$0.25 EPS Expected for Lexington Realty Trust (LXP)

October 14, 2017 - By Linda Rogers

 $0.25 EPS Expected for Lexington Realty Trust (LXP)
Investors sentiment decreased to 1.13 in 2017 Q2. Its down 0.35, from 1.48 in 2017Q1. It turned negative, as 25 investors sold Lexington Realty Trust shares while 73 reduced holdings. 32 funds opened positions while 79 raised stakes. 172.77 million shares or 0.11% less from 172.95 million shares in 2017Q1 were reported.
Federated Invsts Inc Pa invested in 0.02% or 769,939 shares. 43,098 were reported by Meeder Asset Management Inc. Guggenheim Capital Lc owns 836,732 shares or 0.02% of their US portfolio. Benjamin F Edwards Com invested in 0% or 3,100 shares. Balyasny Asset Management Ltd Liability invested 0% in Lexington Realty Trust (NYSE:LXP). Asset One Limited has invested 0.01% of its portfolio in Lexington Realty Trust (NYSE:LXP). Foundry Prtn Limited Liability Corporation holds 1.04M shares or 0.42% of its portfolio. D E Shaw holds 0% in Lexington Realty Trust (NYSE:LXP) or 27,423 shares. Pinebridge Invs L P has invested 0.07% of its portfolio in Lexington Realty Trust (NYSE:LXP). 232 are held by Mufg Americas Corporation. Moreover, Commonwealth Equity has 0% invested in Lexington Realty Trust (NYSE:LXP). Wells Fargo & Mn invested in 583,295 shares or 0% of the stock. Jefferies Grp Limited Com, a New York-based fund reported 19,276 shares. Community Bancorp Of Raymore invested 2.77% of its portfolio in Lexington Realty Trust (NYSE:LXP). Swiss Bancshares stated it has 359,100 shares.

Since May 18, 2017, it had 0 insider purchases, and 2 insider sales for $2.04 million activity. Bonventre Joseph also sold $1.37 million worth of Lexington Realty Trust (NYSE:LXP) on Friday, June 9.

Analysts await Lexington Realty Trust (NYSE:LXP) to report earnings on November, 2. They expect $0.25 earnings per share, down 10.71 % or $0.03 from last year’s $0.28 per share. LXP’s profit will be $60.26 million for 10.58 P/E if the $0.25 EPS becomes a reality. After $0.23 actual earnings per share reported by Lexington Realty Trust for the previous quarter, Wall Street now forecasts 8.70 % EPS growth. The stock increased 0.19% or $0.02 on October 13, reaching $10.58. About 804,745 shares traded. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since October 14, 2016 and is uptrending. It has underperformed by 11.26% the S&P500.

Lexington Realty Trust (NYSE:LXP) Ratings Coverage

Among 10 analysts covering Lexington Realty (NYSE:LXP), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. Lexington Realty had 19 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Lexington Realty Trust (NYSE:LXP) has “Hold” rating given on Wednesday, July 5 by Stifel Nicolaus. The company was downgraded on Tuesday, December 15 by Wells Fargo. Stifel Nicolaus maintained it with “Hold” rating and $1000 target in Tuesday, August 8 report. The stock has “Hold” rating by Ladenburg on Thursday, August 17. The firm earned “Hold” rating on Tuesday, July 19 by Jefferies. On Thursday, May 25 the stock rating was upgraded by Evercore to “Outperform”. The stock has “Neutral” rating by Ladenburg Thalmann on Thursday, May 19. Evercore maintained the stock with “Buy” rating in Tuesday, September 8 report. Jefferies maintained the stock with “Hold” rating in Friday, June 23 report. The stock of Lexington Realty Trust (NYSE:LXP) earned “Hold” rating by Evercore on Monday, June 13.

Lexington Realty Trust is a real estate investment trust . The company has market cap of $2.55 billion. The Firm owns a portfolio of equity and debt investments in single-tenant commercial properties. It has a 64.67 P/E ratio. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased.

More notable recent Lexington Realty Trust (NYSE:LXP) news were published by: Seekingalpha.com which released: “Lexington Realty Trust: Is This 7% Yielding REIT A Buy?” on September 19, 2017, also Seekingalpha.com with their article: “Lexington Realty Trust: Still On Sale” published on August 25, 2017, Globenewswire.com published: “Lexington Realty Trust Announces Quarterly Common Share Dividend” on September 15, 2017. More interesting news about Lexington Realty Trust (NYSE:LXP) were released by: Globenewswire.com and their article: “Lexington Realty Trust Acquires Three-Property Industrial Portfolio for $200 …” published on October 02, 2017 as well as Globenewswire.com‘s news article titled: “Lexington Realty Trust to Report Second Quarter 2017 Financial Results and …” with publication date: July 18, 2017.

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