Lexington Realty Trust (NYSE:LXP) was downgraded by
research analysts at Jefferies Group from a “buy” rating to a “hold” rating in
a research note issued on Tuesday.
In other Lexington Realty Trust news, CAO Beth Boulerice
sold 7,400 shares of Lexington Realty Trust stock in a transaction dated
Thursday, June 2nd. The stock was sold at an average price of $9.60, for a
total transaction of $71,040.00. Following the completion of the transaction,
the chief accounting officer now owns 190,617 shares of the company’s stock,
valued at approximately $1,829,923.20. The transaction was disclosed in a legal
filing with the Securities & Exchange Commission, which can be accessed
through this link. Also, CEO T Wilson Eglin sold 50,000 shares of
Lexington Realty Trust stock in a transaction dated Friday, June 10th. The
shares were sold at an average price of $9.78, for a total value of
$489,000.00. Following the transaction, the chief executive officer now
directly owns 2,155,854 shares of the company’s stock, valued at approximately
$21,084,252.12. The disclosure for this sale can be found here.
Source: Community Financial News