International Assets Investment Management LLC Sells 793,162 Shares of LSB Industries, Inc. (NYSE:LXU)

International Assets Investment Management LLC reduced its position in LSB Industries, Inc. (NYSE:LXU - Free Report) by 87.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 111,354 shares of the conglomerate's stock after selling 793,162 shares during the period. International Assets Investment Management LLC owned 0.16% of LSB Industries worth $857,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Cerity Partners LLC raised its holdings in shares of LSB Industries by 132.2% in the 3rd quarter. Cerity Partners LLC now owns 1,368,201 shares of the conglomerate's stock valued at $11,000,000 after acquiring an additional 778,937 shares in the last quarter. First Eagle Investment Management LLC lifted its position in LSB Industries by 34.1% in the second quarter. First Eagle Investment Management LLC now owns 1,463,395 shares of the conglomerate's stock valued at $11,971,000 after purchasing an additional 372,500 shares during the last quarter. Systematic Financial Management LP grew 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 worth $13,350,000 after acquiring an additional 164,166 shares during the last quarter. American Century Companies Inc. increased its holdings in LSB Industries by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate's stock valued at $10,740,000 after purchasing an additional 135,087 shares during the period. Finally, Pekin Hardy Strauss Inc. increased its stake in shares of LSB Industries by 112.6% during the third quarter. Pekin Hardy Strauss Inc. now owns 128,370 shares of the conglomerate's stock valued at $1,032,000 after buying an additional 68,000 shares during the period. 73.67% of the stock is owned by hedge funds and other institutional investors.

LSB Industries Stock Up 0.8 %

LXU stock traded up $0.06 during trading on Friday, hitting $7.44. 411,107 shares of the stock traded hands, compared to its average volume of 308,318. The stock has a market cap of $532.86 million, a price-to-earnings ratio of -35.43, a price-to-earnings-growth ratio of 20.49 and a beta of 0.89. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.53 and a quick ratio of 2.36. LSB Industries, Inc. has a 1 year low of $6.74 and a 1 year high of $10.40. The firm's 50 day moving average is $8.36 and its two-hundred day moving average is $8.23.

Wall Street Analysts Forecast Growth

Several analysts have commented on LXU shares. Royal Bank of Canada restated an "outperform" rating and issued a $10.00 price objective on shares of LSB Industries in a report on Monday, November 4th. UBS Group upgraded shares of LSB Industries from a "neutral" rating to a "buy" rating and increased their price target for the stock from $9.50 to $11.00 in a research note on Thursday, October 10th.

About 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 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.