GAMMA Investing LLC Boosts Stock Holdings in Lsb Industries Inc. (NYSE:LXU)

GAMMA Investing LLC boosted its position in shares of Lsb Industries Inc. (NYSE:LXU) by 21,016.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,279 shares of the conglomerate’s stock after buying an additional 5,254 shares during the period. GAMMA Investing LLC’s holdings in Lsb Industries were worth $35,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Two Sigma Investments LP increased its stake in Lsb Industries by 46.0% during the 4th quarter. Two Sigma Investments LP now owns 102,668 shares of the conglomerate’s stock worth $779,000 after buying an additional 32,337 shares in the last quarter. Systematic Financial Management LP grew its position in shares of Lsb Industries by 6.1% in the fourth quarter. Systematic Financial Management LP now owns 1,762,470 shares of the conglomerate’s stock valued at $13,377,000 after purchasing an additional 102,027 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Lsb Industries by 49.1% in the fourth quarter. ProShare Advisors LLC now owns 15,017 shares of the conglomerate’s stock valued at $114,000 after purchasing an additional 4,943 shares in the last quarter. Millennium Management LLC grew its position in shares of Lsb Industries by 220.9% in the fourth quarter. Millennium Management LLC now owns 248,653 shares of the conglomerate’s stock valued at $1,887,000 after purchasing an additional 171,176 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Lsb Industries by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,578 shares of the conglomerate’s stock valued at $232,000 after purchasing an additional 1,292 shares in the last quarter. 73.67% of the stock is currently owned by hedge funds and other institutional investors.

Lsb Industries Stock Performance

NYSE LXU opened at $7.61 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.51 and a debt-to-equity ratio of 0.97. Lsb Industries Inc. has a 52-week low of $4.88 and a 52-week high of $10.40. The business’s 50-day moving average price is $7.17 and its 200 day moving average price is $7.38. The firm has a market cap of $546.65 million, a P/E ratio of -20.55, a P/E/G ratio of 1.78 and a beta of 1.23.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Tuesday, April 29th. The conglomerate reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). Lsb Industries had a positive return on equity of 0.97% and a negative net margin of 5.04%. The company had revenue of $143.43 million for the quarter, compared to analysts’ expectations of $139.79 million. On average, equities research analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LXU. Wall Street Zen upgraded Lsb Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 31st. Piper Sandler set a $10.00 price objective on Lsb Industries in a research note on Thursday, March 27th. Finally, UBS Group cut their price target on Lsb Industries from $11.00 to $8.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th.

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.