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

Segall Bryant & Hamill LLC acquired a new stake in Luxfer Holdings PLC (NYSE:LXFR) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 89,255 shares of the industrial products company’s stock, valued at approximately $1,241,000. Segall Bryant & Hamill LLC owned 0.33% of Luxfer as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in LXFR. Raymond James Financial Inc. acquired a new stake in Luxfer in the second quarter valued at about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Luxfer by 31.7% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,191 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 2,693 shares during the period. CWM LLC raised its position in shares of Luxfer by 68.7% during the third quarter. CWM LLC now owns 11,676 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 4,756 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Luxfer by 8.7% during the third quarter. Intech Investment Management LLC now owns 14,713 shares of the industrial products company’s stock worth $205,000 after buying an additional 1,178 shares during the period. Finally, Savant Capital LLC raised its stake in Luxfer by 8.4% during the second quarter. Savant Capital LLC now owns 18,127 shares of the industrial products company’s stock worth $221,000 after buying an additional 1,406 shares during the last quarter. Institutional investors own 90.82% of the company’s stock.

Wall Street Analyst Weigh In

LXFR has been the topic of several research reports. Wall Street Zen lowered shares of Luxfer from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research downgraded shares of Luxfer from a “hold” rating to a “strong sell” rating in a research report on Wednesday. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

Luxfer Stock Down 3.8%

LXFR opened at $11.96 on Friday. Luxfer Holdings PLC has a 12 month low of $9.41 and a 12 month high of $16.02. The company has a 50 day moving average of $14.60 and a 200 day moving average of $13.67. The company has a current ratio of 1.67, a quick ratio of 0.73 and a debt-to-equity ratio of 0.06. The company has a market cap of $318.69 million, a PE ratio of 41.25, a price-to-earnings-growth ratio of 1.78 and a beta of 1.01.

Luxfer Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Friday, January 23rd were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, January 23rd. Luxfer’s payout ratio is 179.31%.

Luxfer Company 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.