Vanderbilt University Acquires New Stake in LXP Industrial Trust $LXP

Vanderbilt University acquired a new stake in LXP Industrial Trust (NYSE:LXPFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,351 shares of the real estate investment trust’s stock, valued at approximately $710,000.

Several other hedge funds also recently bought and sold shares of LXP. Cbre Investment Management Listed Real Assets LLC bought a new stake in shares of LXP Industrial Trust during the third quarter valued at approximately $15,508,000. Aew Capital Management L P boosted its holdings in shares of 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 purchasing an additional 3,465,123 shares during the period. Lasalle Investment Management Securities LLC grew its stake in LXP Industrial Trust by 6.3% in the third quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust’s stock worth $87,414,000 after purchasing an additional 578,169 shares in the last quarter. Intech Investment Management LLC grew its stake in LXP Industrial Trust by 21.9% in the third quarter. Intech Investment Management LLC now owns 224,336 shares of the real estate investment trust’s stock worth $2,010,000 after purchasing an additional 40,230 shares in the last quarter. Finally, Pensionfund Sabic purchased a new position in LXP Industrial Trust during the 4th quarter worth $912,000. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Price Performance

NYSE LXP opened at $53.83 on Thursday. The company has a market cap of $3.17 billion, a PE ratio of 36.37 and a beta of 1.05. The firm’s 50 day moving average price is $51.82 and its 200-day moving average price is $50.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. LXP Industrial Trust has a 52-week low of $38.20 and a 52-week high of $54.71.

LXP Industrial Trust (NYSE:LXPGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 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%. LXP Industrial Trust’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter 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. Sell-side analysts forecast that LXP Industrial Trust will post 3.35 EPS for the current fiscal year.

LXP Industrial Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.70 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.2%. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Analysts Set New Price Targets

LXP has been the subject of several research reports. Evercore set a $54.00 target price on LXP Industrial Trust in a report on Monday, June 8th. Raymond James Financial started coverage on LXP Industrial Trust in a research note on Wednesday, June 17th. They set a “market perform” rating on the stock. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a report on Wednesday, June 3rd. Weiss Ratings upgraded LXP Industrial Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lowered their price objective 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. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $52.62.

Check Out Our Latest Research Report on LXP

LXP Industrial Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for LXP Industrial Trust (NYSE:LXP)

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