Van Lanschot Kempen Investment Management N.V. Sells 34,236 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Van Lanschot Kempen Investment Management N.V. lessened its stake in Luxfer Holdings PLC (NYSE:LXFR) by 1.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,932,386 shares of the industrial products company’s stock after selling 34,236 shares during the period. Van Lanschot Kempen Investment Management N.V. owned 7.00% of Luxfer worth $32,657,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of LXFR. Swiss National Bank grew its holdings in Luxfer by 7.2% during the 1st quarter. Swiss National Bank now owns 65,500 shares of the industrial products company’s stock worth $1,100,000 after acquiring an additional 4,400 shares during the period. Bank of New York Mellon Corp grew its holdings in Luxfer by 13.0% during the 1st quarter. Bank of New York Mellon Corp now owns 93,454 shares of the industrial products company’s stock worth $1,570,000 after acquiring an additional 10,746 shares during the period. BlackRock Inc. grew its holdings in Luxfer by 40.2% during the 1st quarter. BlackRock Inc. now owns 2,210,379 shares of the industrial products company’s stock worth $37,134,000 after acquiring an additional 633,547 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Luxfer by 66.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 105,712 shares of the industrial products company’s stock valued at $1,776,000 after buying an additional 42,269 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Luxfer by 5.8% in the 1st quarter. Sei Investments Co. now owns 77,900 shares of the industrial products company’s stock valued at $1,309,000 after buying an additional 4,270 shares during the period. Institutional investors own 95.03% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. TheStreet lowered shares of Luxfer from a “b-” rating to a “c+” rating in a report on Friday, July 21st. StockNews.com assumed coverage on shares of Luxfer in a report on Thursday, August 17th. They issued a “hold” rating for the company.

Luxfer Stock Down 0.1 %

NYSE LXFR traded down $0.01 on Friday, reaching $12.02. The company had a trading volume of 82,766 shares, compared to its average volume of 123,658. The firm has a market capitalization of $323.60 million, a price-to-earnings ratio of 21.85 and a beta of 0.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.13 and a current ratio of 2.65. Luxfer Holdings PLC has a 1-year low of $11.27 and a 1-year high of $17.83. The company’s fifty day moving average is $12.93 and its 200-day moving average is $14.70.

Luxfer (NYSE:LXFR) last announced its earnings results on Tuesday, July 25th. The industrial products company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The company had revenue of $110.40 million during the quarter, compared to analyst estimates of $111.00 million. Luxfer had a return on equity of 13.60% and a net margin of 3.55%. On average, research analysts forecast that Luxfer Holdings PLC will post 0.87 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 2nd. Investors of record on Friday, July 14th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date was Thursday, July 13th. Luxfer’s payout ratio is presently 94.55%.

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 emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders.