Luxfer Holdings PLC (NYSE:LXFR) Shares Bought by Royce & Associates LP

Royce & Associates LP grew its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 20.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,624,061 shares of the industrial products company's stock after purchasing an additional 275,669 shares during the period. Royce & Associates LP owned 6.06% of Luxfer worth $21,259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Globeflex Capital L P bought a new stake in shares of Luxfer in the 4th quarter worth approximately $101,000. First Eagle Investment Management LLC increased its position in Luxfer by 23.3% in 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 buying an additional 80,500 shares during the period. Proficio Capital Partners LLC bought a new stake in Luxfer in the fourth quarter valued at $173,000. Bailard Inc. boosted its holdings in shares of Luxfer by 51.1% during the fourth quarter. Bailard Inc. now owns 21,300 shares of the industrial products company's stock valued at $279,000 after acquiring an additional 7,200 shares during the period. Finally, Los Angeles Capital Management LLC grew its position in shares of Luxfer by 20.1% during the fourth quarter. Los Angeles Capital Management LLC now owns 60,530 shares of the industrial products company's stock worth $792,000 after acquiring an additional 10,140 shares during the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Luxfer Stock Performance

Shares of NYSE LXFR traded down $0.24 during midday trading on Thursday, hitting $11.89. 104,701 shares of the company's stock were exchanged, compared to its average volume of 131,432. Luxfer Holdings PLC has a twelve month low of $9.26 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The firm has a market cap of $317.83 million, a P/E ratio of 36.02, a PEG ratio of 1.85 and a beta of 0.93. The stock's 50 day moving average price is $13.35 and its 200-day moving average price is $13.27.

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

Luxfer Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.