New Age Alpha Advisors LLC Sells 24,978 Shares of LXP Industrial Trust $LXP

New Age Alpha Advisors LLC cut its position in LXP Industrial Trust (NYSE:LXP) by 63.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,674 shares of the real estate investment trust’s stock after selling 24,978 shares during the quarter. New Age Alpha Advisors LLC’s holdings in LXP Industrial Trust were worth $728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EQ Wealth Advisors LLC bought a new position in shares of LXP Industrial Trust in the fourth quarter valued at $34,000. IFP Advisors Inc boosted its position in LXP Industrial Trust by 63.8% during the fourth 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 period. Caitong International Asset Management Co. Ltd bought a new position in LXP Industrial Trust during the third quarter worth $26,000. EverSource Wealth Advisors LLC boosted its position in LXP Industrial Trust by 101.7% during the second 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 period. Finally, Geneos Wealth Management Inc. boosted its position in LXP Industrial Trust by 82.0% during the second 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 period. 93.52% of the stock is owned by institutional investors.

LXP Industrial Trust Stock Down 0.5%

LXP opened at $52.41 on Friday. LXP Industrial Trust has a fifty-two week low of $38.20 and a fifty-two week high of $53.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $3.09 billion, a P/E ratio of 35.41 and a beta of 1.06. The stock has a fifty day moving average of $49.84 and a 200-day moving average of $49.06.

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. 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 during the quarter, compared to the consensus estimate of $81.47 million. During the same quarter last year, the firm earned $0.16 earnings per share. The company’s revenue 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. On average, equities analysts expect that LXP Industrial Trust will post 3.31 EPS for the current year.

LXP Industrial Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.3%. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 189.19%.

Analyst Ratings Changes

A number of research firms have commented on LXP. JPMorgan Chase & Co. reduced their price objective on shares of LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, March 5th. Wall Street Zen cut shares of LXP Industrial Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Evercore set a $51.00 price objective on shares of LXP Industrial Trust in a research report on Friday, February 13th. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, Weiss Ratings cut shares of LXP Industrial Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $51.88.

LXP Industrial Trust 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.