SG Americas Securities LLC cut its stake in Lexington Realty Trust (NYSE:LXP) by 31.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,197 shares of the real estate investment trust’s stock after selling 52,137 shares during the quarter. SG Americas Securities LLC’s holdings in Lexington Realty Trust were worth $1,102,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its position in Lexington Realty Trust by 3.0% during the second quarter. Public Employees Retirement System of Ohio now owns 36,202 shares of the real estate investment trust’s stock valued at $359,000 after buying an additional 1,069 shares during the period. PNC Financial Services Group Inc. grew its position in Lexington Realty Trust by 17.6% during the second quarter. PNC Financial Services Group Inc. now owns 23,372 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 3,504 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in Lexington Realty Trust by 4.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 99,702 shares of the real estate investment trust’s stock valued at $988,000 after buying an additional 3,919 shares during the period. M&T Bank Corp grew its position in Lexington Realty Trust by 37.7% during the second quarter. M&T Bank Corp now owns 18,251 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 4,994 shares during the period. Finally, Rhumbline Advisers grew its position in Lexington Realty Trust by 1.1% during the third quarter. Rhumbline Advisers now owns 513,001 shares of the real estate investment trust’s stock valued at $5,243,000 after buying an additional 5,377 shares during the period. Hedge funds and other institutional investors own 73.47% of the company’s stock.

Shares of Lexington Realty Trust (LXP) opened at $8.30 on Wednesday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.73. The stock has a market cap of $2,004.56, a P/E ratio of 30.74, a P/E/G ratio of 2.07 and a beta of 0.85. Lexington Realty Trust has a 12-month low of $7.98 and a 12-month high of $11.42.

Several brokerages recently issued reports on LXP. ValuEngine lowered shares of Lexington Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered shares of Lexington Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Lexington Realty Trust in a research report on Tuesday, November 28th. Jefferies Group restated a “hold” rating and set a $11.00 target price on shares of Lexington Realty Trust in a research report on Tuesday, October 24th. Finally, Evercore ISI lowered shares of Lexington Realty Trust from an “outperform” rating to an “in-line” rating in a research report on Monday, December 11th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $10.95.

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Lexington Realty Trust Profile

Lexington Realty Trust is a real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant commercial properties. 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.

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Institutional Ownership by Quarter for Lexington Realty Trust (NYSE:LXP)

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