Kestra Investment Management LLC Sells 39,267 Shares of LXP Industrial Trust $LXP

Kestra Investment Management LLC cut its holdings in LXP Industrial Trust (NYSE:LXP) by 80.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 9,626 shares of the real estate investment trust’s stock after selling 39,267 shares during the period. Kestra Investment Management LLC’s holdings in LXP Industrial Trust were worth $477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Xponance Inc. lifted its position in LXP Industrial Trust by 0.9% in the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock valued at $222,000 after acquiring an additional 216 shares in the last quarter. IFP Advisors Inc lifted its position in 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 valued at $41,000 after acquiring an additional 326 shares in the last quarter. Allworth Financial LP lifted its position in LXP Industrial Trust by 5.9% in the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 332 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in LXP Industrial Trust in the 4th quarter valued at approximately $34,000. Finally, Choreo LLC lifted its holdings in shares of LXP Industrial Trust by 3.0% during the 3rd quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust’s stock valued at $271,000 after buying an additional 854 shares during the period. 93.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

LXP Industrial Trust Price Performance

Shares of LXP Industrial Trust stock opened at $52.67 on Thursday. LXP Industrial Trust has a one year low of $38.20 and a one year high of $53.16. The stock’s fifty day moving average is $49.76 and its 200 day moving average is $49.03. The stock has a market cap of $3.10 billion, a P/E ratio of 35.59 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21.

LXP Industrial Trust (NYSE:LXP) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 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. LXP Industrial Trust’s revenue for the quarter was down 3.3% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts anticipate that LXP Industrial Trust will post 3.31 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio is presently 189.19%.

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.