Following The Money: Institution’s Growing Stake In LXP Industrial Trust (NYSE: LXP)

LXP Industrial Trust (LXP) concluded trading on Thursday at a closing price of $8.81, with 1.81 million shares of worth about $15.98 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.71% during that period and on March 27, 2025 the price saw a loss of about -0.68%. Currently the company’s common shares owned by public are about 294.50M shares, out of which, 288.06M shares are available for trading.

Stock saw a price change of -2.22% in past 5 days and over the past one month there was a price change of 1.50%. Year-to-date (YTD), LXP shares are showing a performance of 8.50% which decreased to -0.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.65 but also hit the highest price of $10.56 during that period. The average intraday trading volume for LXP Industrial Trust shares is 2.21 million. The stock is currently trading -2.30% below its 20-day simple moving average (SMA20), while that difference is up 1.68% for SMA50 and it goes to -4.96% lower than SMA200.

LXP Industrial Trust (NYSE: LXP) currently have 294.50M outstanding shares and institutions hold larger chunk of about 94.58% of that.

The stock has a current market capitalization of $2.61B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 67.77, while it has posted earnings per share of $0.13 in the same period. Its PEG reads 2.99 while making debt-to-equity ratio of 0.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LXP, volatility over the week remained 2.29% while standing at 2.16% over the month.

Stock’s fiscal year EPS is expected to drop by -145.11% while it is estimated to increase by 175.72% in next year. EPS is likely to grow at an annualized rate of 22.67% for next 5-years, compared to annual growth of -35.31% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on June 04, 2024 offering an Outperform rating for the stock and assigned a target price of $11 to it. Coverage by KeyBanc Capital Markets stated LXP Industrial Trust (LXP) stock as an Overweight in their note to investors on May 15, 2023, suggesting a price target of $12 for the stock. On April 18, 2023, JMP Securities Initiated their recommendations, while on April 18, 2022, BofA Securities Resumed their ratings for the stock with a price target of $14. Stock get an In-line rating from Evercore ISI on April 13, 2022.

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