Tudor Investment Corp ET AL Has $396,000 Stock Position in Lsb Industries Inc. $LXU

Tudor Investment Corp ET AL cut its position in Lsb Industries Inc. (NYSE:LXU) by 51.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,295 shares of the conglomerate’s stock after selling 52,909 shares during the period. Tudor Investment Corp ET AL’s holdings in Lsb Industries were worth $396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American Century Companies Inc. raised its position in shares of Lsb Industries by 5.9% during the second quarter. American Century Companies Inc. now owns 1,880,868 shares of the conglomerate’s stock worth $14,671,000 after purchasing an additional 104,355 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in Lsb Industries during the 3rd quarter valued at $650,000. JB Capital Partners LP acquired a new position in Lsb Industries during the second quarter worth $529,000. Quarry LP bought a new position in shares of Lsb Industries in the third quarter valued at $94,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Lsb Industries by 90.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock valued at $47,000 after buying an additional 2,856 shares during the last quarter. Institutional investors own 73.67% of the company’s stock.

Analyst Ratings Changes

LXU has been the subject of several recent research reports. Zacks Research downgraded shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Royal Bank Of Canada lifted their price target on Lsb Industries from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Jefferies Financial Group boosted their price objective on Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, March 12th. Weiss Ratings upgraded Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Finally, UBS Group lifted their target price on Lsb Industries from $9.75 to $16.50 and gave the company a “neutral” rating in a research report on Thursday, March 26th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $14.83.

Lsb Industries Price Performance

Shares of NYSE LXU opened at $14.97 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.78 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $1.08 billion, a PE ratio of 44.02 and a beta of 0.47. The stock’s 50 day moving average price is $11.97 and its 200-day moving average price is $9.91. Lsb Industries Inc. has a twelve month low of $4.88 and a twelve month high of $17.22.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04. The business had revenue of $165.05 million for the quarter, compared to analysts’ expectations of $153.88 million. Lsb Industries had a return on equity of 4.90% and a net margin of 4.00%. On average, equities analysts anticipate that Lsb Industries Inc. will post -0.18 EPS for the current year.

Insider Transactions at Lsb Industries

In other Lsb Industries news, SVP Kristy Carver sold 19,550 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $9.99, for a total value of $195,304.50. Following the sale, the senior vice president directly owned 52,613 shares in the company, valued at $525,603.87. The trade was a 27.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Cheryl Maguire sold 7,551 shares of Lsb Industries stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total value of $75,510.00. Following the completion of the sale, the chief financial officer directly owned 200,719 shares of the company’s stock, valued at approximately $2,007,190. This trade represents a 3.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 387,113 shares of company stock worth $3,731,647 in the last quarter. Insiders own 4.30% of the company’s stock.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.