WINTON GROUP Ltd Reduces Position in Lexington Realty Trust (NYSE:LXP)

WINTON GROUP Ltd lowered its position in Lexington Realty Trust (NYSE:LXP) by 7.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,356 shares of the real estate investment trust’s stock after selling 5,400 shares during the period. WINTON GROUP Ltd’s holdings in Lexington Realty Trust were worth $757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in LXP. DigitalBridge Group Inc. raised its holdings in shares of Lexington Realty Trust by 90.3% in the second quarter. DigitalBridge Group Inc. now owns 605,000 shares of the real estate investment trust’s stock worth $7,230,000 after buying an additional 287,000 shares during the period. Mutual of America Capital Management LLC increased its stake in Lexington Realty Trust by 6.5% in the second quarter. Mutual of America Capital Management LLC now owns 39,469 shares of the real estate investment trust’s stock worth $472,000 after purchasing an additional 2,401 shares during the period. Daiwa Securities Group Inc. lifted its position in shares of Lexington Realty Trust by 10.4% during the second quarter. Daiwa Securities Group Inc. now owns 75,431 shares of the real estate investment trust’s stock worth $901,000 after purchasing an additional 7,134 shares during the last quarter. Teza Capital Management LLC purchased a new stake in shares of Lexington Realty Trust during the second quarter valued at $424,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in shares of Lexington Realty Trust by 5.4% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 101,627 shares of the real estate investment trust’s stock worth $1,214,000 after purchasing an additional 5,185 shares during the last quarter. Institutional investors and hedge funds own 99.88% of the company’s stock.

Several equities research analysts have issued reports on LXP shares. Zacks Investment Research cut shares of Lexington Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday. Wells Fargo & Company boosted their price target on Lexington Realty Trust from $14.00 to $16.00 and gave the company an “overweight” rating in a report on Wednesday, September 8th.

LXP stock opened at $13.37 on Friday. Lexington Realty Trust has a 1-year low of $9.82 and a 1-year high of $14.10. The business has a 50-day moving average price of $13.25 and a 200 day moving average price of $12.38. The company has a market capitalization of $3.71 billion, a P/E ratio of 14.53 and a beta of 0.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.28 and a quick ratio of 0.28.

Lexington Realty Trust (NYSE:LXP) last posted its quarterly earnings results on Thursday, August 5th. The real estate investment trust reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. Lexington Realty Trust had a net margin of 76.04% and a return on equity of 13.71%. The business had revenue of $81.54 million during the quarter, compared to analyst estimates of $78.78 million. During the same quarter in the previous year, the business posted $0.19 EPS. The company’s quarterly revenue was down .3% compared to the same quarter last year. On average, analysts anticipate that Lexington Realty Trust will post 0.76 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 15th. Shareholders of record on Thursday, September 30th will be given a dividend of $0.108 per share. This represents a $0.43 annualized dividend and a yield of 3.23%. The ex-dividend date is Wednesday, September 29th. This is a boost from Lexington Realty Trust’s previous quarterly dividend of $0.11. Lexington Realty Trust’s dividend payout ratio (DPR) is 56.58%.

Lexington Realty Trust Company Profile

Lexington Realty Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.

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Institutional Ownership by Quarter for Lexington Realty Trust (NYSE:LXP)

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