Analyst Activity – Ladenburg Thalmann Financial Services Reiterates Hold on Lexington Realty Trust (NYSE:LXP)

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Analyst Ratings For Lexington Realty Trust (NYSE:LXP)

Today, Ladenburg Thalmann Financial Services reiterated its Hold rating on Lexington Realty Trust (NYSE:LXP).

There are 2 sell ratings, 5 hold ratings on the stock.

The current consensus rating on Lexington Realty Trust (NYSE:LXP) is Hold (Score: 1.71) with a consensus target price of $10.33 per share, a potential 0.62% upside.

Some recent analyst ratings include

  • 3/20/2017-Ladenburg Thalmann Financial Services Reiterated Rating of Hold.
  • 1/23/2017-Barclays PLC was Downgraded by analysts at Barclays PLC from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $10.00 price target on the stock, up previously from $11.00 .
  • 10/11/2016-KeyCorp Reiterated Rating of Hold.
  • 8/10/2016-Jefferies Group LLC Reiterated Rating of Hold .
  • 6/13/2016-Evercore ISI was Downgraded by analysts at Evercore ISI from a “Buy ” rating to a ” Hold” rating. They now have a $10.00 price target on the stock, up previously from $9.75 .
  • 5/5/2016-Wells Fargo & Co Reiterated Rating of Hold.
  • 3/29/2016-Bank of America Corp was Downgraded by analysts at Bank of America Corp from a “Neutral ” rating to a ” Underperform” rating.

Dividend information for Lexington Realty Trust (NYSE:LXP)

Lexington Realty Trust (NYSE:LXP) pays an annual dividend of $0.70 with a yield of 6.82% and an average dividend growth of 4.50% based on a 3 Year Average..

Dividend History for Lexington Realty Trust (NYSE:LXP)

  • On 3/15/2017 Lexington Realty Trust announced a quarterly dividend of $0.18 6.9% with an ex dividend date of 3/29/2017 which will be payable on 4/17/2017.
  • On 12/14/2016 Lexington Realty Trust announced a quarterly dividend of $0.18 6.67% with an ex dividend date of 12/28/2016 which will be payable on 1/17/2017.
  • On 9/16/2016 Lexington Realty Trust announced a quarterly dividend of $0.18 6.83% with an ex dividend date of 9/28/2016 which will be payable on 10/17/2016.
  • On 6/15/2016 Lexington Realty Trust announced a quarterly dividend of $0.17 6.98% with an ex dividend date of 6/28/2016 which will be payable on 7/15/2016.
  • On 3/15/2016 Lexington Realty Trust announced a quarterly dividend of $0.17 7.97% with an ex dividend date of 3/29/2016 which will be payable on 4/15/2016.
  • On 12/15/2015 Lexington Realty Trust announced a quarterly dividend of $0.17 8.25% with an ex dividend date of 12/29/2015 which will be payable on 1/15/2016.
  • On 9/16/2015 Lexington Realty Trust announced a quarterly dividend of $0.17 8.14% with an ex dividend date of 9/28/2015 which will be payable on 10/15/2015.

Recent Insider Trading Activity For Lexington Realty Trust (NYSE:LXP)
Lexington Realty Trust (NYSE:LXP) has insider ownership of 3.30% and institutional ownership of 71.34%.

  • On 12/15/2016 Joseph Bonventre, EVP, sold 5,000 with an average share price of $10.50 per share and the total transaction amounting to $52,500.00. View SEC Filing
  • On 8/22/2016 T Wilson Eglin, CEO, sold 25,000 with an average share price of $10.70 per share and the total transaction amounting to $267,500.00. View SEC Filing
  • On 8/16/2016 Richard J Rouse, Vice Chairman, sold 25,000 with an average share price of $10.70 per share and the total transaction amounting to $267,500.00. View SEC Filing
  • On 6/10/2016 T Wilson Eglin, CEO, sold 50,000 with an average share price of $9.78 per share and the total transaction amounting to $489,000.00. View SEC Filing
  • On 6/2/2016 Beth Boulerice, CAO, sold 7,400 with an average share price of $9.60 per share and the total transaction amounting to $71,040.00. View SEC Filing
  • On 5/17/2016 Richard J Rouse, Vice Chairman, sold 10,000 with an average share price of $9.18 per share and the total transaction amounting to $91,800.00. View SEC Filing
  • On 5/10/2016 Joseph Bonventre, EVP, sold 13,979 with an average share price of $9.26 per share and the total transaction amounting to $129,445.54. View SEC Filing

About Lexington Realty Trust (NYSE:LXP)
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. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.

Recent Trading Activity for Lexington Realty Trust (NYSE:LXP)
Shares of Lexington Realty Trust closed the previous trading session at 10.27 up +0.13 1.28% with 4,263,688 shares trading hands.

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