UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $754,000 Stock Holdings in LSB Industries, Inc. (NYSE:LXU)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of LSB Industries, Inc. (NYSE:LXU) by 3.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 93,842 shares of the conglomerate’s stock after selling 3,018 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in LSB Industries were worth $754,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC raised its holdings in shares of LSB Industries by 691.2% during the third quarter. International Assets Investment Management LLC now owns 904,516 shares of the conglomerate’s stock worth $7,272,000 after acquiring an additional 790,194 shares in the last quarter. Cerity Partners LLC raised its stake in shares of LSB Industries by 132.2% during the 3rd quarter. Cerity Partners LLC now owns 1,368,201 shares of the conglomerate’s stock worth $11,000,000 after purchasing an additional 778,937 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of LSB Industries by 34.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,463,395 shares of the conglomerate’s stock valued at $11,971,000 after buying an additional 372,500 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of LSB Industries by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate’s stock valued at $10,740,000 after buying an additional 135,087 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its stake in shares of LSB Industries by 112.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 128,370 shares of the conglomerate’s stock valued at $1,032,000 after buying an additional 68,000 shares in the last quarter. 73.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LXU has been the subject of a number of analyst reports. UBS Group upgraded shares of LSB Industries from a “neutral” rating to a “buy” rating and lifted their target price for the company from $9.50 to $11.00 in a research note on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and set a $10.00 price target on shares of LSB Industries in a report on Monday, November 4th.

LSB Industries Stock Down 2.9 %

Shares of LXU stock opened at $7.60 on Friday. The stock’s 50 day simple moving average is $8.79 and its 200 day simple moving average is $8.35. LSB Industries, Inc. has a twelve month low of $6.74 and a twelve month high of $10.40. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53. The company has a market capitalization of $544.32 million, a price-to-earnings ratio of -36.19, a PEG ratio of 20.84 and a beta of 0.85.

LSB Industries Company 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.