Nuveen Asset Management LLC lifted its position in LXP Industrial Trust (NYSE:LXP – Get Rating) by 15.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,957,557 shares of the real estate investment trust’s stock after purchasing an additional 393,922 shares during the quarter. Nuveen Asset Management LLC owned about 1.07% of LXP Industrial Trust worth $27,091,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. MetLife Investment Management LLC increased its holdings in shares of LXP Industrial Trust by 5.5% in the third quarter. MetLife Investment Management LLC now owns 150,720 shares of the real estate investment trust’s stock worth $1,381,000 after purchasing an additional 7,840 shares during the period. Long Pond Capital LP raised its position in shares of LXP Industrial Trust by 15.1% during the 3rd quarter. Long Pond Capital LP now owns 10,437,865 shares of the real estate investment trust’s stock valued at $95,611,000 after buying an additional 1,366,775 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of LXP Industrial Trust by 23.3% during the 3rd quarter. Hsbc Holdings PLC now owns 155,748 shares of the real estate investment trust’s stock valued at $1,427,000 after buying an additional 29,394 shares in the last quarter. DLD Asset Management LP lifted its holdings in shares of LXP Industrial Trust by 52.3% during the 3rd quarter. DLD Asset Management LP now owns 80,000 shares of the real estate investment trust’s stock worth $733,000 after acquiring an additional 27,475 shares during the last quarter. Finally, Dakota Wealth Management grew its position in LXP Industrial Trust by 14.7% in the third quarter. Dakota Wealth Management now owns 21,626 shares of the real estate investment trust’s stock worth $198,000 after acquiring an additional 2,771 shares in the last quarter. Institutional investors own 97.53% of the company’s stock.
LXP Industrial Trust Stock Performance
LXP Industrial Trust stock opened at $10.28 on Thursday. The firm has a fifty day simple moving average of $10.95 and a two-hundred day simple moving average of $10.36. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.19. LXP Industrial Trust has a twelve month low of $8.81 and a twelve month high of $16.10. The company has a market capitalization of $3.01 billion, a PE ratio of 27.05, a P/E/G ratio of 15.16 and a beta of 0.83.
Wall Street Analysts Forecast Growth
LXP Industrial Trust Profile
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.
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