VIRGINIA RETIREMENT SYSTEMS ET Al Sells 60,180 Shares of LXP Industrial Trust $LXP

VIRGINIA RETIREMENT SYSTEMS ET Al cut its holdings in LXP Industrial Trust (NYSE:LXP) by 54.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,720 shares of the real estate investment trust’s stock after selling 60,180 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in LXP Industrial Trust were worth $2,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LXP. Caitong International Asset Management Co. Ltd bought a new stake in shares of LXP Industrial Trust during the 3rd quarter valued at $26,000. EverSource Wealth Advisors LLC raised its position in shares of LXP Industrial Trust by 101.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,755 shares during the period. Geneos Wealth Management Inc. raised its position in shares of LXP Industrial Trust by 82.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,632 shares during the period. EQ Wealth Advisors LLC bought a new stake in shares of LXP Industrial Trust during the 4th quarter valued at $34,000. Finally, Allworth Financial LP raised its position 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 purchasing an additional 332 shares during the period. 93.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on LXP shares. JPMorgan Chase & Co. decreased their price objective on shares of 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. Wall Street Zen downgraded shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Citigroup restated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, LXP Industrial Trust presently has a consensus rating of “Hold” and a consensus price target of $51.88.

LXP Industrial Trust Stock Performance

LXP opened at $51.38 on Friday. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 34.72 and a beta of 1.06. The company has a fifty day moving average of $49.00 and a 200 day moving average of $48.77. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $52.79. 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 posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.80 earnings per share for the quarter. The company had revenue of $85.95 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was down 3.3% on a year-over-year basis. During the same period last year, the company posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. As a group, sell-side analysts forecast that LXP Industrial Trust will post 3.31 earnings per share for the current fiscal year.

LXP Industrial Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) 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.