Nordwand Advisors LLC Has $247,000 Holdings in LSB Industries, Inc. (NYSE:LXU)

Nordwand Advisors LLC lowered its position in shares of LSB Industries, Inc. (NYSE:LXU - Free Report) by 80.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,767 shares of the conglomerate's stock after selling 125,183 shares during the period. LSB Industries comprises about 0.1% of Nordwand Advisors LLC's portfolio, making the stock its 23rd biggest position. Nordwand Advisors LLC's holdings in LSB Industries were worth $247,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. First Eagle Investment Management LLC raised its stake in LSB Industries by 9.3% during the first quarter. First Eagle Investment Management LLC now owns 1,090,895 shares of the conglomerate's stock worth $9,578,000 after buying an additional 92,500 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of LSB Industries by 691.2% in the 3rd quarter. International Assets Investment Management LLC now owns 904,516 shares of the conglomerate's stock worth $7,272,000 after acquiring an additional 790,194 shares in the last quarter. Comerica Bank acquired a new position in shares of LSB Industries in the 1st quarter valued at about $210,000. Price T Rowe Associates Inc. MD boosted its position in shares of LSB Industries by 6.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 31,581 shares of the conglomerate's stock valued at $278,000 after purchasing an additional 1,837 shares in the last quarter. Finally, 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 purchasing an additional 1,563 shares during the period. Institutional investors own 73.67% of the company's stock.

LSB Industries Stock Down 2.5 %

Shares of NYSE:LXU traded down $0.22 during trading on Friday, reaching $8.72. 245,008 shares of the stock were exchanged, compared to its average volume of 391,234. LSB Industries, Inc. has a 1-year low of $6.74 and a 1-year high of $10.40. The stock has a fifty day moving average of $8.24 and a two-hundred day moving average of $8.42. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.53 and a quick ratio of 2.36. The firm has a market cap of $624.53 million, a price-to-earnings ratio of -41.52, a price-to-earnings-growth ratio of 1.67 and a beta of 0.84.

Wall Street Analyst Weigh In

LXU has been the topic of a number of research analyst reports. Piper Sandler increased their price target on LSB Industries from $8.80 to $9.00 and gave the stock an "underweight" rating in a report on Thursday, August 8th. UBS Group raised shares of LSB Industries from a "neutral" rating to a "buy" rating and increased their target price for the stock from $9.50 to $11.00 in a research note on Thursday, October 10th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $10.00 price target on shares of LSB Industries in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, LSB Industries presently has an average rating of "Hold" and an average target price of $10.25.

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.