International Assets Investment Management LLC Sells 793,162 Shares of LSB Industries, Inc. (NYSE:LXU)

International Assets Investment Management LLC trimmed its position in LSB Industries, Inc. (NYSE:LXU) by 87.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 111,354 shares of the conglomerate’s stock after selling 793,162 shares during the period. International Assets Investment Management LLC’s holdings in LSB Industries were worth $857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. American Century Companies Inc. increased its position in LSB Industries by 11.5% during the second quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate’s stock worth $10,740,000 after acquiring an additional 135,087 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of LSB Industries by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,364,562 shares of the conglomerate’s stock valued at $19,342,000 after buying an additional 37,419 shares during the period. Renaissance Technologies LLC grew its position in LSB Industries by 1.4% during the second quarter. Renaissance Technologies LLC now owns 1,816,865 shares of the conglomerate’s stock worth $14,862,000 after buying an additional 25,713 shares in the last quarter. Moors & Cabot Inc. increased its stake in LSB Industries by 132.2% during the 2nd quarter. Moors & Cabot Inc. now owns 43,300 shares of the conglomerate’s stock worth $354,000 after acquiring an additional 24,650 shares during the period. Finally, Pekin Hardy Strauss Inc. raised its holdings in LSB Industries by 18.9% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 60,370 shares of the conglomerate’s stock valued at $494,000 after acquiring an additional 9,600 shares in the last quarter. Institutional investors and hedge funds own 73.67% of the company’s stock.

Analyst Upgrades and Downgrades

LXU has been the topic of a number of analyst reports. UBS Group upgraded shares of LSB Industries from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $9.50 to $11.00 in a research note on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and set a $10.00 price objective on shares of LSB Industries in a research report on Monday, November 4th.

LSB Industries Trading Down 3.9 %

Shares of LSB Industries stock opened at $7.36 on Friday. The firm’s 50 day moving average is $8.37 and its 200 day moving average is $8.23. The firm has a market capitalization of $527.13 million, a PE ratio of -35.05, a price-to-earnings-growth ratio of 20.49 and a beta of 0.89. LSB Industries, Inc. has a 1 year low of $6.74 and a 1 year high of $10.40. The company has a current ratio of 2.53, a quick ratio of 2.36 and a debt-to-equity ratio of 0.95.

LSB Industries Profile

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.