First Eagle Investment Management LLC Has $3.34 Million Stock Holdings in Luxfer Holdings PLC (NYSE:LXFR)

First Eagle Investment Management LLC increased its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 17.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,707 shares of the industrial products company’s stock after buying an additional 42,668 shares during the quarter. First Eagle Investment Management LLC owned 1.05% of Luxfer worth $3,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Luxfer by 13.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 512,495 shares of the industrial products company’s stock valued at $5,940,000 after acquiring an additional 61,475 shares in the last quarter. Cornercap Investment Counsel Inc. acquired a new stake in shares of Luxfer during the second quarter worth approximately $537,000. American Century Companies Inc. grew its position in Luxfer by 23.1% during the second quarter. American Century Companies Inc. now owns 899,263 shares of the industrial products company’s stock valued at $10,422,000 after purchasing an additional 169,015 shares in the last quarter. Acadian Asset Management LLC increased its stake in Luxfer by 40.4% in the 2nd quarter. Acadian Asset Management LLC now owns 213,434 shares of the industrial products company’s stock valued at $2,471,000 after buying an additional 61,453 shares during the period. Finally, Los Angeles Capital Management LLC purchased a new stake in Luxfer in the 2nd quarter worth approximately $656,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Luxfer

In other Luxfer news, insider Graham Wardlow sold 6,500 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $10.83, for a total value of $70,395.00. Following the completion of the sale, the insider now directly owns 29,008 shares of the company’s stock, valued at $314,156.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.17% of the company’s stock.

Luxfer Trading Down 1.8 %

Luxfer stock opened at $12.50 on Friday. Luxfer Holdings PLC has a 12 month low of $7.55 and a 12 month high of $13.52. The company has a quick ratio of 1.21, a current ratio of 2.39 and a debt-to-equity ratio of 0.36. The stock has a market cap of $342.68 million, a P/E ratio of 11.47, a P/E/G ratio of 2.10 and a beta of 0.90. The company’s fifty day simple moving average is $11.50 and its 200-day simple moving average is $11.21.

Luxfer (NYSE:LXFR) last issued its earnings results on Tuesday, July 30th. The industrial products company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Luxfer had a positive return on equity of 6.24% and a negative net margin of 1.28%. The firm had revenue of $99.70 million for the quarter, compared to the consensus estimate of $99.70 million. As a group, sell-side analysts forecast that Luxfer Holdings PLC will post 0.75 EPS for the current fiscal year.

Luxfer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Friday, July 19th were issued a $0.13 dividend. The ex-dividend date was Friday, July 19th. This represents a $0.52 dividend on an annualized basis and a yield of 4.16%. Luxfer’s dividend payout ratio is currently 47.71%.

About Luxfer

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.