Segall Bryant & Hamill LLC Makes New $1.24 Million Investment in Luxfer Holdings PLC $LXFR

Segall Bryant & Hamill LLC bought a new stake in shares of Luxfer Holdings PLC (NYSE:LXFR) in the 3rd quarter, Holdings Channel.com reports. The firm bought 89,255 shares of the industrial products company’s stock, valued at approximately $1,241,000.

Other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in Luxfer by 1.9% in the first quarter. AQR Capital Management LLC now owns 257,371 shares of the industrial products company’s stock worth $3,052,000 after acquiring an additional 4,772 shares during the period. Jane Street Group LLC grew its stake in shares of Luxfer by 115.0% in the 1st quarter. Jane Street Group LLC now owns 46,689 shares of the industrial products company’s stock worth $554,000 after buying an additional 24,969 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Luxfer by 5.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 463,869 shares of the industrial products company’s stock valued at $5,650,000 after buying an additional 24,185 shares in the last quarter. Savant Capital LLC increased its position in Luxfer by 8.4% during the 2nd quarter. Savant Capital LLC now owns 18,127 shares of the industrial products company’s stock valued at $221,000 after buying an additional 1,406 shares in the last quarter. Finally, Los Angeles Capital Management LLC boosted its holdings in Luxfer by 77.3% in the second quarter. Los Angeles Capital Management LLC now owns 94,055 shares of the industrial products company’s stock worth $1,146,000 after acquiring an additional 41,015 shares in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Wall Street Zen cut shares of Luxfer from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research downgraded Luxfer from a “hold” rating to a “strong sell” rating in a report on Wednesday. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Luxfer has a consensus rating of “Reduce”.

Luxfer Price Performance

Shares of Luxfer stock opened at $11.96 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.67 and a debt-to-equity ratio of 0.06. Luxfer Holdings PLC has a 52 week low of $9.41 and a 52 week high of $16.02. The stock’s 50-day simple moving average is $14.60 and its 200-day simple moving average is $13.67. The company has a market capitalization of $318.69 million, a price-to-earnings ratio of 41.25, a PEG ratio of 1.78 and a beta of 1.01.

Luxfer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Friday, January 23rd were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, January 23rd. Luxfer’s dividend payout ratio (DPR) is 179.31%.

Luxfer Profile

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.