1 day Ago By Defense World Staff
American Century Companies Inc. increased its position in LSB Industries, Inc. ( NYSE:LXU – Free Report ) by 11.
7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,621,036 shares of the conglomerate’s stock after acquiring an additional 169,275 shares during the period. American Century Companies Inc.
owned approximately 2.26% of LSB Industries worth $12,304,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Barclays PLC increased its holdings in shares of LSB Industries by 224.9% in the third quarter. Barclays PLC now owns 89,273 shares of the conglomerate’s stock valued at $718,000 after purchasing an additional 61,793 shares during the period.
Stifel Financial Corp acquired a new position in LSB Industries in the 3rd quarter worth approximately $257,000. The Manufacturers Life Insurance Company raised its position in LSB Industries by 14.3% during the 3rd quarter.
The Manufacturers Life Insurance Company now owns 85,931 shares of the conglomerate’s stock worth $691,000 after buying an additional 10,762 shares during the last quarter. Royce & Associates LP lifted its stake in LSB Industries by 26.7% during the 4th quarter.
Royce & Associates LP now owns 231,067 shares of the conglomerate’s stock valued at $1,754,000 after acquiring an additional 48,641 shares during the period. Finally, Ausbil Investment Management Ltd purchased a new stake in shares of LSB Industries in the 4th quarter valued at $313,000. Institutional investors and hedge funds own 73.
67% of the company’s stock. Analyst Ratings Changes Several research analysts recently issued reports on the stock. StockNews.
com cut shares of LSB Industries from a “hold” rating to a “sell” rating in a report on Wednesday, March 12th. Piper Sandler raised LSB Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the company from $9.00 to $11.
00 in a report on Monday, January 13th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and an average price target of $10.75. LSB Industries Stock Down 0.
8 % LXU opened at $6.54 on Wednesday. The company has a fifty day moving average of $7.
64 and a two-hundred day moving average of $8.16. The stock has a market capitalization of $469.
53 million, a price-to-earnings ratio of -31.12, a PEG ratio of 0.89 and a beta of 0.
69. LSB Industries, Inc. has a fifty-two week low of $6.
41 and a fifty-two week high of $10.40. The company has a debt-to-equity ratio of 0.
95, a quick ratio of 2.36 and a current ratio of 2.53.
About LSB Industries ( 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. Further Reading Five stocks we like better than LSB Industries What Are Some of the Best Large-Cap Stocks to Buy? D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy Basic Materials Stocks Investing Amazon Falls Back to a Key Support Line: Here’s How to Play It Using the MarketBeat Stock Split Calculator Buffett Trims Equities, But Still Keeps Buying This Stock Receive News & Ratings for LSB Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSB Industries and related companies with MarketBeat.
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