Krilogy Financial LLC Trims Stock Holdings in LSB Industries, Inc. (NYSE:LXU)

Krilogy Financial LLC decreased its holdings in shares of LSB Industries, Inc. (NYSE:LXU) by 14.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 183,750 shares of the conglomerate’s stock after selling 30,000 shares during the quarter. Krilogy Financial LLC’s holdings in LSB Industries were worth $1,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in LXU. Dimensional Fund Advisors LP lifted its holdings in shares of LSB Industries by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,364,562 shares of the conglomerate’s stock worth $19,342,000 after buying an additional 37,419 shares in the last quarter. Renaissance Technologies LLC lifted its stake in LSB Industries by 1.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,816,865 shares of the conglomerate’s stock worth $14,862,000 after purchasing an additional 25,713 shares in the last quarter. Systematic Financial Management LP boosted its holdings in LSB Industries by 11.0% in the 3rd quarter. Systematic Financial Management LP now owns 1,660,443 shares of the conglomerate’s stock valued at $13,350,000 after purchasing an additional 164,166 shares during the period. Cerity Partners LLC grew its position in shares of LSB Industries by 132.2% during the 3rd quarter. Cerity Partners LLC now owns 1,368,201 shares of the conglomerate’s stock valued at $11,000,000 after purchasing an additional 778,937 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of LSB Industries by 11.5% in the second quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate’s stock worth $10,740,000 after purchasing an additional 135,087 shares during the period. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on LXU. UBS Group raised LSB Industries from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $9.50 to $11.00 in a research note on Thursday, October 10th. Piper Sandler raised LSB Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $9.00 to $11.00 in a report on Monday, January 13th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $10.00 price objective on shares of LSB Industries in a research report on Monday, November 4th.

LSB Industries Stock Performance

Shares of LXU stock opened at $9.08 on Friday. The business has a 50-day moving average price of $8.38 and a two-hundred day moving average price of $8.26. LSB Industries, Inc. has a 12-month low of $6.74 and a 12-month high of $10.40. The company has a quick ratio of 2.36, a current ratio of 2.53 and a debt-to-equity ratio of 0.95.

LSB Industries Profile

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.