ProShare Advisors LLC Cuts Holdings in LXP Industrial Trust $LXP

ProShare Advisors LLC trimmed its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 79.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,351 shares of the real estate investment trust’s stock after selling 43,670 shares during the quarter. ProShare Advisors LLC’s holdings in LXP Industrial Trust were worth $563,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Allianz Asset Management GmbH boosted its stake in LXP Industrial Trust by 144.9% in the third quarter. Allianz Asset Management GmbH now owns 1,008,049 shares of the real estate investment trust’s stock valued at $9,032,000 after acquiring an additional 596,457 shares in the last quarter. AE Wealth Management LLC boosted its stake in LXP Industrial Trust by 8.1% in the third quarter. AE Wealth Management LLC now owns 290,568 shares of the real estate investment trust’s stock valued at $2,603,000 after acquiring an additional 21,826 shares in the last quarter. AlphaQuest LLC boosted its stake in LXP Industrial Trust by 109.6% in the third quarter. AlphaQuest LLC now owns 232,907 shares of the real estate investment trust’s stock valued at $2,087,000 after acquiring an additional 121,790 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC acquired a new stake in LXP Industrial Trust in the third quarter valued at approximately $15,508,000. Finally, Aew Capital Management L P boosted its stake in LXP Industrial Trust by 61.1% in the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after acquiring an additional 3,465,123 shares in the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.

LXP Industrial Trust Trading Down 0.5%

NYSE LXP opened at $52.41 on Friday. The company has a market capitalization of $3.09 billion, a PE ratio of 35.41 and a beta of 1.06. The company has a fifty day moving average of $49.84 and a 200 day moving average of $49.06. LXP Industrial Trust has a 1 year low of $38.20 and a 1 year high of $53.16. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21.

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

LXP Industrial Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given 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 yield of 5.3%. LXP Industrial Trust’s payout ratio is currently 189.19%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Evercore set a $51.00 target price on shares of LXP Industrial Trust in a research note on Friday, February 13th. JPMorgan Chase & Co. lowered their target price on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. Finally, Weiss Ratings downgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $51.88.

LXP Industrial Trust 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.