Barclays PLC Grows Stake in Luxfer Holdings PLC (NYSE:LXFR)

Barclays PLC boosted its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 128.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,849 shares of the industrial products company’s stock after purchasing an additional 13,391 shares during the quarter. Barclays PLC owned about 0.09% of Luxfer worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of LXFR. Nantahala Capital Management LLC increased its holdings in shares of Luxfer by 4.9% in the 4th quarter. Nantahala Capital Management LLC now owns 2,452,319 shares of the industrial products company’s stock valued at $33,646,000 after acquiring an additional 114,714 shares during the period. Keeley Teton Advisors LLC purchased a new position in shares of Luxfer in the 4th quarter valued at $148,000. Artisan Partners Limited Partnership increased its holdings in shares of Luxfer by 14.8% in the 4th quarter. Artisan Partners Limited Partnership now owns 81,290 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 10,459 shares during the period. First Eagle Investment Management LLC increased its holdings in shares of Luxfer by 75.4% in the 4th quarter. First Eagle Investment Management LLC now owns 138,595 shares of the industrial products company’s stock valued at $1,902,000 after acquiring an additional 59,600 shares during the period. Finally, UBS Group AG increased its holdings in shares of Luxfer by 5,667.7% in the 4th quarter. UBS Group AG now owns 17,303 shares of the industrial products company’s stock valued at $237,000 after acquiring an additional 17,003 shares during the period. 95.03% of the stock is currently owned by hedge funds and other institutional investors.

Luxfer Stock Up 4.3 %

Shares of LXFR stock opened at $12.23 on Wednesday. Luxfer Holdings PLC has a 1-year low of $11.27 and a 1-year high of $17.83. The stock’s fifty day moving average price is $13.13 and its 200 day moving average price is $14.78. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.65 and a quick ratio of 1.13. The company has a market cap of $329.23 million, a price-to-earnings ratio of 22.24 and a beta of 0.92.

Luxfer (NYSE:LXFR) last issued its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). Luxfer had a return on equity of 13.60% and a net margin of 3.55%. The firm had revenue of $110.40 million for the quarter, compared to analyst estimates of $111.00 million. On average, research analysts expect that Luxfer Holdings PLC will post 0.87 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 2nd. Stockholders of record on Friday, July 14th were issued a $0.13 dividend. The ex-dividend date was Thursday, July 13th. This represents a $0.52 annualized dividend and a dividend yield of 4.25%. Luxfer’s dividend payout ratio (DPR) is presently 94.55%.

Analysts Set New Price Targets

LXFR has been the topic of a number of analyst reports. TheStreet downgraded Luxfer from a “b-” rating to a “c+” rating in a report on Friday, July 21st. StockNews.com started coverage on Luxfer in a report on Thursday, August 17th. They issued a “hold” rating on the stock.

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 emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders.