Lsb Industries (NYSE:LXU) SVP Sells $118,278.52 in Stock

Lsb Industries Inc. (NYSE:LXU) SVP Kristy Carver sold 9,554 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $12.38, for a total transaction of $118,278.52. Following the completion of the transaction, the senior vice president directly owned 47,452 shares in the company, valued at $587,455.76. This represents a 16.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lsb Industries Trading Down 1.3%

NYSE LXU opened at $11.73 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.85 and a current ratio of 3.07. The company has a market capitalization of $843.48 million, a price-to-earnings ratio of 18.61 and a beta of 0.31. The company’s 50-day simple moving average is $13.86 and its two-hundred day simple moving average is $11.71. Lsb Industries Inc. has a one year low of $7.09 and a one year high of $17.22.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, April 29th. The conglomerate reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.14. The business had revenue of $169.49 million for the quarter, compared to the consensus estimate of $166.19 million. Lsb Industries had a net margin of 7.16% and a return on equity of 8.91%. Equities analysts forecast that Lsb Industries Inc. will post 0.53 EPS for the current fiscal year.

Institutional Trading of Lsb Industries

A number of institutional investors have recently modified their holdings of the company. Kennedy Capital Management LLC boosted its holdings in shares of Lsb Industries by 0.4% in the 4th quarter. Kennedy Capital Management LLC now owns 277,355 shares of the conglomerate’s stock valued at $2,358,000 after buying an additional 1,210 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Lsb Industries by 1.8% in the 2nd quarter. Rhumbline Advisers now owns 89,804 shares of the conglomerate’s stock valued at $700,000 after buying an additional 1,616 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Lsb Industries by 8.5% in the 4th quarter. Millennium Management LLC now owns 21,573 shares of the conglomerate’s stock valued at $183,000 after buying an additional 1,692 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Lsb Industries by 21.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock valued at $97,000 after buying an additional 2,148 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Lsb Industries by 7.4% in the 1st quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock valued at $257,000 after buying an additional 2,692 shares in the last quarter. 73.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on LXU shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $15.00 target price (up from $14.00) on shares of Lsb Industries in a research report on Monday, May 11th. UBS Group set a $16.00 target price on shares of Lsb Industries and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Wall Street Zen downgraded shares of Lsb Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Jefferies Financial Group raised their target price on shares of Lsb Industries from $11.00 to $15.00 and gave the company a “hold” rating in a research report on Thursday, March 12th. Finally, Weiss Ratings raised shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Lsb Industries presently has a consensus rating of “Hold” and an average price target of $15.33.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.