Citadel Advisors LLC Invests $50,000 in LSB Industries, Inc. (NYSE:LXU)

Citadel Advisors LLC purchased a new position in LSB Industries, Inc. (NYSE:LXU) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,808 shares of the conglomerate’s stock, valued at approximately $50,000.

Several other large investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its position in shares of LSB Industries by 331.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,498 shares of the conglomerate’s stock worth $28,000 after purchasing an additional 3,456 shares during the last quarter. Northern Trust Corp raised its stake in LSB Industries by 2.1% during the 2nd quarter. Northern Trust Corp now owns 275,833 shares of the conglomerate’s stock worth $1,076,000 after buying an additional 5,595 shares during the period. A.R.T. Advisors LLC acquired a new stake in LSB Industries during the 2nd quarter worth $44,000. Eidelman Virant Capital raised its stake in LSB Industries by 3.5% during the 2nd quarter. Eidelman Virant Capital now owns 460,214 shares of the conglomerate’s stock worth $1,794,000 after buying an additional 15,548 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in LSB Industries by 27.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 132,275 shares of the conglomerate’s stock worth $516,000 after buying an additional 28,356 shares during the period. Institutional investors and hedge funds own 70.04% of the company’s stock.

In other LSB Industries news, CEO Mark T. Behrman acquired 19,300 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were acquired at an average price of $5.14 per share, with a total value of $99,202.00. Following the purchase, the chief executive officer now owns 591,384 shares of the company’s stock, valued at approximately $3,039,713.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lynn F. White acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were acquired at an average cost of $4.21 per share, for a total transaction of $42,100.00. Following the purchase, the director now directly owns 44,689 shares in the company, valued at approximately $188,140.69. The disclosure for this purchase can be found here. Insiders have purchased a total of 49,020 shares of company stock worth $245,029 in the last ninety days. 16.30% of the stock is currently owned by company insiders.



Several analysts recently commented on the company. Zacks Investment Research downgraded LSB Industries from a “buy” rating to a “hold” rating in a research note on Saturday. ValuEngine raised LSB Industries from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 10th.

Shares of LSB Industries stock opened at $5.31 on Friday. The company has a market capitalization of $145.07 million, a PE ratio of -1.52 and a beta of 4.33. LSB Industries, Inc. has a 12 month low of $2.81 and a 12 month high of $9.15. The company has a current ratio of 1.98, a quick ratio of 1.75 and a debt-to-equity ratio of 1.40. The stock’s fifty day simple moving average is $5.24 and its 200 day simple moving average is $4.86.

LSB Industries (NYSE:LXU) last issued its quarterly earnings data on Monday, July 29th. The conglomerate reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.47) by $0.42. The business had revenue of $121.53 million for the quarter, compared to the consensus estimate of $97.55 million. LSB Industries had a negative return on equity of 13.19% and a negative net margin of 11.29%. Analysts predict that LSB Industries, Inc. will post -2.29 EPS for the current fiscal year.

LSB Industries Profile

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Institutional Ownership by Quarter for LSB Industries (NYSE:LXU)

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