Lsb Industries (NYSE:LXU) CFO Sells $75,510.00 in Stock

Lsb Industries Inc. (NYSE:LXU) CFO Cheryl Maguire sold 7,551 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $10.00, for a total value of $75,510.00. Following the completion of the transaction, the chief financial officer owned 200,719 shares in the company, valued at approximately $2,007,190. The trade was a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Cheryl Maguire also recently made the following trade(s):

• On Thursday, January 15th, Cheryl Maguire sold 1,550 shares of Lsb Industries stock. The shares were sold at an average price of $10.00, for a total value of $15,500.00.

Lsb Industries Stock Performance

Shares of NYSE LXU traded down $0.35 during trading on Friday, reaching $9.60. 508,974 shares of the stock traded hands, compared to its average volume of 540,925. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $10.04. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.84 and a quick ratio of 2.63. The company has a 50-day moving average of $8.97 and a 200-day moving average of $8.52. The stock has a market capitalization of $690.62 million, a P/E ratio of -960.00 and a beta of 0.75.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.03. The company had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. Lsb Industries had a positive return on equity of 2.70% and a negative net margin of 0.11%. Analysts forecast that Lsb Industries Inc. will post -0.18 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LXU shares. Zacks Research upgraded Lsb Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lsb Industries in a research report on Monday, December 29th. Wall Street Zen raised Lsb Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. UBS Group reaffirmed a “neutral” rating and issued a $9.75 target price (up from $9.50) on shares of Lsb Industries in a research note on Monday. Finally, Royal Bank Of Canada increased their price target on shares of Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $9.92.

Institutional Trading of Lsb Industries

Several institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. boosted its position in shares of Lsb Industries by 5.8% during the 3rd quarter. American Century Companies Inc. now owns 1,990,812 shares of the conglomerate’s stock valued at $15,688,000 after acquiring an additional 109,944 shares during the last quarter. Systematic Financial Management LP raised its stake in Lsb Industries by 1.8% during the second quarter. Systematic Financial Management LP now owns 1,817,498 shares of the conglomerate’s stock valued at $14,176,000 after purchasing an additional 32,373 shares in the last quarter. Geode Capital Management LLC lifted its position in Lsb Industries by 1.1% during the second quarter. Geode Capital Management LLC now owns 1,261,020 shares of the conglomerate’s stock valued at $9,838,000 after purchasing an additional 14,313 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Lsb Industries by 6.0% in the 3rd quarter. Bridgeway Capital Management LLC now owns 495,270 shares of the conglomerate’s stock worth $3,903,000 after buying an additional 28,157 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Lsb Industries by 104.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate’s stock worth $2,881,000 after buying an additional 187,108 shares during the last quarter. 73.67% of the stock is currently owned by hedge funds and other institutional investors.

Lsb Industries Company Profile

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.