Public Sector Pension Investment Board Increases Stock Position in LXP Industrial Trust $LXP

Public Sector Pension Investment Board increased its holdings in LXP Industrial Trust (NYSE:LXP) by 14.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,153,763 shares of the real estate investment trust’s stock after acquiring an additional 145,481 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.39% of LXP Industrial Trust worth $10,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in LXP Industrial Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock valued at $1,496,000 after purchasing an additional 7,577 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of LXP Industrial Trust during the first quarter worth about $129,000. Goldman Sachs Group Inc. increased its position in LXP Industrial Trust by 14.1% in the 1st 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 acquiring an additional 458,195 shares during the period. United Services Automobile Association acquired a new position in LXP Industrial Trust in the 1st quarter valued at about $158,000. Finally, Jane Street Group LLC raised its stake in LXP Industrial Trust by 6,092.1% during the 1st quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock valued at $8,201,000 after acquiring an additional 932,822 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Trading Down 1.0%

Shares of LXP stock opened at $47.76 on Tuesday. The business’s fifty day moving average price is $50.04 and its 200 day moving average price is $46.93. LXP Industrial Trust has a 1-year low of $44.17 and a 1-year high of $97.90. The firm has a market capitalization of $2.82 billion, a PE ratio of 26.39 and a beta of 1.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24.

LXP Industrial Trust (NYSE:LXP) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The business had revenue of $86.74 million during the quarter, compared to analyst estimates of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. LXP Industrial Trust’s revenue was down 14.0% compared to the same quarter last year. During the same period last year, the business posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, sell-side analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LXP. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday. Evercore ISI set a $51.00 price target on LXP Industrial Trust in a report on Friday. JMP Securities set a $57.50 price objective on shares of LXP Industrial Trust and gave the company a “market outperform” rating in a research report on Tuesday, October 28th. Citizens Jmp raised shares of LXP Industrial Trust from a “market perform” rating to an “outperform” rating and set a $57.50 price objective on the stock in a research note on Tuesday, October 28th. Finally, Weiss Ratings cut shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, LXP Industrial Trust presently has an average rating of “Moderate Buy” and an average target price of $53.50.

LXP Industrial Trust Company 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.