2 weeks Ago By ABMN Staff
Bank of Montreal Can grew its holdings in shares of LXP Industrial Trust ( NYSE:LXP – Free Report ) by 16.4% during the fourth quarter, Holdings Channel.com reports.
The firm owned 37,386 shares of the real estate investment trust’s stock after buying an additional 5,277 shares during the quarter. Bank of Montreal Can’s holdings in LXP Industrial Trust were worth $304,000 as of its most recent filing with the SEC. Other hedge funds have also made changes to their positions in the company.
Wealthfront Advisers LLC acquired a new stake in shares of LXP Industrial Trust during the fourth quarter worth $80,000. Proficio Capital Partners LLC purchased a new stake in shares of LXP Industrial Trust during the fourth quarter worth $83,000. Wealth Advisory Solutions LLC purchased a new stake in shares of LXP Industrial Trust during the 4th quarter worth about $91,000.
Sequoia Financial Advisors LLC bought a new position in LXP Industrial Trust during the fourth quarter valued at about $92,000. Finally, First Hawaiian Bank bought a new position in shares of LXP Industrial Trust in the fourth quarter valued at approximately $100,000. Institutional investors and hedge funds own 93.
52% of the company’s stock. LXP Industrial Trust Price Performance Shares of LXP stock opened at $7.78 on Thursday.
The company has a market capitalization of $2.30 billion, a P/E ratio of 59.81 and a beta of 0.
95. LXP Industrial Trust has a 12 month low of $6.85 and a 12 month high of $10.
57. The stock has a 50 day moving average of $8.47 and a two-hundred day moving average of $8.
74. The company has a current ratio of 0.16, a quick ratio of 0.
16 and a debt-to-equity ratio of 0.21. LXP Industrial Trust Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th.
Shareholders of record on Monday, March 31st were issued a dividend of $0.135 per share. This represents a $0.
54 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend was Monday, March 31st.
LXP Industrial Trust’s payout ratio is 415.38%. Wall Street Analyst Weigh In Separately, JMP Securities reaffirmed a “market perform” rating on shares of LXP Industrial Trust in a research report on Friday, February 14th.
One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.
33. Read Our Latest Stock Analysis on LXP LXP Industrial Trust Company Profile ( Free Report ) 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.
Further Reading 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 – Free Report ). 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 ..
