Van Lanschot Kempen Investment Management N.V. lowered its stake in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 24.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,885,818 shares of the industrial products company's stock after selling 624,281 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned about 7.04% of Luxfer worth $24,685,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp grew its stake in shares of Luxfer by 75.8% in the 3rd quarter. Stifel Financial Corp now owns 40,379 shares of the industrial products company's stock worth $523,000 after purchasing an additional 17,405 shares during the last quarter. State Street Corp boosted its stake in shares of Luxfer by 0.3% during the 3rd quarter. State Street Corp now owns 558,847 shares of the industrial products company's stock worth $7,237,000 after acquiring an additional 1,413 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Luxfer by 75.4% in 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 last quarter. Barclays PLC raised its position in shares of Luxfer by 64.2% during the third quarter. Barclays PLC now owns 66,809 shares of the industrial products company's stock worth $865,000 after purchasing an additional 26,112 shares during the period. Finally, Geode Capital Management LLC increased its stake in Luxfer by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 627,817 shares of the industrial products company's stock worth $8,132,000 after purchasing an additional 15,030 shares in the last quarter. Institutional investors own 90.82% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Luxfer from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 21st.
Check Out Our Latest Analysis on LXFR
Luxfer Stock Down 0.4 %
Shares of LXFR traded down $0.04 during trading hours on Friday, reaching $10.03. The company's stock had a trading volume of 88,674 shares, compared to its average volume of 135,911. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The firm has a market cap of $274.96 million, a price-to-earnings ratio of 30.39, a P/E/G ratio of 1.85 and a beta of 0.95. The company has a 50 day moving average of $11.58 and a two-hundred day moving average of $12.99. Luxfer Holdings PLC has a 1-year low of $9.41 and a 1-year 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 analysts' consensus estimates 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 the consensus estimate of $89.50 million. As a group, research analysts predict that Luxfer Holdings PLC will post 0.85 EPS for the current fiscal year.
Luxfer Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th will be given a $0.13 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.18%. Luxfer's dividend payout ratio is currently 76.47%.
About Luxfer
(
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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