Aew Capital Management L P Sells 7,966,152 Shares of LXP Industrial Trust $LXP

Aew Capital Management L P trimmed its stake in LXP Industrial Trust (NYSE:LXP) by 87.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,169,582 shares of the real estate investment trust’s stock after selling 7,966,152 shares during the period. LXP Industrial Trust accounts for 4.2% of Aew Capital Management L P’s portfolio, making the stock its 14th largest position. Aew Capital Management L P’s holdings in LXP Industrial Trust were worth $57,988,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the company. Lasalle Investment Management Securities LLC raised its stake in shares of LXP Industrial Trust by 6.3% during the 3rd 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 acquiring an additional 578,169 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in shares of LXP Industrial Trust by 269.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock worth $53,131,000 after acquiring an additional 4,688,972 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of LXP Industrial Trust by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,311,597 shares of the real estate investment trust’s stock worth $38,633,000 after acquiring an additional 145,951 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of LXP Industrial Trust by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,717,830 shares of the real estate investment trust’s stock worth $32,159,000 after acquiring an additional 458,195 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in shares of LXP Industrial Trust by 48.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,850,940 shares of the real estate investment trust’s stock worth $25,544,000 after acquiring an additional 932,200 shares in the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Trading Up 1.5%

Shares of LXP Industrial Trust stock opened at $52.26 on Thursday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.18. LXP Industrial Trust has a 12-month low of $38.20 and a 12-month high of $52.79. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 35.31 and a beta of 1.06. The firm’s 50 day simple moving average is $49.25 and its two-hundred day simple moving average is $48.87.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The business had revenue of $85.95 million for the quarter, compared to analyst estimates of $81.47 million. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company’s revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Analysts predict that LXP Industrial Trust will post 3.31 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. LXP Industrial Trust’s dividend payout ratio is currently 189.19%.

Wall Street Analyst Weigh In

Several research firms recently commented on LXP. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research note on Friday, February 13th. Wall Street Zen lowered LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. reduced their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Finally, Weiss Ratings lowered LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, LXP Industrial Trust presently has an average rating of “Hold” and a consensus price target of $51.88.

LXP Industrial Trust Profile

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.