LSB Industries, Inc. (NYSE:LXU) Stock Position Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of LSB Industries, Inc. (NYSE:LXU) by 3.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,842 shares of the conglomerate’s stock after selling 3,018 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.13% of LSB Industries worth $754,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. boosted its position in shares of LSB Industries by 112.6% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 128,370 shares of the conglomerate’s stock valued at $1,032,000 after purchasing an additional 68,000 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in LSB Industries by 14.3% during the third quarter. The Manufacturers Life Insurance Company now owns 85,931 shares of the conglomerate’s stock valued at $691,000 after purchasing an additional 10,762 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in LSB Industries by 691.2% during the third quarter. International Assets Investment Management LLC now owns 904,516 shares of the conglomerate’s stock worth $7,272,000 after buying an additional 790,194 shares in the last quarter. Private Advisor Group LLC grew its position in LSB Industries by 14.1% in the third quarter. Private Advisor Group LLC now owns 12,628 shares of the conglomerate’s stock worth $102,000 after buying an additional 1,563 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its holdings in shares of LSB Industries by 34.1% in the second quarter. First Eagle Investment Management LLC now owns 1,463,395 shares of the conglomerate’s stock valued at $11,971,000 after buying an additional 372,500 shares in the last quarter. 73.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LXU has been the topic of a number of recent research reports. UBS Group upgraded LSB Industries from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $9.50 to $11.00 in a report on Thursday, October 10th. Royal Bank of Canada reissued an “outperform” rating and issued a $10.00 price target on shares of LSB Industries in a research note on Monday, November 4th.

LSB Industries Price Performance

LXU opened at $7.60 on Friday. The firm has a market capitalization of $544.32 million, a P/E ratio of -36.19, a PEG ratio of 20.84 and a beta of 0.85. The stock has a fifty day moving average of $8.79 and a 200-day moving average of $8.35. The company has a quick ratio of 2.36, a current ratio of 2.53 and a debt-to-equity ratio of 0.95. LSB Industries, Inc. has a 12-month low of $6.74 and a 12-month 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.