22,169 Shares in Luxfer Holdings PLC (NYSE:LXFR) Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP purchased a new stake in Luxfer Holdings PLC (NYSE:LXFR) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 22,169 shares of the industrial products company’s stock, valued at approximately $290,000.

Several other hedge funds have also bought and sold shares of the stock. Royce & Associates LP increased its stake in shares of Luxfer by 20.4% in the 4th quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company’s stock valued at $21,259,000 after purchasing an additional 275,669 shares in the last quarter. Artisan Partners Limited Partnership increased its position in shares of Luxfer by 17.3% in the fourth quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company’s stock valued at $10,282,000 after buying an additional 115,623 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Luxfer by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 627,817 shares of the industrial products company’s stock worth $8,132,000 after buying an additional 15,030 shares during the period. State Street Corp lifted its position in shares of Luxfer by 0.3% during the 3rd quarter. State Street Corp now owns 558,847 shares of the industrial products company’s stock valued at $7,237,000 after buying an additional 1,413 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its position in shares of Luxfer by 23.3% during 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 in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analysts Set New Price Targets

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

Luxfer Price Performance

NYSE:LXFR opened at $10.12 on Monday. The stock has a 50 day moving average of $12.35 and a two-hundred day moving average of $13.17. Luxfer Holdings PLC has a 12 month low of $9.26 and a 12 month high of $15.64. 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 company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29.

Luxfer (NYSE:LXFR) last announced 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. The company 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%. On average, analysts expect that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 5.14%. The ex-dividend date is Thursday, April 17th. Luxfer’s dividend payout ratio is currently 76.47%.

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 first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.