Yousif Capital Management LLC Sells 2,184 Shares of LXP Industrial Trust (NYSE:LXP)

Yousif Capital Management LLC cut its stake in LXP Industrial Trust (NYSE:LXP) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,972 shares of the real estate investment trust’s stock after selling 2,184 shares during the period. Yousif Capital Management LLC’s holdings in LXP Industrial Trust were worth $909,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its stake in LXP Industrial Trust by 81.1% during the 3rd quarter. GAMMA Investing LLC now owns 3,421 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 1,532 shares during the period. KBC Group NV increased its holdings in shares of LXP Industrial Trust by 32.7% during the 3rd quarter. KBC Group NV now owns 10,170 shares of the real estate investment trust’s stock valued at $102,000 after purchasing an additional 2,504 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of LXP Industrial Trust by 34.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,424 shares of the real estate investment trust’s stock valued at $116,000 after purchasing an additional 2,948 shares in the last quarter. Atria Investments Inc purchased a new position in shares of LXP Industrial Trust during the 3rd quarter valued at approximately $118,000. Finally, Blue Trust Inc. increased its holdings in shares of LXP Industrial Trust by 291.7% during the 3rd quarter. Blue Trust Inc. now owns 12,291 shares of the real estate investment trust’s stock valued at $124,000 after purchasing an additional 9,153 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

LXP Industrial Trust Price Performance

Shares of NYSE LXP opened at $8.49 on Friday. The firm has a market cap of $2.50 billion, a PE ratio of 141.46 and a beta of 0.89. The firm has a fifty day moving average of $8.37 and a 200 day moving average of $9.28. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.12 and a current ratio of 0.12. LXP Industrial Trust has a one year low of $7.65 and a one year high of $10.56.

LXP Industrial Trust (NYSE:LXP) last issued its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.18. LXP Industrial Trust had a net margin of 7.64% and a return on equity of 1.24%. As a group, research analysts predict that LXP Industrial Trust will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JMP Securities reissued a “market perform” rating on shares of LXP Industrial Trust in a report on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.33.

LXP Industrial Trust Company Profile

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.