OVERSEA CHINESE BANKING Corp Ltd Has $3.65 Million Stock Holdings in LXP Industrial Trust $LXP

OVERSEA CHINESE BANKING Corp Ltd lessened its position in shares of LXP Industrial Trust (NYSE:LXP) by 80.4% during the 4th quarter, HoldingsChannel reports. The fund owned 73,587 shares of the real estate investment trust’s stock after selling 302,252 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in LXP Industrial Trust were worth $3,648,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in LXP. Balyasny Asset Management L.P. lifted its stake in shares of LXP Industrial Trust by 269.0% during the second quarter. Balyasny Asset Management L.P. now owns 6,432,356 shares of the real estate investment trust’s stock valued at $53,131,000 after acquiring an additional 4,688,972 shares during the period. Aew Capital Management L P lifted its stake in shares of LXP Industrial Trust by 61.1% during the third quarter. Aew Capital Management L P now owns 9,135,734 shares of the real estate investment trust’s stock valued at $81,856,000 after acquiring an additional 3,465,123 shares during the period. Cbre Investment Management Listed Real Assets LLC acquired a new position in shares of LXP Industrial Trust during the third quarter valued at $15,508,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of LXP Industrial Trust by 468.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,057,488 shares of the real estate investment trust’s stock valued at $18,435,000 after acquiring an additional 1,695,558 shares during the period. Finally, Qube Research & Technologies Ltd lifted its stake in shares of LXP Industrial Trust by 359.3% during the second quarter. Qube Research & Technologies Ltd now owns 1,918,740 shares of the real estate investment trust’s stock valued at $15,849,000 after acquiring an additional 1,501,010 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.

Analysts Set New Price Targets

LXP has been the topic of several research reports. JPMorgan Chase & Co. cut their price target 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of LXP Industrial Trust in a report on Friday, April 10th. Evercore set a $51.00 price objective on LXP Industrial Trust in a report on Friday, February 13th. Wall Street Zen upgraded LXP Industrial Trust from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Finally, Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a report on Friday, February 13th. 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 currently has an average rating of “Hold” and a consensus target price of $51.50.

LXP Industrial Trust Trading Down 2.5%

NYSE LXP opened at $49.38 on Thursday. The stock has a 50-day simple moving average of $48.21 and a 200 day simple moving average of $48.28. The company has a market capitalization of $2.91 billion, a PE ratio of 27.28 and a beta of 1.09. The company has a current ratio of 0.24, a quick ratio of 0.24 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 $52.52.

LXP Industrial Trust (NYSE:LXP) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). The company had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The company’s revenue for the quarter was down 14.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Research analysts forecast that LXP Industrial Trust will post 3.31 EPS 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 issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio is 154.70%.

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.