UBS Asset Management Americas Inc. decreased its stake in Luxfer Holdings PLC (NYSE:LXFR) by 2.8% during the third quarter, Holdings Channel reports. The fund owned 65,664 shares of the company’s stock after selling 1,876 shares during the period. UBS Asset Management Americas Inc. owned about 0.25% of Luxfer Holdings PLC worth $761,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. State Street Corp increased its stake in shares of Luxfer Holdings PLC by 2.1% in the second quarter. State Street Corp now owns 16,322 shares of the company’s stock valued at $196,000 after buying an additional 337 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in Luxfer Holdings PLC by 163.6% in the second quarter. O Shaughnessy Asset Management LLC now owns 13,228 shares of the company’s stock worth $159,000 after buying an additional 8,209 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Luxfer Holdings PLC during the second quarter worth about $114,000. Baker Ellis Asset Management LLC acquired a new stake in Luxfer Holdings PLC during the third quarter worth about $114,000. Finally, JPMorgan Chase & Co. increased its stake in Luxfer Holdings PLC by 125.5% in the second quarter. JPMorgan Chase & Co. now owns 46,989 shares of the company’s stock worth $565,000 after buying an additional 26,147 shares in the last quarter. 84.81% of the stock is owned by institutional investors and hedge funds.
Shares of Luxfer Holdings PLC (NYSE:LXFR) traded up 1.97% during mid-day trading on Thursday, hitting $11.37. 18,215 shares of the stock were exchanged. The stock’s 50-day moving average is $11.32 and its 200-day moving average is $11.10. The stock has a market capitalization of $300.16 million, a price-to-earnings ratio of 11.75 and a beta of 0.85. Luxfer Holdings PLC has a 52 week low of $9.17 and a 52 week high of $13.60.
Luxfer Holdings PLC (NYSE:LXFR) last announced its earnings results on Monday, November 7th. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The company earned $98.90 million during the quarter, compared to the consensus estimate of $107.66 million. Luxfer Holdings PLC had a net margin of 6.13% and a return on equity of 17.81%. Analysts forecast that Luxfer Holdings PLC will post $0.92 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 1st. Stockholders of record on Friday, January 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, January 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.40%. This is an increase from Luxfer Holdings PLC’s previous quarterly dividend of $0.12. Luxfer Holdings PLC’s dividend payout ratio is currently 37.11%.
Separately, Zacks Investment Research raised shares of Luxfer Holdings PLC from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 14th.
Luxfer Holdings PLC Company Profile
Luxfer Holdings PLC is a holding company. The Company is a global materials technology company specializing in the design, manufacture and supply of materials, components and high-pressure gas-containment devices for healthcare, environmental, protection and specialty end-markets. Its segments include Elektron division and Gas Cylinders division.
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