LSB Industries, Inc. (NYSE:LXU) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its holdings in LSB Industries, Inc. (NYSE:LXU - Free Report) by 9.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,210,722 shares of the conglomerate's stock after selling 122,947 shares during the period. Geode Capital Management LLC owned approximately 1.69% of LSB Industries worth $9,737,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its holdings in shares of LSB Industries by 14.1% during the 3rd 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 period. nVerses Capital LLC purchased a new stake in shares of LSB Industries during the second quarter valued at approximately $34,000. State Street Corp lifted its position in shares of LSB Industries by 0.6% during the third quarter. State Street Corp now owns 1,264,212 shares of the conglomerate's stock worth $10,164,000 after purchasing an additional 7,751 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of LSB Industries by 18.9% during the second quarter. Pekin Hardy Strauss Inc. now owns 60,370 shares of the conglomerate's stock worth $494,000 after purchasing an additional 9,600 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of LSB Industries by 14.3% in the third quarter. The Manufacturers Life Insurance Company now owns 85,931 shares of the conglomerate's stock valued at $691,000 after purchasing an additional 10,762 shares during the period. 73.67% of the stock is owned by institutional investors and hedge funds.

LSB Industries Stock Up 1.4 %

Shares of LSB Industries stock traded up $0.11 during trading on Thursday, reaching $7.70. The company had a trading volume of 299,777 shares, compared to its average volume of 376,053. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53. LSB Industries, Inc. has a fifty-two week low of $6.74 and a fifty-two week high of $10.40. The firm's fifty day moving average is $8.47 and its 200-day moving average is $8.25. The company has a market cap of $551.48 million, a price-to-earnings ratio of -36.66, a price-to-earnings-growth ratio of 20.49 and a beta of 0.85.

Analyst Upgrades and Downgrades

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

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.