Luxfer Holdings PLC (NYSE:LXFR) Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. grew its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 2,131.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 312,400 shares of the industrial products company's stock after purchasing an additional 298,400 shares during the period. Hillsdale Investment Management Inc. owned approximately 1.17% of Luxfer worth $4,089,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of LXFR. R Squared Ltd acquired a new position in Luxfer during the fourth quarter worth about $42,000. Globeflex Capital L P purchased a new position in Luxfer during the 4th quarter valued at about $101,000. XTX Topco Ltd acquired a new position in Luxfer during the third quarter worth about $146,000. SG Americas Securities LLC raised its position in Luxfer by 26.9% during the fourth 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 last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Luxfer during the 4th quarter worth approximately $173,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Remove Ads

Luxfer Trading Up 0.3 %

LXFR traded up $0.04 during trading on Thursday, hitting $11.84. The company's stock had a trading volume of 85,422 shares, compared to its average volume of 130,478. Luxfer Holdings PLC has a twelve month low of $9.26 and a twelve month high of $15.64. The stock has a market cap of $316.49 million, a PE ratio of 35.86, a PEG ratio of 1.85 and a beta of 0.93. The firm's 50 day moving average price is $13.26 and its 200-day moving average price is $13.29. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14.

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

Luxfer Announces Dividend

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 4.39%. The ex-dividend date of this dividend was Monday, January 27th. Luxfer's dividend payout ratio (DPR) is 76.47%.

Luxfer 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.