First Eagle Investment Management LLC Acquires 80,500 Shares of Luxfer Holdings PLC (NYSE:LXFR)

First Eagle Investment Management LLC boosted its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 23.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 425,656 shares of the industrial products company's stock after purchasing an additional 80,500 shares during the period. First Eagle Investment Management LLC owned about 1.59% of Luxfer worth $5,572,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. R Squared Ltd purchased a new position in Luxfer during the 4th quarter valued at about $42,000. XTX Topco Ltd purchased a new position in Luxfer during the 3rd quarter valued at about $146,000. SG Americas Securities LLC grew its holdings in shares of Luxfer by 26.9% during the 4th quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company's stock worth $166,000 after acquiring an additional 2,690 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Luxfer during the 4th quarter worth approximately $173,000. Finally, MML Investors Services LLC grew its holdings in shares of Luxfer by 75.4% during the 3rd quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company's stock worth $248,000 after acquiring an additional 8,223 shares during the period. Hedge funds and other institutional investors own 90.82% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Luxfer from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 21st.

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Luxfer Stock Down 1.9 %

Shares of Luxfer stock traded down $0.24 during midday trading on Thursday, hitting $11.89. The company had a trading volume of 104,701 shares, compared to its average volume of 131,432. 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 stock has a market capitalization of $317.83 million, a P/E ratio of 36.02, a P/E/G ratio of 1.85 and a beta of 0.93. The company has a 50 day moving average of $13.35 and a 200 day moving average of $13.27. Luxfer Holdings PLC has a 52-week low of $9.26 and a 52-week high of $15.64.

Luxfer (NYSE:LXFR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. The company had revenue of $103.40 million for the quarter, compared to the consensus estimate of $89.50 million. Luxfer had a return on equity of 9.26% and a net margin of 2.37%. On average, equities analysts predict that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.

Luxfer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Friday, January 17th were given a $0.13 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.52 annualized dividend and a yield of 4.38%. Luxfer's dividend payout ratio (DPR) is presently 76.47%.

Luxfer Company Profile

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.