Private Advisor Group LLC Has $102,000 Holdings in LSB Industries, Inc. (NYSE:LXU)

Private Advisor Group LLC increased its holdings in LSB Industries, Inc. (NYSE:LXU) by 14.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,628 shares of the conglomerate’s stock after acquiring an additional 1,563 shares during the period. Private Advisor Group LLC’s holdings in LSB Industries were worth $102,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. nVerses Capital LLC purchased a new stake in LSB Industries in the 2nd quarter valued at about $34,000. Bayesian Capital Management LP purchased a new stake in LSB Industries in the 1st quarter valued at about $97,000. Squarepoint Ops LLC purchased a new stake in LSB Industries in the 2nd quarter valued at about $116,000. Susquehanna Fundamental Investments LLC purchased a new stake in LSB Industries in the 2nd quarter valued at about $118,000. Finally, SG Americas Securities LLC purchased a new stake in LSB Industries in the 3rd quarter valued at about $151,000. Institutional investors and hedge funds own 73.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on LXU shares. Piper Sandler increased their price objective on shares of LSB Industries from $8.80 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, August 8th. UBS Group upgraded shares of LSB Industries from a “neutral” rating to a “buy” rating and increased their price objective for the company from $9.50 to $11.00 in a research note on Thursday, October 10th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $10.00 price objective on shares of LSB Industries in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $10.25.

LSB Industries Trading Down 2.5 %

Shares of LXU stock opened at $8.72 on Friday. The company has a 50 day moving average of $8.24 and a 200-day moving average of $8.42. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53. LSB Industries, Inc. has a 12-month low of $6.74 and a 12-month high of $10.40.

LSB Industries Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.