Lsb Industries (NYSE:LXU) Director Barry Golsen Sells 17,813 Shares

Lsb Industries Inc. (NYSE:LXU) Director Barry Golsen sold 17,813 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $10.04, for a total value of $178,842.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Lsb Industries Trading Up 3.5%

LXU opened at $10.31 on Thursday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.84 and a quick ratio of 2.63. Lsb Industries Inc. has a fifty-two week low of $4.88 and a fifty-two week high of $10.41. The company’s 50 day moving average price is $9.16 and its two-hundred day moving average price is $8.69. The firm has a market capitalization of $741.99 million, a price-to-earnings ratio of -1,031.40 and a beta of 0.74.

Analysts Set New Price Targets

Several research analysts have commented on LXU shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lsb Industries in a report on Monday, December 29th. UBS Group reaffirmed a “neutral” rating and issued a $9.75 price objective (up from $9.50) on shares of Lsb Industries in a research note on Monday, January 12th. Zacks Research cut Lsb Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $11.00 price target (up previously from $10.00) on shares of Lsb Industries in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $10.25.

Hedge Funds Weigh In On Lsb Industries

Institutional investors and hedge funds have recently modified their holdings of the business. American Century Companies Inc. lifted its position in shares of Lsb Industries by 5.9% during the 2nd quarter. American Century Companies Inc. now owns 1,880,868 shares of the conglomerate’s stock valued at $14,671,000 after acquiring an additional 104,355 shares during the period. Brandywine Global Investment Management LLC bought a new stake in Lsb Industries in the second quarter valued at $2,412,000. Campbell & CO Investment Adviser LLC bought a new stake in Lsb Industries in the third quarter valued at $650,000. JB Capital Partners LP acquired a new position in shares of Lsb Industries during the second quarter valued at about $529,000. Finally, Counterpoint Mutual Funds LLC bought a new position in shares of Lsb Industries during the 3rd quarter worth about $366,000. 73.67% of the stock is currently owned by institutional investors.

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.