LXP Industrial Trust $LXP Stock Position Boosted by Lasalle Investment Management Securities LLC

Lasalle Investment Management Securities LLC boosted its holdings in LXP Industrial Trust (NYSE:LXP) by 6.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,828,528 shares of the real estate investment trust’s stock after buying an additional 117,737 shares during the period. LXP Industrial Trust accounts for approximately 3.3% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 10th largest holding. Lasalle Investment Management Securities LLC’s holdings in LXP Industrial Trust were worth $84,588,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LXP. Caitong International Asset Management Co. Ltd acquired a new position in shares of LXP Industrial Trust during the 3rd quarter valued at about $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of LXP Industrial Trust by 101.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,755 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of LXP Industrial Trust by 82.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,632 shares during the last quarter. EQ Wealth Advisors LLC acquired a new stake in shares of LXP Industrial Trust in the fourth quarter worth approximately $34,000. Finally, IFP Advisors Inc boosted its position in shares of 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 acquiring an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on LXP. 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. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Thursday, July 16th. Citizens Jmp lowered shares of LXP Industrial Trust from a “market outperform” rating to a “hold” rating in a report on Tuesday. Raymond James Financial started coverage on shares of LXP Industrial Trust in a research note on Wednesday, June 17th. They set a “market perform” rating for the company. Finally, KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a report on Tuesday, June 9th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $55.20.

LXP Industrial Trust Stock Performance

LXP Industrial Trust stock opened at $61.17 on Thursday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 41.33 and a beta of 1.04. LXP Industrial Trust has a 12 month low of $38.20 and a 12 month high of $61.61. 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 stock’s 50-day moving average is $53.92 and its 200-day moving average is $50.91.

LXP Industrial Trust (NYSE:LXP) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The business had revenue of $85.95 million during the quarter, compared to analysts’ expectations of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter 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. Equities analysts anticipate that LXP Industrial Trust will post 3.34 earnings per share for the current year.

LXP Industrial Trust Announces Dividend

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

LXP Industrial Trust 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.