2 hours Ago By ABMN Staff
Truist Financial Corp purchased a new stake in LSB Industries, Inc. ( NYSE:LXU – Free Report ) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 41,880 shares of the conglomerate’s stock, valued at approximately $343,000.
Truist Financial Corp owned about 0.06% of LSB Industries at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of LXU.
nVerses Capital LLC purchased a new position in shares of LSB Industries during the second quarter worth approximately $34,000. Bayesian Capital Management LP purchased a new position in LSB Industries during the 1st quarter worth $97,000. Squarepoint Ops LLC purchased a new position in LSB Industries during the 2nd quarter worth $116,000.
Susquehanna Fundamental Investments LLC acquired a new position in LSB Industries in the second quarter valued at $118,000. Finally, Comerica Bank purchased a new stake in shares of LSB Industries in the first quarter valued at about $210,000. Institutional investors and hedge funds own 73.
67% of the company’s stock. LSB Industries Price Performance Shares of NYSE:LXU opened at $9.21 on Friday.
The company has a quick ratio of 3.19, a current ratio of 3.41 and a debt-to-equity ratio of 0.
92. The company has a 50-day moving average price of $8.00 and a 200 day moving average price of $8.
38. LSB Industries, Inc. has a 52 week low of $6.
74 and a 52 week high of $10.40. The company has a market cap of $658.
56 million, a P/E ratio of 38.35, a PEG ratio of 1.56 and a beta of 0.
82. Analyst Upgrades and Downgrades Several equities analysts recently issued reports on the company. Royal Bank of Canada restated an “outperform” rating and issued a $10.
00 price target on shares of LSB Industries in a research report on Monday, August 12th. Piper Sandler lifted their target price on LSB Industries from $8.80 to $9.
00 and gave the company an “underweight” rating in a research note on Thursday, August 8th. Finally, UBS Group upgraded LSB Industries from a “neutral” rating to a “buy” rating and upped their price target for the stock from $9.50 to $11.
00 in a research note on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $10.
25. View Our Latest Stock Analysis on LSB Industries LSB Industries Company Profile ( Free Report ) LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.
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