Dimensional Fund Advisors LP Sells 142,680 Shares of LSB Industries, Inc. (LXU)

Dimensional Fund Advisors LP decreased its position in LSB Industries, Inc. (NYSE:LXU) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,420,760 shares of the conglomerate’s stock after selling 142,680 shares during the quarter. Dimensional Fund Advisors LP owned 0.05% of LSB Industries worth $11,281,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in LSB Industries by 10.6% in the second quarter. Vanguard Group Inc. now owns 1,191,419 shares of the conglomerate’s stock valued at $12,308,000 after acquiring an additional 114,618 shares in the last quarter. Parametric Portfolio Associates LLC grew its position in LSB Industries by 6.6% in the second quarter. Parametric Portfolio Associates LLC now owns 590,880 shares of the conglomerate’s stock valued at $6,104,000 after acquiring an additional 36,444 shares in the last quarter. State Street Corp grew its position in LSB Industries by 2.9% in the second quarter. State Street Corp now owns 454,088 shares of the conglomerate’s stock valued at $4,685,000 after acquiring an additional 12,920 shares in the last quarter. FMR LLC grew its position in LSB Industries by 132.4% in the second quarter. FMR LLC now owns 315,200 shares of the conglomerate’s stock valued at $3,256,000 after acquiring an additional 179,560 shares in the last quarter. Finally, Northern Trust Corp grew its position in LSB Industries by 2.0% in the second quarter. Northern Trust Corp now owns 258,802 shares of the conglomerate’s stock valued at $2,673,000 after acquiring an additional 4,998 shares in the last quarter. 65.91% of the stock is owned by institutional investors.

Shares of LSB Industries, Inc. (NYSE LXU) opened at $8.81 on Monday. 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. The firm has a market cap of $253.94, a P/E ratio of -2.96 and a beta of 4.59.

LSB Industries (NYSE:LXU) last released 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. LSB Industries had a negative net margin of 12.19% and a negative return on equity of 13.12%. The business had revenue of $92.40 million during the quarter, compared to the consensus estimate of $100.49 million. During the same quarter last year, the company earned ($2.12) earnings per share. The business’s quarterly revenue was up 15.1% compared to the same quarter last year.

Separately, ValuEngine downgraded shares of LSB Industries from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th.

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LSB Industries Company Profile

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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