Vanguard Group Inc. increased its position in shares of Lsb Industries Inc. (NYSE:LXU) by 3.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,076,801 shares of the conglomerate’s stock after buying an additional 37,627 shares during the period. Vanguard Group Inc. owned approximately 3.79% of Lsb Industries worth $10,101,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arizona State Retirement System raised its position in shares of Lsb Industries by 2.9% in the first quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock worth $100,000 after buying an additional 300 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Lsb Industries during the first quarter worth $552,000. Prudential Financial Inc. raised its stake in Lsb Industries by 2.0% in the first quarter. Prudential Financial Inc. now owns 34,978 shares of the conglomerate’s stock worth $328,000 after buying an additional 700 shares during the last quarter. Independent Advisor Alliance acquired a new stake in Lsb Industries during the first quarter worth $297,000. Finally, Millrace Asset Group Inc. acquired a new stake in Lsb Industries during the first quarter worth $797,000. Institutional investors and hedge funds own 70.31% of the company’s stock.

Lsb Industries Inc. (NYSE:LXU) traded up 0.66% during mid-day trading on Friday, hitting $6.14. 305,181 shares of the stock were exchanged. The firm has a market cap of $174.41 million, a price-to-earnings ratio of 2.96 and a beta of 4.53. The company has a 50 day moving average price of $7.51 and a 200 day moving average price of $8.93. Lsb Industries Inc. has a 52-week low of $4.52 and a 52-week high of $11.71.

Lsb Industries (NYSE:LXU) last announced its earnings results on Tuesday, July 25th. The conglomerate reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by $0.26. The business had revenue of $122.90 million during the quarter, compared to analyst estimates of $138.21 million. Lsb Industries had a net margin of 24.04% and a negative return on equity of 1.11%. The business’s revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.73) earnings per share. On average, analysts anticipate that Lsb Industries Inc. will post ($2.57) EPS for the current year.

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A number of analysts have recently weighed in on the stock. ValuEngine lowered shares of Lsb Industries from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research upgraded shares of Lsb Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, June 6th.

Lsb Industries Company Profile

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

Institutional Ownership by Quarter for Lsb Industries (NYSE:LXU)

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