Barclays PLC Raises Position in LSB Industries, Inc. (NYSE:LXU)

Barclays PLC boosted its stake in LSB Industries, Inc. (NYSE:LXU - Free Report) by 57.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,773 shares of the conglomerate's stock after buying an additional 20,653 shares during the period. Barclays PLC owned 0.07% of LSB Industries worth $587,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lazard Asset Management LLC purchased a new stake in LSB Industries in the fourth quarter worth about $32,000. Lansing Street Advisors purchased a new position in shares of LSB Industries during the fourth quarter valued at approximately $38,000. Gyon Technologies Capital Management LP purchased a new position in shares of LSB Industries during the fourth quarter valued at approximately $48,000. Metropolitan Life Insurance Co. NY lifted its holdings in shares of LSB Industries by 136.3% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 4,575 shares of the conglomerate's stock valued at $61,000 after purchasing an additional 2,639 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY lifted its holdings in shares of LSB Industries by 136.3% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 4,575 shares of the conglomerate's stock valued at $61,000 after purchasing an additional 2,639 shares during the last quarter. 53.70% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:LXU opened at $9.76 on Friday. The company has a current ratio of 4.57, a quick ratio of 4.34 and a debt-to-equity ratio of 1.07. LSB Industries, Inc. has a 12 month low of $8.15 and a 12 month high of $18.47. The company has a market cap of $725.60 million, a PE ratio of 6.97 and a beta of 1.48. The company has a 50 day simple moving average of $10.33 and a two-hundred day simple moving average of $10.46.

LSB Industries (NYSE:LXU - Get Free Report) last posted its earnings results on Wednesday, July 26th. The conglomerate reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.24 by ($0.02). LSB Industries had a return on equity of 20.78% and a net margin of 14.28%. The company had revenue of $165.85 million during the quarter, compared to the consensus estimate of $146.45 million. Research analysts forecast that LSB Industries, Inc. will post 0.69 earnings per share for the current year.

LXU has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of LSB Industries from $16.00 to $13.00 in a report on Wednesday, May 17th. Piper Sandler lowered shares of LSB Industries from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $22.00 to $12.00 in a report on Thursday, May 11th. Stifel Nicolaus reduced their price target on shares of LSB Industries from $16.00 to $15.00 in a research report on Friday, June 30th. StockNews.com assumed coverage on shares of LSB Industries in a research report on Thursday, August 17th. They set a "hold" rating for the company. Finally, TheStreet raised shares of LSB Industries from a "c" rating to a "b-" rating in a research report on Wednesday, July 26th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $13.86.

View Our Latest Analysis on LSB Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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