Royal Bank of Canada grew its stake in Lsb Industries Inc. (NYSE:LXU) by 30.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,192 shares of the conglomerate’s stock after purchasing an additional 4,739 shares during the period. Royal Bank of Canada owned about 0.07% of Lsb Industries worth $209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Texas Permanent School Fund boosted its stake in shares of Lsb Industries by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 14,932 shares of the conglomerate’s stock valued at $154,000 after purchasing an additional 124 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake 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 valued at $707,000 after purchasing an additional 456 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in shares of Lsb Industries by 6.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock valued at $108,000 after purchasing an additional 690 shares in the last quarter. Legal & General Group Plc boosted its stake 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 valued at $388,000 after purchasing an additional 3,055 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Lsb Industries by 2.0% in the 2nd quarter. Northern Trust Corp now owns 258,802 shares of the conglomerate’s stock valued at $2,673,000 after purchasing an additional 4,998 shares in the last quarter. Institutional investors own 66.84% of the company’s stock.

Shares of Lsb Industries Inc. (LXU) opened at $8.73 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.60 and a debt-to-equity ratio of 0.91. Lsb Industries Inc. has a one year low of $5.55 and a one year high of $11.71.

Lsb Industries (NYSE:LXU) last posted its earnings results on Monday, October 30th. The conglomerate reported ($0.91) EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $100.49 million. During the same period last year, the company earned ($2.12) EPS. The firm’s revenue was up 15.1% compared to the same quarter last year.

Separately, ValuEngine downgraded shares of Lsb Industries from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th.

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

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