Barrow Hanley Mewhinney & Strauss LLC boosted its position in LSB Industries, Inc. (NYSE:LXU) by 65.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,095 shares of the conglomerate’s stock after acquiring an additional 52,426 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 0.47% of LSB Industries worth $815,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in LXU. ETF Managers Group LLC bought a new stake in shares of LSB Industries in the first quarter worth approximately $371,000. California Public Employees Retirement System grew its position in LSB Industries by 42.8% during the first quarter. California Public Employees Retirement System now owns 36,269 shares of the conglomerate’s stock valued at $222,000 after buying an additional 10,869 shares during the period. JPMorgan Chase & Co. grew its position in LSB Industries by 119.1% during the first quarter. JPMorgan Chase & Co. now owns 31,492 shares of the conglomerate’s stock valued at $192,000 after buying an additional 17,120 shares during the period. BlackRock Inc. grew its position in LSB Industries by 1.2% during the first quarter. BlackRock Inc. now owns 2,637,893 shares of the conglomerate’s stock valued at $16,171,000 after buying an additional 31,643 shares during the period. Finally, Ironwood Investment Management LLC lifted its holdings in LSB Industries by 10.9% during the first quarter. Ironwood Investment Management LLC now owns 105,853 shares of the conglomerate’s stock valued at $649,000 after purchasing an additional 10,403 shares in the last quarter. 58.17% of the stock is currently owned by institutional investors and hedge funds.
Separately, ValuEngine raised shares of LSB Industries from a “sell” rating to a “hold” rating in a report on Tuesday, June 12th.
LSB Industries opened at $5.30 on Friday, MarketBeat reports. The company has a quick ratio of 1.45, a current ratio of 1.67 and a debt-to-equity ratio of 0.94. LSB Industries, Inc. has a twelve month low of $4.75 and a twelve month high of $11.71.
LSB Industries (NYSE:LXU) last released its quarterly earnings data on Wednesday, April 25th. The conglomerate reported ($0.49) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.36) by ($0.13). The business had revenue of $100.45 million during the quarter. LSB Industries had a negative return on equity of 6.77% and a negative net margin of 7.12%.
About LSB Industries
LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States and internationally. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (AN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.
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