Princeton Capital Management LLC Takes Position in LXP Industrial Trust $LXP

Princeton Capital Management LLC purchased a new position in shares of LXP Industrial Trust (NYSE:LXP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,000 shares of the real estate investment trust’s stock, valued at approximately $134,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. AE Wealth Management LLC grew its stake in shares of 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 buying an additional 21,826 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in LXP Industrial Trust by 144.9% during the 3rd 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 during the period. AlphaQuest LLC grew its position in LXP Industrial Trust by 109.6% in the 3rd 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. Sequoia Financial Advisors LLC acquired a new position in LXP Industrial Trust in the 3rd quarter valued at about $227,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its stake in LXP Industrial Trust by 8.3% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 273,313 shares of the real estate investment trust’s stock worth $2,449,000 after purchasing an additional 20,913 shares during the period. 93.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LXP has been the subject of several recent research reports. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Citizens Jmp set a $57.50 price objective on LXP Industrial Trust and gave the stock a “market outperform” rating in a research report on Tuesday, October 28th. Finally, Evercore set a $51.00 target price on LXP Industrial Trust in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, LXP Industrial Trust presently has an average rating of “Moderate Buy” and an average target price of $52.13.

LXP Industrial Trust Price Performance

LXP Industrial Trust stock opened at $48.38 on Friday. The stock has a market cap of $2.86 billion, a P/E ratio of 26.73 and a beta of 1.10. The company has a fifty day simple moving average of $49.91 and a 200-day simple moving average of $47.12. LXP Industrial Trust has a 12-month low of $34.25 and a 12-month high of $52.52. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.18.

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

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.