SG Americas Securities LLC Has $171,000 Stock Holdings in LSB Industries, Inc. (NYSE:LXU)

SG Americas Securities LLC lifted its holdings in shares of LSB Industries, Inc. (NYSE:LXU) by 20.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,589 shares of the conglomerate’s stock after purchasing an additional 3,763 shares during the period. SG Americas Securities LLC’s holdings in LSB Industries were worth $171,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Systematic Financial Management LP boosted its holdings in shares of LSB Industries by 11.0% during the 3rd quarter. Systematic Financial Management LP now owns 1,660,443 shares of the conglomerate’s stock worth $13,350,000 after buying an additional 164,166 shares in the last quarter. Cerity Partners LLC grew its holdings in LSB Industries by 132.2% in the third quarter. Cerity Partners LLC now owns 1,368,201 shares of the conglomerate’s stock worth $11,000,000 after purchasing an additional 778,937 shares during the period. State Street Corp increased its stake in LSB Industries by 0.6% in the third quarter. State Street Corp now owns 1,264,212 shares of the conglomerate’s stock valued at $10,164,000 after purchasing an additional 7,751 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of LSB Industries by 691.2% during the third quarter. International Assets Investment Management LLC now owns 904,516 shares of the conglomerate’s stock valued at $7,272,000 after purchasing an additional 790,194 shares during the period. Finally, Brightline Capital Management LLC raised its holdings in shares of LSB Industries by 20.3% during the third quarter. Brightline Capital Management LLC now owns 361,000 shares of the conglomerate’s stock valued at $2,902,000 after purchasing an additional 61,000 shares during the period. Institutional investors and hedge funds own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Piper Sandler upgraded LSB Industries from an “underweight” rating to an “overweight” rating and raised their target price for the company from $9.00 to $11.00 in a research note on Monday, January 13th. Royal Bank of Canada restated an “outperform” rating and set a $10.00 price objective on shares of LSB Industries in a report on Monday, November 4th.

LSB Industries Price Performance

LXU stock opened at $8.10 on Monday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53. The business has a 50-day simple moving average of $8.35 and a two-hundred day simple moving average of $8.31. The company has a market capitalization of $580.12 million, a P/E ratio of -38.57, a price-to-earnings-growth ratio of 0.76 and a beta of 0.87. LSB Industries, Inc. has a 52-week low of $6.74 and a 52-week high of $10.40.

LSB Industries Company 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.