Luxfer Holdings PLC (NYSE:LXFR) Shares Sold by Sei Investments Co.

Sei Investments Co. reduced its holdings in Luxfer Holdings PLC (NYSE:LXFR) by 28.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,490 shares of the industrial products company’s stock after selling 18,971 shares during the quarter. Sei Investments Co. owned approximately 0.18% of Luxfer worth $622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in LXFR. Royce & Associates LP increased its stake in Luxfer by 20.4% during the fourth quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company’s stock worth $21,259,000 after acquiring an additional 275,669 shares during the last quarter. Globeflex Capital L P acquired a new stake in Luxfer during the 4th quarter worth approximately $101,000. First Eagle Investment Management LLC raised its holdings 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 valued at $5,572,000 after buying an additional 80,500 shares during the period. Proficio Capital Partners LLC acquired a new position in Luxfer during the fourth quarter valued at approximately $173,000. Finally, Bailard Inc. grew its stake in Luxfer by 51.1% during the fourth quarter. Bailard Inc. now owns 21,300 shares of the industrial products company’s stock worth $279,000 after buying an additional 7,200 shares during the period. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Luxfer Stock Performance

Shares of NYSE:LXFR opened at $10.54 on Thursday. The business’s 50-day simple moving average is $12.50 and its 200 day simple moving average is $13.19. The company has a market cap of $281.86 million, a P/E ratio of 31.94, a PEG ratio of 1.85 and a beta of 0.95. 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 one year low of $9.26 and a one year high of $15.64.

Luxfer (NYSE:LXFR) last posted its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. The company had revenue of $103.40 million for the quarter, compared to analyst estimates of $89.50 million. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. On average, sell-side analysts forecast that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date is Thursday, April 17th. Luxfer’s payout ratio is 76.47%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Luxfer from a “buy” rating to a “strong-buy” rating in a report 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.