Luxfer Holdings PLC (NYSE:LXFR) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. trimmed its holdings in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 39.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 52,173 shares of the industrial products company's stock after selling 33,726 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.19% of Luxfer worth $683,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Northern Trust Corp grew its position in Luxfer by 0.4% in the fourth quarter. Northern Trust Corp now owns 220,406 shares of the industrial products company's stock worth $2,885,000 after acquiring an additional 808 shares during the period. Rhumbline Advisers boosted its position in shares of Luxfer by 5.6% during the fourth quarter. Rhumbline Advisers now owns 44,790 shares of the industrial products company's stock worth $586,000 after buying an additional 2,382 shares during the period. SG Americas Securities LLC boosted its position in shares of Luxfer by 26.9% during the fourth quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company's stock worth $166,000 after buying an additional 2,690 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Luxfer by 0.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 402,553 shares of the industrial products company's stock worth $5,269,000 after buying an additional 3,200 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Luxfer during the fourth quarter worth $42,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Luxfer Trading Up 1.4%

Shares of LXFR traded up $0.16 during midday trading on Thursday, hitting $11.56. 38,127 shares of the stock were exchanged, compared to its average volume of 131,619. Luxfer Holdings PLC has a 52-week low of $9.41 and a 52-week high of $15.64. The stock has a fifty day simple moving average of $10.96 and a 200 day simple moving average of $12.66. The firm has a market cap of $314.72 million, a P/E ratio of 35.02, a P/E/G ratio of 1.85 and a beta of 1.09. 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 - Get Free Report) last released its earnings results on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.03. The firm had revenue of $103.40 million during 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, research analysts anticipate that Luxfer Holdings PLC will post 0.85 EPS for the current fiscal year.

Luxfer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date was Thursday, April 17th. Luxfer's dividend payout ratio is presently 66.67%.

Insider Buying and Selling at Luxfer

In other news, insider Graham Wardlow sold 7,962 shares of Luxfer stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $11.33, for a total transaction of $90,209.46. Following the sale, the insider now owns 25,847 shares in the company, valued at approximately $292,846.51. The trade was a 23.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.24% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Luxfer from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 21st.

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.