Luxfer Holdings PLC (NYSE:LXFR) Shares Acquired by Marshall Wace LLP

Marshall Wace LLP increased its position in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 90.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 93,440 shares of the industrial products company's stock after purchasing an additional 44,431 shares during the period. Marshall Wace LLP owned 0.35% of Luxfer worth $1,223,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Luxfer in the fourth quarter valued at approximately $42,000. Globeflex Capital L P purchased a new position in Luxfer during the 4th quarter worth $101,000. Dynamic Technology Lab Private Ltd acquired a new position in Luxfer in the fourth quarter valued at $137,000. SG Americas Securities LLC boosted its stake 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. Finally, Proficio Capital Partners LLC purchased a new position in shares of Luxfer during the fourth quarter worth about $173,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Luxfer Stock Performance

NYSE:LXFR traded up $0.15 during mid-day trading on Friday, reaching $11.30. The stock had a trading volume of 99,125 shares, compared to its average volume of 134,670. 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 has a 50 day simple moving average of $11.18 and a 200 day simple moving average of $12.90. Luxfer Holdings PLC has a twelve month low of $9.41 and a twelve month high of $15.64. The firm has a market capitalization of $307.78 million, a price-to-earnings ratio of 34.24, a PEG ratio of 1.85 and a beta of 0.95.

Luxfer (NYSE:LXFR - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $103.40 million for the quarter, compared to the consensus estimate 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. Shareholders of record on Friday, April 18th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.60%. Luxfer's payout ratio is currently 66.67%.

Wall Street Analysts Forecast Growth

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 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.