on Wednesday, June 17th. They set a “market perform” rating on the stock. Finally, Wall Street Zen raised shares of LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $52.62.

LXP Industrial Trust Trading Down 0.1%

NYSE LXP opened at $55.50 on Monday. LXP Industrial Trust has a one year low of $38.20 and a one year high of $55.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market cap of $3.27 billion, a P/E ratio of 37.50 and a beta of 1.04. The stock’s 50-day moving average is $52.41 and its 200-day moving average is $50.29.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. During the same period in the previous year, the firm earned $0.16 EPS. LXP Industrial Trust’s quarterly revenue was down 3.3% compared to the same quarter last year. 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 3.34 earnings per share for the current fiscal year.

LXP Industrial Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 5.0%. LXP Industrial Trust’s dividend payout ratio is currently 189.19%.

LXP Industrial Trust Company Profile

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.