Krilogy Financial LLC Has $1.40 Million Stock Position in LSB Industries, Inc. (NYSE:LXU)

Krilogy Financial LLC cut its holdings in LSB Industries, Inc. (NYSE:LXU - Free Report) by 14.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 183,750 shares of the conglomerate's stock after selling 30,000 shares during the period. Krilogy Financial LLC owned approximately 0.26% of LSB Industries worth $1,395,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of LXU. FNY Investment Advisers LLC bought a new position in LSB Industries during the 4th quarter worth $54,000. Intech Investment Management LLC acquired a new position in LSB Industries in the third quarter valued at about $93,000. Dynamic Technology Lab Private Ltd bought a new stake in LSB Industries during the third quarter worth about $93,000. Private Advisor Group LLC grew its stake in LSB Industries by 14.1% during the third quarter. Private Advisor Group LLC now owns 12,628 shares of the conglomerate's stock worth $102,000 after buying an additional 1,563 shares in the last quarter. Finally, Capstone Investment Advisors LLC acquired a new position in shares of LSB Industries in the 3rd quarter valued at approximately $103,000. 73.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LXU. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $10.00 target price on shares of LSB Industries in a report on Monday, November 4th. Piper Sandler raised shares of LSB Industries from an "underweight" rating to an "overweight" rating and increased their target price for the stock from $9.00 to $11.00 in a report on Monday, January 13th. Finally, UBS Group raised 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 LXU stock traded down $0.07 during mid-day trading on Friday, reaching $9.08. 289,826 shares of the stock traded hands, compared to its average volume of 276,380. The stock's fifty day simple moving average is $8.38 and its two-hundred day simple moving average is $8.26. LSB Industries, Inc. has a 1-year low of $6.74 and a 1-year 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. The company has a market cap of $649.95 million, a price-to-earnings ratio of -43.21, a price-to-earnings-growth ratio of 0.92 and a beta of 0.89.

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.