Krilogy Financial LLC Sells 30,000 Shares of LSB Industries, Inc. (NYSE:LXU)

Krilogy Financial LLC decreased its position in LSB Industries, Inc. (NYSE:LXU) by 14.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,750 shares of the conglomerate’s stock after selling 30,000 shares during the quarter. Krilogy Financial LLC owned approximately 0.26% of LSB Industries worth $1,395,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new stake in LSB Industries in the 4th quarter worth about $54,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of LSB Industries in the 3rd quarter worth approximately $93,000. Intech Investment Management LLC bought a new position in shares of LSB Industries in the third quarter valued at approximately $93,000. Private Advisor Group LLC increased its position in shares of LSB Industries by 14.1% during the third quarter. Private Advisor Group LLC now owns 12,628 shares of the conglomerate’s stock valued at $102,000 after acquiring an additional 1,563 shares during the last quarter. Finally, Capstone Investment Advisors LLC bought a new stake in LSB Industries during the third quarter worth $103,000. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on LXU. Royal Bank of Canada reaffirmed an “outperform” rating and set a $10.00 target price on shares of LSB Industries in a research report on Monday, November 4th. UBS Group upgraded shares of LSB Industries from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $9.50 to $11.00 in a report on Thursday, October 10th. Finally, Piper Sandler upgraded shares of LSB Industries from an “underweight” rating to an “overweight” rating and boosted their target price for the company from $9.00 to $11.00 in a research note on Monday, January 13th.

LSB Industries Stock Down 0.7 %

Shares of LXU opened at $9.08 on Friday. LSB Industries, Inc. has a 1 year low of $6.74 and a 1 year 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 stock’s fifty day moving average price is $8.38 and its two-hundred day moving average price is $8.26.

About LSB Industries

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.