Natixis Advisors LLC Sells 373,417 Shares of LXP Industrial Trust $LXP

Natixis Advisors LLC reduced its stake in LXP Industrial Trust (NYSE:LXP) by 79.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 94,863 shares of the real estate investment trust’s stock after selling 373,417 shares during the quarter. Natixis Advisors LLC owned approximately 0.16% of LXP Industrial Trust worth $4,703,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LXP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 purchasing an additional 7,577 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in LXP Industrial Trust during the first quarter valued at about $129,000. Goldman Sachs Group Inc. raised its holdings in LXP Industrial Trust by 14.1% during the first 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 bought a new stake in LXP Industrial Trust during the first quarter valued at about $158,000. Finally, Jane Street Group LLC raised its holdings in LXP Industrial Trust by 6,092.1% during the first 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 period. 93.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen cut LXP Industrial Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Citigroup reissued a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. JPMorgan Chase & Co. decreased their price target 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. Evercore set a $54.00 price target on LXP Industrial Trust in a report on Monday. Finally, Weiss Ratings cut LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $52.63.

LXP Industrial Trust Trading Down 1.2%

Shares of LXP Industrial Trust stock opened at $51.59 on Tuesday. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 34.86 and a beta of 1.05. The business has a 50-day moving average price of $50.40 and a 200-day moving average price of $49.56. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a twelve month low of $38.20 and a twelve month high of $53.16.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The firm had revenue of $85.95 million during the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The business’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Equities research analysts anticipate that LXP Industrial Trust will post 3.33 EPS for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders 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 dividend yield of 5.4%. LXP Industrial Trust’s dividend payout ratio (DPR) is presently 189.19%.

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.