LSB Industries, Inc. (NYSE:LXU) Stock Position Increased by Morgan Stanley

Morgan Stanley lifted its position in LSB Industries, Inc. (NYSE:LXU) by 490.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 101,658 shares of the conglomerate’s stock after buying an additional 84,441 shares during the period. Morgan Stanley owned approximately 0.35% of LSB Industries worth $396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LXU. BlackRock Inc. lifted its position in shares of LSB Industries by 2.2% in the second quarter. BlackRock Inc. now owns 3,116,020 shares of the conglomerate’s stock worth $12,153,000 after buying an additional 67,015 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of LSB Industries by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,351,332 shares of the conglomerate’s stock valued at $5,270,000 after buying an additional 35,248 shares during the period. Eidelman Virant Capital raised its holdings in shares of LSB Industries by 3.5% during the 2nd quarter. Eidelman Virant Capital now owns 460,214 shares of the conglomerate’s stock valued at $1,794,000 after buying an additional 15,548 shares during the period. Renaissance Technologies LLC raised its holdings in shares of LSB Industries by 14.2% during the 2nd quarter. Renaissance Technologies LLC now owns 319,499 shares of the conglomerate’s stock valued at $1,246,000 after buying an additional 39,800 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of LSB Industries by 2.1% during the 2nd quarter. Northern Trust Corp now owns 275,833 shares of the conglomerate’s stock valued at $1,076,000 after buying an additional 5,595 shares during the period. 69.15% of the stock is currently owned by institutional investors.

Shares of LXU traded up $0.03 during mid-day trading on Tuesday, hitting $4.39. The stock had a trading volume of 775 shares, compared to its average volume of 98,321. The company has a market cap of $126.34 million, a PE ratio of -1.25 and a beta of 4.29. The company’s fifty day simple moving average is $5.04 and its two-hundred day simple moving average is $4.61. The company has a quick ratio of 1.32, a current ratio of 1.52 and a debt-to-equity ratio of 1.60. LSB Industries, Inc. has a fifty-two week low of $2.81 and a fifty-two week high of $8.26.

Several research analysts have recently commented on the company. ValuEngine lowered LSB Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 5th. Zacks Investment Research lowered LSB Industries from a “hold” rating to a “sell” rating in a research report on Friday, November 1st.

In other LSB Industries news, Director Lynn F. White bought 10,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were purchased at an average price of $4.21 per share, with a total value of $42,100.00. Following the purchase, the director now directly owns 44,689 shares of the company’s stock, valued at $188,140.69. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 16.30% of the stock is currently owned by company insiders.

About LSB Industries

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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

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