Luxfer Holdings PLC (NYSE:LXFR) Shares Sold by Earnest Partners LLC

Earnest Partners LLC lowered its position in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 18.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 693,552 shares of the industrial products company's stock after selling 152,942 shares during the period. Earnest Partners LLC owned about 2.59% of Luxfer worth $9,079,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of LXFR. Aquatic Capital Management LLC purchased a new stake in shares of Luxfer during the fourth quarter worth approximately $140,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Luxfer during the 4th quarter worth about $137,000. Hsbc Holdings PLC raised its stake in shares of Luxfer by 60.8% in the 4th quarter. Hsbc Holdings PLC now owns 19,992 shares of the industrial products company's stock valued at $263,000 after acquiring an additional 7,563 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Luxfer by 14.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 670,564 shares of the industrial products company's stock valued at $8,778,000 after buying an additional 84,097 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Luxfer by 90.7% during the fourth quarter. Marshall Wace LLP now owns 93,440 shares of the industrial products company's stock worth $1,223,000 after purchasing an additional 44,431 shares in the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Luxfer Stock Performance

LXFR traded up $0.15 on Friday, hitting $11.30. 99,125 shares of the company traded hands, compared to its average volume of 134,670. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $11.13 and a 200-day moving average of $12.89. Luxfer Holdings PLC has a 12-month low of $9.41 and a 12-month high of $15.64. The stock has a market capitalization of $307.78 million, a PE ratio of 34.24, a PEG ratio of 1.85 and a beta of 0.95.

Luxfer (NYSE:LXFR - Get Free Report) last released 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 firm had revenue of $103.40 million for the quarter, compared to the consensus estimate of $89.50 million. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. Sell-side analysts anticipate that Luxfer Holdings PLC will post 0.85 earnings per share for the current year.

Luxfer Announces Dividend

The firm also recently disclosed 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 4.60%. The ex-dividend date of this dividend is Thursday, April 17th. Luxfer's dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

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

Luxfer Company 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.