American Century Companies Inc. lowered its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR – Free Report) by 3.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 990,204 shares of the industrial products company’s stock after selling 37,213 shares during the period. American Century Companies Inc. owned 3.59% of Luxfer worth $16,734,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of LXFR. BlackRock Inc. boosted its stake in shares of Luxfer by 40.2% during the first quarter. BlackRock Inc. now owns 2,210,379 shares of the industrial products company’s stock worth $37,134,000 after buying an additional 633,547 shares during the period. Vanguard Group Inc. lifted its position in Luxfer by 189.3% during the 1st quarter. Vanguard Group Inc. now owns 509,663 shares of the industrial products company’s stock worth $8,563,000 after acquiring an additional 333,472 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Luxfer by 34.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 869,677 shares of the industrial products company’s stock valued at $14,610,000 after purchasing an additional 221,349 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Luxfer by 288.8% in the fourth quarter. Millennium Management LLC now owns 258,716 shares of the industrial products company’s stock valued at $3,550,000 after purchasing an additional 192,180 shares during the period. Finally, Citadel Advisors LLC raised its stake in shares of Luxfer by 188.9% during the second quarter. Citadel Advisors LLC now owns 233,768 shares of the industrial products company’s stock worth $3,534,000 after purchasing an additional 152,862 shares during the last quarter. 95.03% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on LXFR shares. StockNews.com assumed coverage on shares of Luxfer in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. TheStreet lowered shares of Luxfer from a “b-” rating to a “c+” rating in a research note on Friday, July 21st.
Luxfer Price Performance
Luxfer stock opened at $12.02 on Friday. The company has a market cap of $323.60 million, a P/E ratio of 21.85 and a beta of 0.92. Luxfer Holdings PLC has a one year low of $11.27 and a one year high of $17.83. The business has a fifty day moving average of $12.99 and a two-hundred day moving average of $14.74. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.13 and a current ratio of 2.65.
Luxfer (NYSE:LXFR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.03). The company had revenue of $110.40 million during the quarter, compared to analyst estimates of $111.00 million. Luxfer had a net margin of 3.55% and a return on equity of 13.60%. As a group, analysts predict that Luxfer Holdings PLC will post 0.87 earnings per share for the current fiscal year.
Luxfer Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 2nd. Investors of record on Friday, July 14th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date of this dividend was Thursday, July 13th. Luxfer’s dividend payout ratio is currently 94.55%.
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 emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders.
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