Barrow Hanley Mewhinney & Strauss LLC Raises Position in LSB Industries, Inc. (NYSE:LXU)

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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.

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

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