Artisan Partners Limited Partnership boosted its holdings in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 17.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 785,487 shares of the industrial products company's stock after acquiring an additional 115,623 shares during the period. Artisan Partners Limited Partnership owned 2.93% of Luxfer worth $10,282,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in Luxfer by 1.6% in the 3rd quarter. FMR LLC now owns 2,725,821 shares of the industrial products company's stock valued at $35,299,000 after purchasing an additional 43,559 shares during the last quarter. Barclays PLC raised its position in shares of Luxfer by 64.2% in the third quarter. Barclays PLC now owns 66,809 shares of the industrial products company's stock valued at $865,000 after buying an additional 26,112 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of Luxfer by 75.4% during the third quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company's stock valued at $248,000 after buying an additional 8,223 shares during the period. First Eagle Investment Management LLC boosted its position in Luxfer by 23.3% during the fourth quarter. First Eagle Investment Management LLC now owns 425,656 shares of the industrial products company's stock worth $5,572,000 after acquiring an additional 80,500 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Luxfer by 129.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,727 shares of the industrial products company's stock worth $359,000 after acquiring an additional 15,641 shares during the period. 90.82% of the stock is owned by institutional investors and hedge funds.
Luxfer Trading Down 1.0 %
Shares of NYSE:LXFR traded down $0.12 during trading on Wednesday, reaching $11.62. 17,859 shares of the stock were exchanged, compared to its average volume of 135,032. Luxfer Holdings PLC has a 12-month low of $9.26 and a 12-month high of $15.64. The firm's 50-day moving average price is $13.10 and its 200 day moving average price is $13.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. The firm has a market cap of $310.61 million, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.85 and a beta of 0.93.
Luxfer (NYSE:LXFR - Get Free Report) last posted its earnings results on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. The business had revenue of $103.40 million for the quarter, compared to analyst estimates of $89.50 million. On average, sell-side analysts anticipate that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.
Luxfer Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Friday, January 17th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.48%. The ex-dividend date was Monday, January 27th. Luxfer's dividend payout ratio (DPR) is presently 76.47%.
Analysts Set New Price Targets
Separately, StockNews.com raised Luxfer from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 21st.
Read Our Latest Stock Report on LXFR
Luxfer Company Profile
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Free Report)
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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