LXP Industrial Trust $LXP Stock Position Lowered by Systematic Financial Management LP

Systematic Financial Management LP lessened its position in LXP Industrial Trust (NYSE:LXP) by 80.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 650,129 shares of the real estate investment trust’s stock after selling 2,597,432 shares during the quarter. Systematic Financial Management LP’s holdings in LXP Industrial Trust were worth $32,233,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LXP Industrial Trust by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 172,981 shares of the real estate investment trust’s stock worth $1,496,000 after buying an additional 7,577 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of LXP Industrial Trust in the 1st quarter worth $129,000. Goldman Sachs Group Inc. grew its holdings in shares of 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 worth $32,159,000 after acquiring an additional 458,195 shares during the last quarter. United Services Automobile Association acquired a new position in shares of LXP Industrial Trust in the 1st quarter worth $158,000. Finally, Jane Street Group LLC grew its holdings in shares of LXP Industrial Trust by 6,092.1% in the 1st quarter. Jane Street Group LLC now owns 948,134 shares of the real estate investment trust’s stock worth $8,201,000 after acquiring an additional 932,822 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Stock Performance

Shares of LXP stock opened at $52.32 on Friday. LXP Industrial Trust has a 1-year low of $38.20 and a 1-year high of $52.79. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 35.35 and a beta of 1.06. The stock’s fifty day simple moving average is $49.44 and its 200-day simple moving average is $48.92.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. LXP Industrial Trust’s revenue for the quarter was down 3.3% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, sell-side analysts predict that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. LXP Industrial Trust’s payout ratio is currently 189.19%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on LXP shares. Evercore set a $51.00 target price on LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a report on Thursday, March 5th. Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.88.

About LXP Industrial Trust

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.