State of Tennessee Treasury Department continued to hold its position in shares of Lsb Industries Inc. (NYSE:LXU) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,334 shares of the conglomerate’s stock at the close of the 2nd quarter. State of Tennessee Treasury Department owned approximately 0.06% of Lsb Industries worth $189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC bought a new stake in shares of Lsb Industries in the 2nd quarter valued at about $119,000. Legal & General Group Plc grew its position in shares of Lsb Industries by 8.8% in the 2nd quarter. Legal & General Group Plc now owns 37,676 shares of the conglomerate’s stock worth $388,000 after buying an additional 3,055 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Lsb Industries by 3.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 242,073 shares of the conglomerate’s stock worth $2,501,000 after buying an additional 7,807 shares during the last quarter. Northpointe Capital LLC grew its position in shares of Lsb Industries by 22.7% in the 2nd quarter. Northpointe Capital LLC now owns 561,646 shares of the conglomerate’s stock worth $5,802,000 after buying an additional 103,873 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Lsb Industries by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 68,384 shares of the conglomerate’s stock worth $707,000 after buying an additional 456 shares during the last quarter. Institutional investors and hedge funds own 70.18% of the company’s stock.

Several research firms recently commented on LXU. Zacks Investment Research raised shares of Lsb Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. ValuEngine upgraded shares of Lsb Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th.

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Lsb Industries Inc. (NYSE:LXU) opened at 8.24 on Wednesday. The firm has a market capitalization of $234.06 million, a P/E ratio of 3.97 and a beta of 4.54. Lsb Industries Inc. has a 12 month low of $4.52 and a 12 month high of $11.71. The stock’s 50 day moving average price is $6.78 and its 200-day moving average price is $8.53.

Lsb Industries (NYSE:LXU) last released its earnings results on Tuesday, July 25th. The conglomerate reported ($0.53) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.26). Lsb Industries had a negative return on equity of 1.11% and a net margin of 24.04%. The firm had revenue of $122.90 million for the quarter, compared to analysts’ expectations of $138.21 million. During the same quarter in the previous year, the company posted ($0.73) earnings per share. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. Equities analysts forecast that Lsb Industries Inc. will post ($2.57) earnings per share for the current year.

Lsb Industries 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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