Alberta Investment Management Corp Reduces Position in LXP Industrial Trust $LXP

Alberta Investment Management Corp lessened its holdings in shares of LXP Industrial Trust (NYSE:LXP) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 338,500 shares of the real estate investment trust’s stock after selling 1,354,003 shares during the quarter. Alberta Investment Management Corp’s holdings in LXP Industrial Trust were worth $16,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Xponance Inc. boosted its stake in shares of LXP Industrial Trust by 0.9% during the 3rd quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust’s stock worth $222,000 after acquiring an additional 216 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of LXP Industrial Trust by 63.8% during the 4th quarter. IFP Advisors Inc now owns 837 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 326 shares in the last quarter. Allworth Financial LP lifted its stake in shares of LXP Industrial Trust by 5.9% during the 3rd quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 332 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in shares of LXP Industrial Trust during the 4th quarter valued at $34,000. Finally, Choreo LLC lifted its stake 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 in the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

LXP Industrial Trust Stock Up 1.4%

LXP opened at $53.78 on Tuesday. 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 has a fifty-two week low of $38.20 and a fifty-two week high of $54.14. The firm’s fifty day moving average is $51.08 and its 200 day moving average is $49.77. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of 36.34 and a beta of 1.05.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $85.95 million for the quarter, compared to the consensus estimate of $81.47 million. LXP Industrial Trust had a net margin of 27.05% and a return on equity of 4.80%. LXP Industrial Trust’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, sell-side analysts forecast that LXP Industrial Trust will post 3.33 earnings per share for the current fiscal year.

LXP Industrial Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. LXP Industrial Trust’s payout ratio is currently 189.19%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LXP. Evercore set a $54.00 target price on shares of LXP Industrial Trust in a research note on Monday, June 8th. KeyCorp restated a “sector weight” rating on shares of LXP Industrial Trust in a research note on Tuesday, June 9th. Citigroup restated a “market outperform” rating on shares of LXP Industrial Trust in a research note on Wednesday, June 3rd. Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. lowered their target price on shares of 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 investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $52.63.

LXP Industrial Trust Company 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.