Van Lanschot Kempen Investment Management N.V. Has $24.69 Million Stake in Luxfer Holdings PLC (NYSE:LXFR)

Van Lanschot Kempen Investment Management N.V. decreased its position in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 24.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,885,818 shares of the industrial products company's stock after selling 624,281 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 7.04% of Luxfer worth $24,685,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in LXFR. Dimensional Fund Advisors LP increased its holdings in shares of Luxfer by 14.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 670,564 shares of the industrial products company's stock worth $8,778,000 after buying an additional 84,097 shares in the last quarter. Marshall Wace LLP boosted its stake in Luxfer by 90.7% in 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. Jump Financial LLC acquired a new stake in shares of Luxfer in the fourth quarter valued at $209,000. Barclays PLC lifted its position in Luxfer by 8.9% during the 4th quarter. Barclays PLC now owns 72,788 shares of the industrial products company's stock worth $952,000 after buying an additional 5,979 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Luxfer by 6.8% during the 4th quarter. Invesco Ltd. now owns 119,471 shares of the industrial products company's stock worth $1,564,000 after acquiring an additional 7,607 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company's stock.

Wall Street Analyst Weigh In

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

Luxfer Trading Down 0.4 %

NYSE:LXFR traded down $0.04 on Friday, hitting $10.03. 88,674 shares of the stock were exchanged, compared to its average volume of 134,615. The stock has a market capitalization of $274.96 million, a price-to-earnings ratio of 30.39, a P/E/G ratio of 1.85 and a beta of 0.95. 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 Holdings PLC has a 52 week low of $9.41 and a 52 week high of $15.64. The company's 50-day moving average price is $11.49 and its 200 day moving average price is $12.97.

Luxfer (NYSE:LXFR - Get Free Report) last released its earnings results 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 during the quarter, compared to analyst estimates of $89.50 million. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. On average, equities research analysts forecast that Luxfer Holdings PLC will post 0.85 earnings per share for the current year.

Luxfer Announces Dividend

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 given a dividend of $0.13 per share. The ex-dividend date is Thursday, April 17th. This represents a $0.52 annualized dividend and a dividend yield of 5.18%. Luxfer's 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.