10,494 Shares in Luxfer Holdings PLC (NYSE:LXFR) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new stake in Luxfer Holdings PLC (NYSE:LXFR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,494 shares of the industrial products company’s stock, valued at approximately $137,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. R Squared Ltd bought a new stake in shares of Luxfer in the fourth quarter valued at about $42,000. Globeflex Capital L P acquired a new position in Luxfer in the 4th quarter valued at approximately $101,000. XTX Topco Ltd bought a new stake in shares of Luxfer in the 3rd quarter worth approximately $146,000. SG Americas Securities LLC grew its holdings in shares of Luxfer by 26.9% during the 4th quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company’s stock worth $166,000 after purchasing an additional 2,690 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Luxfer during the fourth quarter valued at approximately $173,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Luxfer Price Performance

Shares of Luxfer stock opened at $10.12 on Friday. The firm has a market cap of $270.52 million, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 1.85 and a beta of 0.95. The firm’s 50-day simple moving average is $12.35 and its 200-day simple moving average is $13.16. Luxfer Holdings PLC has a twelve month low of $9.26 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17.

Luxfer (NYSE:LXFR) last released its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates 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, research analysts expect that Luxfer Holdings PLC will post 0.85 EPS for the current fiscal year.

Luxfer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date is Thursday, April 17th. Luxfer’s dividend payout ratio (DPR) is 76.47%.

Analyst Ratings Changes

Separately, StockNews.com raised Luxfer from a “buy” rating to a “strong-buy” rating in a research 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.