GSA Capital Partners LLP Reduces Holdings in Luxfer Holdings PLC (NYSE:LXFR)

GSA Capital Partners LLP trimmed its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 41.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,480 shares of the industrial products company’s stock after selling 29,971 shares during the quarter. GSA Capital Partners LLP owned 0.16% of Luxfer worth $550,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of LXFR. Vanguard Group Inc. boosted its stake in Luxfer by 188.8% during the first quarter. Vanguard Group Inc. now owns 1,685,338 shares of the industrial products company’s stock worth $17,477,000 after buying an additional 1,101,856 shares during the period. Invenomic Capital Management LP purchased a new stake in shares of Luxfer during the first quarter valued at $2,841,000. Kennedy Capital Management LLC purchased a new stake in shares of Luxfer during the first quarter valued at $2,242,000. American Century Companies Inc. boosted its stake in shares of 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 during the period. Finally, Acadian Asset Management LLC purchased a new stake in shares of Luxfer during the first quarter valued at $1,574,000. 90.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Luxfer from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 31st.

Luxfer Stock Up 0.9 %

Shares of LXFR opened at $14.45 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29. The firm has a fifty day moving average price of $13.10 and a 200-day moving average price of $12.12. The firm has a market capitalization of $386.97 million, a P/E ratio of 43.70, a P/E/G ratio of 2.41 and a beta of 0.89. Luxfer Holdings PLC has a 12-month low of $7.55 and a 12-month high of $15.64.

Luxfer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, October 18th were issued a $0.13 dividend. The ex-dividend date was Friday, October 18th. This represents a $0.52 annualized dividend and a dividend yield of 3.60%. Luxfer’s payout ratio is currently 157.58%.

Insider Activity at Luxfer

In related news, insider Graham Wardlow sold 6,500 shares of Luxfer stock in a transaction dated Thursday, August 29th. The stock was 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 in the company, valued at $314,156.64. The trade was a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.17% of the stock is currently owned by corporate insiders.

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.