LXP Industrial Trust $LXP Position Lessened by Systematic Financial Management LP

Systematic Financial Management LP decreased its stake in LXP Industrial Trust (NYSE:LXP) by 80.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 650,129 shares of the real estate investment trust’s stock after selling 2,597,432 shares during the period. Systematic Financial Management LP owned 1.10% of LXP Industrial Trust worth $32,233,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of LXP Industrial Trust in the 3rd quarter worth approximately $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of LXP Industrial Trust by 101.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,755 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of LXP Industrial Trust by 82.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of LXP Industrial Trust in the 4th quarter worth approximately $34,000. Finally, IFP Advisors Inc lifted its holdings in shares of LXP Industrial Trust by 63.8% in the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 326 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Stock Up 0.6%

Shares of LXP Industrial Trust stock opened at $52.32 on Friday. The business’s fifty day moving average price is $49.44 and its two-hundred day moving average price is $48.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.21 and a quick ratio of 0.21. The company has a market capitalization of $3.08 billion, a P/E ratio of 35.35 and a beta of 1.06. LXP Industrial Trust has a 1-year low of $38.20 and a 1-year high of $52.79.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. LXP Industrial Trust had a return on equity of 4.80% and a net margin of 27.05%.The company had revenue of $85.95 million for the quarter, compared to analysts’ expectations of $81.47 million. During the same period last year, the firm earned $0.16 EPS. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, research analysts forecast 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 paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s payout ratio is currently 189.19%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LXP. Wall Street Zen downgraded LXP Industrial Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research note on Friday, February 13th. Weiss Ratings downgraded LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Evercore set a $51.00 target price on LXP Industrial Trust in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. cut their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, LXP Industrial Trust currently has an average rating of “Hold” and a consensus price target of $51.88.

About LXP Industrial Trust

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.