Lsb Industries Inc. (LXU) Shares Sold by Teachers Advisors LLC
Teachers Advisors LLC cut its stake in Lsb Industries Inc. (NYSE:LXU) by 19.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,514 shares of the conglomerate’s stock after selling 9,641 shares during the quarter. Teachers Advisors LLC owned approximately 0.14% of Lsb Industries worth $419,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Thrivent Financial For Lutherans increased its position in Lsb Industries by 6.4% during the first quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock worth $108,000 after acquiring an additional 690 shares during the period. Neuberger Berman Group LLC bought a new position in Lsb Industries during the second quarter worth about $119,000. KCG Holdings Inc. bought a new position in Lsb Industries during the first quarter worth about $125,000. Texas Permanent School Fund increased its position in Lsb Industries by 0.8% during the second quarter. Texas Permanent School Fund now owns 14,932 shares of the conglomerate’s stock worth $154,000 after acquiring an additional 124 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Lsb Industries by 4,698.2% during the second quarter. JPMorgan Chase & Co. now owns 26,006 shares of the conglomerate’s stock worth $269,000 after acquiring an additional 25,464 shares during the period. 66.88% of the stock is currently owned by institutional investors.
Separately, ValuEngine raised shares of Lsb Industries from a “strong sell” rating to a “sell” rating in a research report on Friday, September 8th.
Lsb Industries Inc. (LXU) opened at $8.03 on Tuesday. Lsb Industries Inc. has a 1 year low of $5.55 and a 1 year high of $11.71. The company has a quick ratio of 1.60, a current ratio of 1.85 and a debt-to-equity ratio of 0.91.
Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Monday, October 30th. The conglomerate reported ($0.91) EPS for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.12. Lsb Industries had a negative net margin of 12.19% and a negative return on equity of 13.12%. The business had revenue of $92.40 million for the quarter, compared to analyst estimates of $100.49 million. During the same period last year, the firm earned ($2.12) earnings per share. Lsb Industries’s revenue for the quarter was up 15.1% compared to the same quarter last 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.
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