Filing Worth Mentioning Today: Lsb Industries Inc: Golsen Jack E Opened Big New Position

Filing Worth Mentioning Today: Lsb Industries Inc: Golsen Jack E Opened Big New Position

The New Golsen Jack E Holding in Lsb Industries Inc

Golsen Jack E filed with the SEC SC 13D/A form for Lsb Industries Inc. The form can be accessed here: 000119312516758780. As reported in Golsen Jack E’s form, the filler as of late owns 9.7% or 2,809,716 shares of the Materials–company.

Lsb Industries Inc stake is a new one for the and it was filed because of activity on November 3, 2016. We feel this shows Golsen Jack E’s positive view for the stock.

Reasons Why Golsen Jack E Bought – Lsb Industries Inc Stock

Purpose of Transaction.

The information set forth in the Explanatory Note, Item 2 and Item 5 hereof is hereby incorporated by reference.

Lsb Industries Inc Institutional Sentiment

Latest Security and Exchange filings show 127 investors own Lsb Industries Inc. The institutional ownership in Q3 2015 is high, at 59.37% of the outstanding shares. This is decreased by 204750 the total institutional shares. 16587707 were the shares owned by these institutional investors. In total 20 funds opened new Lsb Industries Inc stakes, 51 increased stakes. There were 29 that closed positions and 42 reduced them.

2 managers had the stock in their top Ten. Notable investors are: Eidelman Virant Capital, Robotti Robert, Gendell Jeffrey L..

Zeke Ashton Centaur Capital Partners Lp is an institutional investor bullish on Lsb Industries Inc, owning 27000 shares as of Q3 2015 for 0.62% of its portfolio. Jeffrey Smith Starboard Value Lp owns 1610000 shares or 0.55% of its portfolio. CT Gendell Jeffrey L have 2.74% of their stock portfolio for 863770 shares. Further, Riverloft Capital Management Lp reported stake worth 0.75% of its US stock portfolio. The NY Robotti Robert owns 651714 shares. Lsb Industries Inc is 6.64% of the manager’s US portfolio.

Business Profile

LSB Industries, Inc. is a diversified holding company engaged in manufacturing operations through its subsidiaries. The Company’s segments are Chemical Business, Climate Control Business and Other. Its Chemical Business segment manufactures and sells nitrogen-based chemical products for the agricultural, industrial and mining markets. Its Climate Control Business manufactures and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related products and services. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. Its Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 1.24 in Q2 2016. Its down 0.23, from 1.47 in 2016Q1. The ratio turned negative, as 17 funds sold all LSB Industries, Inc. shares owned while 33 reduced positions. 19 funds bought stakes while 43 increased positions. They now own 18.61 million shares or 15.09% more from 16.17 million shares in 2016Q1.

Gemmer Asset Mgmt Lc holds 0% or 298 shares in its portfolio. Moors & Cabot has 0.06% invested in the company for 29,900 shares. Atwood Palmer last reported 0% of its portfolio in the stock. New York State Teachers Retirement owns 39,582 shares or 0% of their US portfolio. Credit Suisse Ag holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 24,236 shares. Guggenheim Cap Ltd Co holds 0.01% or 240,531 shares in its portfolio. Moreover, Principal Financial Grp Inc Inc has 0% invested in LSB Industries, Inc. (NYSE:LXU) for 144,429 shares. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in LSB Industries, Inc. (NYSE:LXU) for 6,370 shares. Ironwood Inv Management Lc holds 0.24% or 26,255 shares in its portfolio. National Bank Of America Corp De has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Moreover, Tfs Cap Lc has 0.07% invested in LSB Industries, Inc. (NYSE:LXU) for 31,839 shares. Moreover, Rock Point Advsr Ltd has 0.12% invested in LSB Industries, Inc. (NYSE:LXU) for 19,000 shares. Vnbtrust Natl Association has 50,750 shares for 0.36% of their US portfolio. Moreover, Ls Inv Advsrs Ltd Com has 0% invested in LSB Industries, Inc. (NYSE:LXU) for 655 shares. State Street Corp has 0% invested in the company for 358,740 shares.

Insider Transactions: Since May 19, 2016, the stock had 0 buys, and 1 insider sale for $410,376 net activity. LSB Funding LLC sold 34,422 shares worth $410,376.

Analysts await LSB Industries, Inc. (NYSE:LXU) to report earnings on November, 4. They expect $-0.66 earnings per share, down 83.33% or $0.30 from last year’s $-0.36 per share. After $-0.75 actual earnings per share reported by LSB Industries, Inc. for the previous quarter, Wall Street now forecasts -12.00% EPS growth.

About 379,055 shares traded hands. LSB Industries, Inc. (NYSE:LXU) has declined 61.19% since April 1, 2016 and is downtrending. It has underperformed by 62.40% the S&P500.

LSB Industries, Inc. is a diversified holding firm engaged in manufacturing activities through its subsidiaries. The company has a market cap of $145.17 million. The Company’s divisions are Chemical Business, Climate Control Business and Other. It currently has negative earnings. The Company’s Chemical Business segment makes and sells nitrogen chemical products for the agricultural, industrial and mining markets.

LSB Industries, Inc. (NYSE:LXU) Ratings Coverage

Out of 2 analysts covering LSB Industries (NYSE:LXU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. LSB Industries has been the topic of 3 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Feltl & Co upgraded the shares of LXU in a report on Wednesday, March 2 to “Buy” rating. The firm has “Market Outperform” rating by Avondale given on Wednesday, March 9. The stock of LSB Industries, Inc. (NYSE:LXU) has “Hold” rating given on Thursday, August 13 by Zacks.

More notable recent LSB Industries, Inc. (NYSE:LXU) news were published by: Businesswire.com which released: “LSB Industries, Inc. Announces Successful Completion of Consent Solicitation” on September 07, 2016, also Moodys.com with their article: “Moody’s downgraded LSB Industries’ rating to B3 and placed the ratings under …” published on October 14, 2016, Businesswire.com published: “LSB Industries, Inc. Appoints John Diesch Executive Vice President, Chemical …” on August 02, 2016. More interesting news about LSB Industries, Inc. (NYSE:LXU) were released by: Businesswire.com and their article: “LSB Industries, Inc. Provides Update on Its Pryor, Oklahoma Facility” published on October 19, 2016 as well as Businesswire.com‘s news article titled: “LSB Industries, Inc. Announces That Its El Dorado, Arkansas Facility Ammonia …” with publication date: August 05, 2016.

According to Zacks Investment Research, “LSB Industries, Inc. is a diversified holding company which is engaged, through its subsidiaries, in the manufacture and sale of chemical products for the explosives, agricultural and industrial acids markets; the manufacture and sale of a broad range of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential air conditioning systems; and the manufacture or purchase and sale of certain automotive and industrial products, including automotive bearings and other automotive replacement parts.”

LXU Company Profile

LSB Industries, Inc., incorporated on January 21, 1977, is a diversified holding firm engaged in manufacturing activities through its subsidiaries. The Company’s divisions are Chemical Business, Climate Control Business and Other. The Company’s Chemical Business segment makes and sells nitrogen chemical products for the agricultural, industrial and mining markets. It produces chemical products from approximately four facilities located in El Dorado, Arkansas; Cherokee, Alabama; Pryor, Oklahoma, and Baytown, Texas. The Company’s Climate Control Business makes and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related services and products. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. The Company’s climate control business makes and distributes its products from approximately seven facilities located in Oklahoma City, Oklahoma. The Company’s Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment