Fmr LLC decreased its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 4.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,199,557 shares of the industrial products company’s stock after selling 110,132 shares during the quarter. Fmr LLC owned 0.08% of Luxfer worth $38,449,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Paradice Investment Management LLC grew its stake in shares of Luxfer by 2.9% during the 2nd quarter. Paradice Investment Management LLC now owns 2,086,222 shares of the industrial products company’s stock worth $36,467,000 after acquiring an additional 59,262 shares during the period. Kempen Capital Management N.V. grew its stake in shares of Luxfer by 1.8% during the 1st quarter. Kempen Capital Management N.V. now owns 679,535 shares of the industrial products company’s stock worth $8,698,000 after acquiring an additional 11,804 shares during the period. Acadian Asset Management LLC grew its stake in shares of Luxfer by 24.3% during the 2nd quarter. Acadian Asset Management LLC now owns 428,649 shares of the industrial products company’s stock worth $7,493,000 after acquiring an additional 83,696 shares during the period. Millennium Management LLC grew its stake in shares of Luxfer by 378.0% during the 1st quarter. Millennium Management LLC now owns 231,935 shares of the industrial products company’s stock worth $2,969,000 after acquiring an additional 183,416 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Luxfer by 3,428.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 154,423 shares of the industrial products company’s stock worth $2,697,000 after acquiring an additional 150,047 shares during the period. Institutional investors own 87.24% of the company’s stock.

Shares of NYSE LXFR opened at $23.10 on Friday. Luxfer Holdings PLC has a 52 week low of $11.96 and a 52 week high of $24.27. The company has a quick ratio of 1.10, a current ratio of 2.43 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $616.79 million, a price-to-earnings ratio of 24.32 and a beta of 0.88.

Luxfer (NYSE:LXFR) last issued its earnings results on Wednesday, August 1st. The industrial products company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.31 by $0.09. Luxfer had a return on equity of 19.79% and a net margin of 4.51%. The business had revenue of $128.20 million during the quarter. equities analysts forecast that Luxfer Holdings PLC will post 1.45 earnings per share for the current fiscal year.

LXFR has been the subject of several research reports. Zacks Investment Research upgraded Luxfer from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a research note on Thursday, August 9th. KeyCorp reiterated a “buy” rating and set a $23.00 price target (up previously from $19.00) on shares of Luxfer in a research note on Monday, August 6th. Finally, ValuEngine upgraded Luxfer from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 22nd.

Luxfer Profile

Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas-containment devices for transportation, defense and emergency response, healthcare, and general industrial applications in Europe, North America, the Asia Pacific, and internationally.

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Institutional Ownership by Quarter for Luxfer (NYSE:LXFR)

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