Dimensional Fund Advisors LP Purchases 84,097 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Dimensional Fund Advisors LP increased its position in Luxfer Holdings PLC (NYSE:LXFR) by 14.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 670,564 shares of the industrial products company’s stock after acquiring an additional 84,097 shares during the period. Dimensional Fund Advisors LP owned about 2.50% of Luxfer worth $8,778,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Hillsdale Investment Management Inc. lifted its position in Luxfer by 2,131.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 312,400 shares of the industrial products company’s stock valued at $4,089,000 after purchasing an additional 298,400 shares in the last quarter. Royce & Associates LP grew its stake in shares of Luxfer by 20.4% during the 4th quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company’s stock valued at $21,259,000 after acquiring an additional 275,669 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Luxfer by 441.5% during the 4th quarter. JPMorgan Chase & Co. now owns 150,150 shares of the industrial products company’s stock valued at $1,965,000 after acquiring an additional 122,423 shares during the period. Artisan Partners Limited Partnership increased its holdings in Luxfer by 17.3% in the 4th quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company’s stock worth $10,282,000 after acquiring an additional 115,623 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its stake in Luxfer by 23.3% during the 4th quarter. First Eagle Investment Management LLC now owns 425,656 shares of the industrial products company’s stock worth $5,572,000 after acquiring an additional 80,500 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Luxfer Price Performance

NYSE:LXFR opened at $11.57 on Friday. The business’s 50-day simple moving average is $11.04 and its two-hundred day simple moving average is $12.84. Luxfer Holdings PLC has a 52 week low of $9.41 and a 52 week high of $15.64. The stock has a market cap of $315.13 million, a PE ratio of 35.06, a P/E/G ratio of 1.85 and a beta of 1.09. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29.

Luxfer (NYSE:LXFR) last issued its earnings results on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.03. Luxfer had a return on equity of 9.26% and a net margin of 2.37%. The company had revenue of $103.40 million for the quarter, compared to the consensus estimate of $89.50 million. As a group, analysts forecast that Luxfer Holdings PLC will post 0.85 EPS for the current fiscal year.

Luxfer Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Friday, April 18th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.49%. Luxfer’s payout ratio is 66.67%.

Luxfer Company 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.