Monarch Partners Asset Management LLC Sells 4,820 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Monarch Partners Asset Management LLC lowered its position in Luxfer Holdings PLC (NYSE:LXFR) by 15.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,426 shares of the industrial products company’s stock after selling 4,820 shares during the period. Monarch Partners Asset Management LLC’s holdings in Luxfer were worth $396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC increased its holdings in Luxfer by 4.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 17,615 shares of the industrial products company’s stock worth $432,000 after purchasing an additional 782 shares in the last quarter. First Mercantile Trust Co. increased its holdings in Luxfer by 20.6% during the 3rd quarter. First Mercantile Trust Co. now owns 9,775 shares of the industrial products company’s stock worth $152,000 after purchasing an additional 1,670 shares in the last quarter. Royal Bank of Canada increased its holdings in Luxfer by 396.8% during the 2nd quarter. Royal Bank of Canada now owns 2,365 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 1,889 shares in the last quarter. Atria Investments LLC bought a new position in Luxfer during the 2nd quarter worth about $375,000. Finally, Aperio Group LLC increased its holdings in Luxfer by 27.6% during the 2nd quarter. Aperio Group LLC now owns 24,045 shares of the industrial products company’s stock worth $590,000 after purchasing an additional 5,202 shares in the last quarter.

In other Luxfer news, Director Richard J. Hipple acquired 3,000 shares of Luxfer stock in a transaction dated Wednesday, August 14th. The stock was bought at an average cost of $16.25 per share, for a total transaction of $48,750.00. Following the purchase, the director now directly owns 3,000 shares in the company, valued at approximately $48,750. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.46% of the company’s stock.

Shares of Luxfer stock traded up $0.28 during trading hours on Friday, reaching $17.39. 107,997 shares of the company’s stock were exchanged, compared to its average volume of 197,392. The company has a 50 day moving average of $16.13 and a two-hundred day moving average of $19.96. Luxfer Holdings PLC has a fifty-two week low of $14.65 and a fifty-two week high of $27.79. The company has a current ratio of 2.58, a quick ratio of 1.26 and a debt-to-equity ratio of 0.59. The stock has a market cap of $458.52 million, a P/E ratio of 10.29 and a beta of 1.10.

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Luxfer (NYSE:LXFR) last posted its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.02). Luxfer had a positive return on equity of 23.71% and a negative net margin of 0.66%. The business had revenue of $107.10 million for the quarter, compared to analyst estimates of $103.00 million. As a group, analysts expect that Luxfer Holdings PLC will post 1.47 earnings per share for the current fiscal year.

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, October 18th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, October 17th.

A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Luxfer from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. ValuEngine upgraded Luxfer from a “sell” rating to a “hold” rating in a report on Thursday, October 24th.

Luxfer Profile

Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments. The Gas Cylinders segment manufactures and markets high-pressure aluminum and composite cylinders, systems, and accessories under the Luxfer Gas Cylinders and Superform brands.

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Institutional Ownership by Quarter for Luxfer (NYSE:LXFR)

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