LSB Industries, Inc. (NYSE:LXU) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC grew its position in shares of LSB Industries, Inc. (NYSE:LXU - Free Report) by 132.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,368,201 shares of the conglomerate's stock after acquiring an additional 778,937 shares during the period. Cerity Partners LLC owned about 1.91% of LSB Industries worth $11,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. nVerses Capital LLC purchased a new stake in shares of LSB Industries during the 2nd quarter valued at about $34,000. Bayesian Capital Management LP bought a new position in shares of LSB Industries in the 1st quarter worth approximately $97,000. Intech Investment Management LLC purchased a new position in shares of LSB Industries in the third quarter worth approximately $93,000. Private Advisor Group LLC increased its holdings in LSB Industries by 14.1% during the third quarter. Private Advisor Group LLC now owns 12,628 shares of the conglomerate's stock valued at $102,000 after buying an additional 1,563 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in LSB Industries in the second quarter worth approximately $116,000. Hedge funds and other institutional investors own 73.67% of the company's stock.

Wall Street Analyst Weigh In

LXU has been the topic of a number of analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $10.00 price objective on shares of LSB Industries in a research report on Monday, November 4th. Piper Sandler upped their target price on shares of LSB Industries from $8.80 to $9.00 and gave the stock an "underweight" rating in a research report on Thursday, August 8th. Finally, UBS Group upgraded shares of LSB Industries from a "neutral" rating to a "buy" rating and lifted their price target for the company from $9.50 to $11.00 in a report on Thursday, October 10th.

LSB Industries Trading Down 0.7 %

Shares of NYSE:LXU traded down $0.07 during trading on Wednesday, reaching $8.67. The company's stock had a trading volume of 162,228 shares, compared to its average volume of 385,281. The firm's 50 day simple moving average is $8.56 and its two-hundred day simple moving average is $8.43. The company has a current ratio of 2.53, a quick ratio of 2.36 and a debt-to-equity ratio of 0.95. LSB Industries, Inc. has a 12 month low of $6.74 and a 12 month high of $10.40. The stock has a market capitalization of $620.59 million, a PE ratio of -41.57, a price-to-earnings-growth ratio of 20.84 and a beta of 0.84.

LSB Industries Company 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.