Guardian Capital LP grew its holdings in shares of Luxoft Holding, Inc. (NYSE:LXFT) by 20.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,995 shares of the software maker’s stock after buying an additional 6,500 shares during the quarter. Guardian Capital LP owned approximately 0.18% of Luxoft Holding worth $2,373,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of LXFT. Numeric Investors LLC boosted its stake in shares of Luxoft Holding by 24.4% during the 2nd quarter. Numeric Investors LLC now owns 97,900 shares of the software maker’s stock worth $5,957,000 after buying an additional 19,200 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Luxoft Holding by 114.1% in the second quarter. Dimensional Fund Advisors LP now owns 122,150 shares of the software maker’s stock valued at $7,433,000 after acquiring an additional 65,097 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Luxoft Holding by 6.9% in the second quarter. California Public Employees Retirement System now owns 26,200 shares of the software maker’s stock valued at $1,594,000 after acquiring an additional 1,700 shares during the last quarter. FMR LLC increased its position in shares of Luxoft Holding by 5.4% in the second quarter. FMR LLC now owns 2,058,143 shares of the software maker’s stock valued at $125,239,000 after acquiring an additional 105,039 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Luxoft Holding by 104.6% in the second quarter. Vanguard Group Inc. now owns 7,824 shares of the software maker’s stock valued at $476,000 after acquiring an additional 4,000 shares during the last quarter. 80.02% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Luxoft Holding, Inc. (NYSE LXFT) traded up 0.63% during trading on Monday, reaching $48.10. The company’s stock had a trading volume of 26,626 shares. The stock’s 50 day moving average price is $51.56 and its 200-day moving average price is $59.24. The firm has a market cap of $1.61 billion, a PE ratio of 30.10 and a beta of 1.48. Luxoft Holding, Inc. has a 12 month low of $40.15 and a 12 month high of $67.85.

Several analysts recently issued reports on the company. KeyCorp reiterated a “hold” rating on shares of Luxoft Holding in a report on Thursday. Credit Suisse Group downgraded Luxoft Holding from a “neutral” rating to an “underperform” rating in a research note on Thursday, September 7th. Zacks Investment Research downgraded Luxoft Holding from a “buy” rating to a “strong sell” rating in a research note on Wednesday, August 16th. VTB Capital assumed coverage on Luxoft Holding in a research report on Tuesday, August 15th. They set a “buy” rating and a $65.00 price target on the stock. Finally, Berenberg Bank set a $60.00 price objective on Luxoft Holding and gave the stock a “buy” rating in a research note on Monday, August 14th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $64.38.

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Luxoft Holding Company Profile

Luxoft Holding, Inc, is a provider of software development services and information technology (IT) solutions to a global client base consisting primarily of large multinational corporations. The Company’s software development services consist of custom software development and support, product engineering and testing, and technology consulting.

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Institutional Ownership by Quarter for Luxoft Holding (NYSE:LXFT)

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