Prudential Financial Inc. cut its holdings in LXP Industrial Trust (NYSE:LXP – Get Rating) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 284,240 shares of the real estate investment trust's stock after selling 8,759 shares during the period. Prudential Financial Inc. owned 0.10% of LXP Industrial Trust worth $2,604,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of LXP. Long Pond Capital LP acquired a new position in LXP Industrial Trust in the 2nd quarter valued at $97,424,000. State Street Corp raised its holdings in LXP Industrial Trust by 12.6% in the 1st quarter. State Street Corp now owns 17,231,555 shares of the real estate investment trust's stock valued at $272,573,000 after acquiring an additional 1,921,716 shares during the last quarter. Vanguard Group Inc. raised its holdings in LXP Industrial Trust by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 46,080,850 shares of the real estate investment trust's stock valued at $723,469,000 after acquiring an additional 1,259,719 shares during the last quarter. Waterfront Capital Partners LLC acquired a new stake in shares of LXP Industrial Trust during the 2nd quarter worth $9,144,000. Finally, Citadel Advisors LLC increased its holdings in shares of LXP Industrial Trust by 92.0% during the 2nd quarter. Citadel Advisors LLC now owns 1,130,312 shares of the real estate investment trust's stock worth $12,139,000 after buying an additional 541,695 shares during the last quarter. 97.53% of the stock is currently owned by institutional investors and hedge funds.
Get LXP Industrial Trust alerts:Wall Street Analysts Forecast Growth
A number of research firms have recently commented on LXP. TheStreet downgraded LXP Industrial Trust from a "b-" rating to a "c" rating in a report on Friday, December 30th. StockNews.com began coverage on LXP Industrial Trust in a report on Wednesday, October 12th. They set a "hold" rating for the company.
LXP Industrial Trust Trading Down 1.2 %
LXP stock opened at $11.67 on Monday. LXP Industrial Trust has a 52 week low of $8.81 and a 52 week high of $16.10. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 16.60 and a beta of 0.83. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $10.75 and a 200-day simple moving average of $10.33.LXP Industrial Trust Company Profile
(Get Rating)
LXP Industrial Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.
See Also
- Get a free copy of the StockNews.com research report on LXP Industrial Trust (LXP)
- Is C3.ai Artificial Intelligence Product Suite a Gamechanger?
- MarketBeat Week in Review – 1/30 – 2/3
- Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
- Zimmer Biomet Beats on Earnings, Growth May be Priced In
- AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Want to see what other hedge funds are holding LXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LXP Industrial Trust (NYSE:LXP – Get Rating).
Receive News & Ratings for LXP Industrial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LXP Industrial Trust and related companies with MarketBeat.com's FREE daily email newsletter.