SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (70884)5/15/2023 9:04:53 AM
From: E_K_S1 Recommendation

Recommended By
Grommit

  Read Replies (1) of 78917
 
Re: LXP Upgraded by KeyBanc

Overweight from Sector Weight; Sees Stock 'Attractively Valued" Price Target $12.

LXP Industrial Trust is a real estate investment trust. It focused on single-tenant industrial real estate investments. The company's industrial portfolio includes acquisitions, development projects and build-to-suit and sale/leaseback transactions. LXP Industrial Trust, formerly known as Lexington Realty Trust, is based in NEW YORK.
Started accumulating LXP based on this article dated Feb 2022:

Activist Investor Jonathan Litt Eyes LXP Industrial Trust

Jonathan Litt’s Land & Buildings Investment Management is exploring a $4.5 billion acquisition for the industrial REIT.

The letter puts a price on the potential acquisition at $16 per share.
Have built a nice core position w/ 7 Buys in 2022 w/ avg cost at $10.62/share. Prices range from $8.82/share to $11.10/share

Will peel off my high cost shares first at/above $12.95/share
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext