Lsb Industries Inc. (LXU) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its holdings in Lsb Industries Inc. (NYSE:LXU) by 60.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 183,811 shares of the conglomerate’s stock after selling 285,213 shares during the quarter. Ameriprise Financial Inc. owned 0.65% of Lsb Industries worth $1,903,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Texas Permanent School Fund grew its holdings in Lsb Industries by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 14,932 shares of the conglomerate’s stock valued at $154,000 after buying an additional 124 shares during the last quarter. Arizona State Retirement System grew its holdings in Lsb Industries by 2.9% in the 1st quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock valued at $100,000 after buying an additional 300 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Lsb Industries by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 68,384 shares of the conglomerate’s stock valued at $707,000 after buying an additional 456 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in Lsb Industries by 6.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock valued at $108,000 after buying an additional 690 shares during the last quarter. Finally, Prudential Financial Inc. grew its holdings in Lsb Industries by 2.0% in the 1st quarter. Prudential Financial Inc. now owns 34,978 shares of the conglomerate’s stock valued at $328,000 after buying an additional 700 shares during the last quarter. 67.46% of the stock is currently owned by hedge funds and other institutional investors.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings results on Monday, October 30th. The conglomerate reported ($0.91) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.12. The firm had revenue of $92.40 million for the quarter, compared to the consensus estimate of $100.49 million. Lsb Industries had a negative return on equity of 13.12% and a negative net margin of 12.19%. The business’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($2.12) earnings per share.

ILLEGAL ACTIVITY NOTICE: “Lsb Industries Inc. (LXU) Shares Sold by Ameriprise Financial Inc.” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of US & international copyright legislation. The legal version of this piece of content can be accessed at https://www.com-unik.info/2017/11/03/lsb-industries-inc-lxu-shares-sold-by-ameriprise-financial-inc.html.

Separately, ValuEngine raised Lsb Industries from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 25th.

About Lsb Industries

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

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

What are top analysts saying about Lsb Industries Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Lsb Industries Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit