Systematic Financial Management LP Has $13.35 Million Stock Holdings in LSB Industries, Inc. (NYSE:LXU)

Systematic Financial Management LP grew its stake in shares of LSB Industries, Inc. (NYSE:LXU - Free Report) by 11.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,660,443 shares of the conglomerate's stock after acquiring an additional 164,166 shares during the quarter. Systematic Financial Management LP owned about 2.32% of LSB Industries worth $13,350,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its position in shares of LSB Industries by 1.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,364,562 shares of the conglomerate's stock worth $19,342,000 after buying an additional 37,419 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of LSB Industries by 1.4% during the 2nd quarter. Renaissance Technologies LLC now owns 1,816,865 shares of the conglomerate's stock worth $14,862,000 after buying an additional 25,713 shares during the last quarter. First Eagle Investment Management LLC lifted its position in shares of LSB Industries by 34.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,463,395 shares of the conglomerate's stock worth $11,971,000 after buying an additional 372,500 shares during the last quarter. Cerity Partners LLC lifted its position in shares of LSB Industries by 132.2% during the 3rd quarter. Cerity Partners LLC now owns 1,368,201 shares of the conglomerate's stock worth $11,000,000 after buying an additional 778,937 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of LSB Industries by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate's stock worth $10,740,000 after buying an additional 135,087 shares during the last quarter. 73.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LXU has been the subject of several recent analyst reports. Piper Sandler upped their price objective on LSB Industries from $8.80 to $9.00 and gave the stock an "underweight" rating in a research report on Thursday, August 8th. 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. Finally, UBS Group raised LSB Industries from a "neutral" rating to a "buy" rating and upped their target price for the stock from $9.50 to $11.00 in a report on Thursday, October 10th.

LSB Industries Price Performance

LXU traded down $0.26 on Friday, reaching $8.62. The stock had a trading volume of 199,484 shares, compared to its average volume of 380,384. LSB Industries, Inc. has a fifty-two week low of $6.74 and a fifty-two week high of $10.40. The firm has a 50-day moving average of $8.73 and a 200-day moving average of $8.42. The company has a current ratio of 2.53, a quick ratio of 2.36 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $617.37 million, a price-to-earnings ratio of -41.05, a price-to-earnings-growth ratio of 21.07 and a beta of 0.85.

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.