Vanguard Group Inc. Sells 237,820 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Vanguard Group Inc. cut its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,488,514 shares of the industrial products company's stock after selling 237,820 shares during the period. Vanguard Group Inc. owned about 5.56% of Luxfer worth $19,485,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LXFR. Hillsdale Investment Management Inc. lifted its position in Luxfer by 2,131.4% during the 4th quarter. Hillsdale Investment Management Inc. now owns 312,400 shares of the industrial products company's stock worth $4,089,000 after buying an additional 298,400 shares in the last quarter. Royce & Associates LP grew its stake in shares of Luxfer by 20.4% during the fourth quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company's stock valued at $21,259,000 after purchasing an additional 275,669 shares during the last quarter. Globeflex Capital L P bought a new stake in shares of Luxfer during the fourth quarter valued at approximately $101,000. First Eagle Investment Management LLC increased its holdings in shares of 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 valued at $5,572,000 after purchasing an additional 80,500 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new position in Luxfer in the 4th quarter worth approximately $173,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Luxfer Trading Up 2.8 %

NYSE:LXFR traded up $0.27 on Tuesday, hitting $9.85. 130,858 shares of the stock were exchanged, compared to its average volume of 134,455. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. Luxfer Holdings PLC has a 52 week low of $9.38 and a 52 week high of $15.64. The stock has a market capitalization of $269.95 million, a price-to-earnings ratio of 29.84, a P/E/G ratio of 1.85 and a beta of 0.95. The company's 50-day moving average price is $11.75 and its 200 day moving average price is $13.03.

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 during the quarter, compared to the consensus estimate of $89.50 million. On average, equities research analysts forecast that Luxfer Holdings PLC will post 0.85 earnings per share for the current year.

Luxfer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Friday, April 18th will be paid a dividend of $0.13 per share. 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 5.28%. Luxfer's dividend payout ratio (DPR) is presently 76.47%.

Wall Street Analysts Forecast Growth

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

About Luxfer

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.