SG Americas Securities LLC Boosts Stock Holdings in Luxfer Holdings PLC (NYSE:LXFR)

SG Americas Securities LLC increased its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 26.5% in the 4th quarter, HoldingsChannel reports. The firm owned 15,428 shares of the industrial products company’s stock after purchasing an additional 3,234 shares during the period. SG Americas Securities LLC’s holdings in Luxfer were worth $138,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new position in Luxfer in the first quarter valued at about $42,000. Point72 Middle East FZE purchased a new position in Luxfer in the second quarter valued at about $56,000. Royal Bank of Canada increased its holdings in Luxfer by 106.4% in the second quarter. Royal Bank of Canada now owns 4,001 shares of the industrial products company’s stock valued at $57,000 after buying an additional 2,063 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Luxfer by 50.2% in the second quarter. Osaic Holdings Inc. now owns 6,857 shares of the industrial products company’s stock valued at $98,000 after buying an additional 2,292 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Luxfer by 478.1% in the second quarter. Tower Research Capital LLC TRC now owns 7,486 shares of the industrial products company’s stock valued at $107,000 after buying an additional 6,191 shares in the last quarter. 90.82% of the stock is owned by hedge funds and other institutional investors.

Luxfer Trading Down 0.6 %

Shares of Luxfer stock opened at $9.99 on Wednesday. Luxfer Holdings PLC has a 12-month low of $7.55 and a 12-month high of $16.58. The company has a current ratio of 2.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The stock has a market cap of $268.03 million, a PE ratio of -124.86, a price-to-earnings-growth ratio of 2.20 and a beta of 0.84. The company has a 50-day moving average of $9.54 and a two-hundred day moving average of $9.22.

Luxfer (NYSE:LXFR) last released its quarterly earnings results on Tuesday, February 27th. The industrial products company reported $0.07 EPS for the quarter. The business had revenue of $95.90 million for the quarter, compared to analyst estimates of $89.70 million. Luxfer had a negative net margin of 0.47% and a positive return on equity of 6.63%. On average, research analysts anticipate that Luxfer Holdings PLC will post 0.66 EPS for the current fiscal year.

Luxfer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Stockholders of record on Friday, April 19th will be given a $0.13 dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $0.52 annualized dividend and a dividend yield of 5.21%. Luxfer’s dividend payout ratio is presently -649.92%.

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.