Dynamic Technology Lab Private Ltd Invests $314,000 in Lsb Industries Inc. (LXU) Stock

Dynamic Technology Lab Private Ltd purchased a new position in Lsb Industries Inc. (NYSE:LXU) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 39,535 shares of the conglomerate’s stock, valued at approximately $314,000. Dynamic Technology Lab Private Ltd owned approximately 0.14% of Lsb Industries at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of LXU. FMR LLC purchased a new position in Lsb Industries in the 1st quarter worth about $1,272,000. Vanguard Group Inc. increased its stake in Lsb Industries by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 1,076,801 shares of the conglomerate’s stock worth $10,101,000 after purchasing an additional 37,627 shares in the last quarter. Geode Capital Management LLC increased its stake in Lsb Industries by 3.7% in the 1st quarter. Geode Capital Management LLC now owns 144,369 shares of the conglomerate’s stock worth $1,354,000 after purchasing an additional 5,086 shares in the last quarter. KCG Holdings Inc. purchased a new position in Lsb Industries in the 1st quarter worth about $125,000. Finally, Schwab Charles Investment Management Inc. increased its stake in Lsb Industries by 6.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 67,928 shares of the conglomerate’s stock worth $638,000 after purchasing an additional 4,104 shares in the last quarter. 66.09% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Lsb Industries Inc. (NYSE:LXU) traded up $0.04 on Monday, reaching $9.05. The company had a trading volume of 217,900 shares, compared to its average volume of 451,032. Lsb Industries Inc. has a 1 year low of $5.55 and a 1 year high of $11.71. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.60 and a current ratio of 1.85.

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

Separately, ValuEngine raised Lsb Industries from a “strong sell” rating to a “sell” rating in a research note on Friday, September 8th.

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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.

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

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