First Eagle Investment Management LLC Buys 80,500 Shares of Luxfer Holdings PLC (NYSE:LXFR)

First Eagle Investment Management LLC raised its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 23.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 425,656 shares of the industrial products company’s stock after buying an additional 80,500 shares during the period. First Eagle Investment Management LLC owned 1.59% of Luxfer worth $5,572,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. R Squared Ltd bought a new position in Luxfer during the fourth quarter valued at about $42,000. XTX Topco Ltd bought a new position in Luxfer during the third quarter valued at about $146,000. SG Americas Securities LLC raised its holdings in Luxfer by 26.9% during the fourth quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company’s stock valued at $166,000 after buying an additional 2,690 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Luxfer during the fourth quarter valued at about $173,000. Finally, MML Investors Services LLC raised its holdings in Luxfer by 75.4% during the third quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company’s stock valued at $248,000 after buying an additional 8,223 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded Luxfer from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st.

Luxfer Trading Up 0.9 %

Luxfer stock opened at $12.12 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. The business’s 50-day simple moving average is $13.39 and its 200-day simple moving average is $13.24. The firm has a market capitalization of $324.01 million, a PE ratio of 36.72, a PEG ratio of 1.85 and a beta of 0.93. Luxfer Holdings PLC has a 52 week low of $9.26 and a 52 week high of $15.64.

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

Luxfer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Friday, January 17th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date was Monday, January 27th. Luxfer’s dividend payout ratio (DPR) is presently 76.47%.

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.