The Skandinaviska Enskilda Banken AB publ Has $786,000 Position in Lexington Realty Trust (LXP)

The Skandinaviska Enskilda Banken AB publ Has $786,000 Position in Lexington Realty Trust (LXP)

Skandinaviska Enskilda Banken AB publ maintained its stake in shares of Lexington Realty Trust (NYSE:LXP) during the third quarter, Holdings Channel reports. The fund owned 76,300 shares of the real estate investment trust’s stock at the end of the third quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Lexington Realty Trust were worth $786,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of Lexington Realty Trust by 0.3% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 34,998 shares of the real estate investment trust’s stock worth $360,000 after buying an additional 121 shares during the period. First Allied Advisory Services Inc. boosted its stake in shares of Lexington Realty Trust by 2.1% in the second quarter. First Allied Advisory Services Inc. now owns 21,650 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 449 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Lexington Realty Trust by 0.5% in the third quarter. Louisiana State Employees Retirement System now owns 94,200 shares of the real estate investment trust’s stock worth $970,000 after buying an additional 500 shares during the period. Arizona State Retirement System boosted its stake in shares of Lexington Realty Trust by 0.5% in the third quarter. Arizona State Retirement System now owns 110,351 shares of the real estate investment trust’s stock worth $1,137,000 after buying an additional 500 shares during the period. Finally, Texas Permanent School Fund boosted its stake in shares of Lexington Realty Trust by 0.5% in the third quarter. Texas Permanent School Fund now owns 162,474 shares of the real estate investment trust’s stock worth $1,673,000 after buying an additional 742 shares during the period. Hedge funds and other institutional investors own 70.77% of the company’s stock.

Shares of Lexington Realty Trust (NYSE:LXP) traded down 2.29% on Thursday, hitting $10.67. The company had a trading volume of 1,193,308 shares. The company has a 50 day moving average of $10.69 and a 200-day moving average of $10.42. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 25.22 and a beta of 1.01. Lexington Realty Trust has a 12-month low of $6.52 and a 12-month high of $11.18.

Lexington Realty Trust (NYSE:LXP) last posted its quarterly earnings results on Thursday, November 3rd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.02. The firm had revenue of $106.30 million for the quarter, compared to analyst estimates of $101.21 million. Lexington Realty Trust had a net margin of 24.89% and a return on equity of 7.95%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 earnings per share. On average, analysts forecast that Lexington Realty Trust will post $0.36 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Friday, December 30th were given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 6.56%. The ex-dividend date of this dividend was Wednesday, December 28th. Lexington Realty Trust’s payout ratio is 159.09%.

Separately, KeyCorp reissued a “hold” rating on shares of Lexington Realty Trust in a research note on Tuesday, October 11th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $10.33.

In other Lexington Realty Trust news, EVP Joseph Bonventre sold 5,000 shares of Lexington Realty Trust stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of $10.50, for a total transaction of $52,500.00. Following the transaction, the executive vice president now directly owns 356,438 shares in the company, valued at approximately $3,742,599. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.30% of the company’s stock.

Lexington Realty Trust Company Profile

Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area.

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