Barclays PLC Acquires 5,979 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Barclays PLC raised its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 8.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,788 shares of the industrial products company’s stock after buying an additional 5,979 shares during the quarter. Barclays PLC owned about 0.27% of Luxfer worth $952,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in LXFR. Invesco Ltd. grew its holdings in shares of Luxfer by 6.8% during the fourth quarter. Invesco Ltd. now owns 119,471 shares of the industrial products company’s stock worth $1,564,000 after purchasing an additional 7,607 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Luxfer in the 4th quarter worth approximately $137,000. Integrated Quantitative Investments LLC bought a new position in shares of Luxfer in the 4th quarter worth $234,000. ExodusPoint Capital Management LP purchased a new stake in shares of Luxfer during the 4th quarter valued at $290,000. Finally, Trexquant Investment LP lifted its holdings in shares of Luxfer by 8.7% during the 4th quarter. Trexquant Investment LP now owns 84,211 shares of the industrial products company’s stock worth $1,102,000 after acquiring an additional 6,732 shares during the last quarter. 90.82% of the stock is currently owned by institutional investors.

Luxfer Stock Down 2.3 %

Shares of LXFR opened at $11.05 on Tuesday. The firm has a market cap of $300.97 million, a P/E ratio of 33.48, a P/E/G ratio of 1.85 and a beta of 0.95. Luxfer Holdings PLC has a 1 year low of $9.41 and a 1 year high of $15.64. The stock has a 50 day simple moving average of $11.09 and a two-hundred day simple moving average of $12.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14.

Luxfer (NYSE:LXFR) last announced 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 during the quarter, compared to analysts’ expectations of $89.50 million. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. On average, analysts forecast that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.

Luxfer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Thursday, April 17th. Luxfer’s dividend payout ratio (DPR) is presently 66.67%.

Analysts Set New Price Targets

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

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.