Inceptionr LLC Purchases New Position in LXP Industrial Trust $LXP

Inceptionr LLC acquired a new position in shares of LXP Industrial Trust (NYSE:LXPFree Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,004 shares of the real estate investment trust’s stock, valued at approximately $417,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Balyasny Asset Management L.P. boosted its holdings in shares of 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 valued at $53,131,000 after acquiring an additional 4,688,972 shares in the last quarter. Dimensional Fund Advisors LP raised its position in LXP Industrial Trust by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock valued at $38,633,000 after purchasing an additional 145,951 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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 valued at $32,159,000 after purchasing an additional 458,195 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of LXP Industrial Trust by 48.6% during the third quarter. Qube Research & Technologies Ltd now owns 2,850,940 shares of the real estate investment trust’s stock worth $25,544,000 after purchasing an additional 932,200 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of LXP Industrial Trust by 59.2% in the third quarter. UBS Group AG now owns 2,452,515 shares of the real estate investment trust’s stock valued at $21,975,000 after buying an additional 911,566 shares during the period. Institutional investors own 93.52% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on LXP. BMO Capital Markets began coverage on shares of LXP Industrial Trust in a report on Thursday, July 9th. They set an “outperform” rating and a $65.00 target price on the stock. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Thursday, July 16th. Weiss Ratings raised LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Evercore set a $54.00 price target on LXP Industrial Trust in a research note on Monday, June 8th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $55.20.

Check Out Our Latest Stock Report on LXP Industrial Trust

LXP Industrial Trust Price Performance

Shares of LXP opened at $60.71 on Monday. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $61.61. 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 business’s 50 day moving average price is $54.31 and its two-hundred day moving average price is $51.07. The firm has a market cap of $3.58 billion, a PE ratio of 41.02 and a beta of 1.04.

LXP Industrial Trust (NYSE:LXPGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $85.95 million for 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% compared to the same quarter last year. During the same period in the prior year, the business earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, equities analysts anticipate that LXP Industrial Trust will post 3.34 EPS for the current year.

LXP Industrial Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.6%. LXP Industrial Trust’s dividend payout ratio is currently 189.19%.

LXP Industrial Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for LXP Industrial Trust (NYSE:LXP)

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