Artisan Partners Limited Partnership Has $10.28 Million Stake in Luxfer Holdings PLC (NYSE:LXFR)

Artisan Partners Limited Partnership lifted its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 17.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 785,487 shares of the industrial products company’s stock after purchasing an additional 115,623 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Luxfer were worth $10,282,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. FMR LLC boosted its position in Luxfer by 1.6% during the 3rd quarter. FMR LLC now owns 2,725,821 shares of the industrial products company’s stock worth $35,299,000 after acquiring an additional 43,559 shares during the last quarter. Barclays PLC boosted its holdings in Luxfer by 64.2% during the third quarter. Barclays PLC now owns 66,809 shares of the industrial products company’s stock worth $865,000 after purchasing an additional 26,112 shares during the last quarter. MML Investors Services LLC grew its position in Luxfer by 75.4% in the third quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company’s stock valued at $248,000 after purchasing an additional 8,223 shares in the last quarter. First Eagle Investment Management LLC increased its stake in Luxfer by 23.3% in the 4th 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 last quarter. Finally, JPMorgan Chase & Co. lifted its position in Luxfer by 129.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,727 shares of the industrial products company’s stock worth $359,000 after buying an additional 15,641 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors.

Luxfer Trading Down 2.1 %

Shares of Luxfer stock opened at $11.57 on Friday. Luxfer Holdings PLC has a 12-month low of $9.26 and a 12-month high of $15.64. 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 business’s 50 day moving average is $13.19 and its 200-day moving average is $13.28. The stock has a market cap of $309.40 million, a P/E ratio of 35.06, a P/E/G ratio of 1.85 and a beta of 0.93.

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

Luxfer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Stockholders of record on Friday, January 17th were given a $0.13 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.49%. Luxfer’s payout ratio is 76.47%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded 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.