D. E. Shaw & Co. Inc. Has $683,000 Stock Holdings in Luxfer Holdings PLC (NYSE:LXFR)

D. E. Shaw & Co. Inc. lessened its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 39.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 52,173 shares of the industrial products company’s stock after selling 33,726 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.19% of Luxfer worth $683,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Corton Capital Inc. acquired a new position in shares of Luxfer during the 4th quarter worth about $142,000. Cubist Systematic Strategies LLC acquired a new position in Luxfer in the 4th quarter valued at approximately $1,462,000. Bank of America Corp DE raised its holdings in Luxfer by 48.3% in the 4th quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company’s stock valued at $24,272,000 after acquiring an additional 603,954 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Luxfer by 34.4% in the 4th quarter. BNP Paribas Financial Markets now owns 34,447 shares of the industrial products company’s stock valued at $451,000 after acquiring an additional 8,808 shares in the last quarter. Finally, Algert Global LLC raised its holdings in Luxfer by 38.3% in the 4th quarter. Algert Global LLC now owns 15,915 shares of the industrial products company’s stock valued at $208,000 after acquiring an additional 4,410 shares in the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Insider Activity

In other news, insider Graham Wardlow sold 7,962 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $11.33, for a total value of $90,209.46. Following the sale, the insider now directly owns 25,847 shares in the company, valued at approximately $292,846.51. This represents a 23.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.17% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised Luxfer from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st.

Luxfer Trading Down 0.4%

Luxfer stock opened at $11.17 on Friday. The business has a 50 day moving average price of $10.98 and a two-hundred day moving average price of $12.71. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The stock has a market cap of $304.10 million, a price-to-earnings ratio of 33.83, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a 12 month low of $9.41 and a 12 month high of $15.64.

Luxfer (NYSE:LXFR) last posted its quarterly earnings results on Tuesday, February 25th. The industrial products company reported $0.25 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 firm had revenue of $103.40 million during the quarter, compared to analysts’ expectations of $89.50 million. As a group, equities analysts forecast that Luxfer Holdings PLC will post 0.85 EPS for the current year.

Luxfer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were paid a $0.13 dividend. The ex-dividend date was Thursday, April 17th. This represents a $0.52 annualized dividend and a dividend yield of 4.66%. Luxfer’s dividend payout ratio is currently 66.67%.

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.