11,517 Shares in Luxfer Holdings PLC (NYSE:LXFR) Acquired by Karp Capital Management Corp
Karp Capital Management Corp bought a new position in Luxfer Holdings PLC (NYSE:LXFR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,517 shares of the industrial products company’s stock, valued at approximately $140,000.
A number of other institutional investors have also modified their holdings of LXFR. Renaissance Group LLC boosted its position in shares of Luxfer Holdings PLC by 8.2% in the first quarter. Renaissance Group LLC now owns 27,942 shares of the industrial products company’s stock worth $340,000 after buying an additional 2,107 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Luxfer Holdings PLC by 0.5% in the first quarter. Wells Fargo & Company MN now owns 189,160 shares of the industrial products company’s stock worth $2,300,000 after buying an additional 999 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Luxfer Holdings PLC by 152.2% in the first quarter. Nationwide Fund Advisors now owns 30,300 shares of the industrial products company’s stock worth $368,000 after buying an additional 18,285 shares during the last quarter. Norges Bank bought a new stake in shares of Luxfer Holdings PLC during the fourth quarter worth $2,569,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Luxfer Holdings PLC during the fourth quarter worth $151,000. Institutional investors own 84.02% of the company’s stock.
Luxfer Holdings PLC (NYSE:LXFR) traded down 2.53% on Monday, hitting $12.33. 74,058 shares of the stock traded hands. The firm has a 50-day moving average price of $12.69 and a 200-day moving average price of $11.97. The company has a market capitalization of $325.50 million, a PE ratio of 16.46 and a beta of 0.82. Luxfer Holdings PLC has a 12 month low of $9.28 and a 12 month high of $13.49.
Luxfer Holdings PLC (NYSE:LXFR) last announced its quarterly earnings results on Monday, May 8th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.07. The firm had revenue of $103.40 million during the quarter. Luxfer Holdings PLC had a return on equity of 14.70% and a net margin of 3.85%. Analysts forecast that Luxfer Holdings PLC will post $1.06 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 2nd. Investors of record on Friday, July 14th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.06%. This is an increase from Luxfer Holdings PLC’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Wednesday, July 12th. Luxfer Holdings PLC’s dividend payout ratio is 82.76%.
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Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Luxfer Holdings PLC from a “sell” rating to a “hold” rating and set a $14.00 price objective on the stock in a research note on Wednesday, May 10th. ValuEngine raised shares of Luxfer Holdings PLC from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Finally, TheStreet raised shares of Luxfer Holdings PLC from a “c+” rating to a “b” rating in a report on Wednesday, May 17th.
Luxfer Holdings PLC Company Profile
Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.
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