Luxfer Holdings PLC (NYSE:LXFR) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus price objective of $14.00 for the company and are expecting that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also assigned Luxfer Holdings PLC an industry rank of 88 out of 265 based on the ratings given to its competitors.

LXFR has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Luxfer Holdings PLC from a “sell” rating to a “hold” rating and set a $14.00 price objective for the company in a report on Wednesday, May 10th. TheStreet upgraded shares of Luxfer Holdings PLC from a “c+” rating to a “b” rating in a report on Wednesday, May 17th. Finally, ValuEngine cut shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

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A number of hedge funds and other institutional investors have recently modified their holdings of LXFR. FMR LLC boosted its position in shares of Luxfer Holdings PLC by 44.6% in the first quarter. FMR LLC now owns 1,680,566 shares of the industrial products company’s stock worth $20,436,000 after buying an additional 518,357 shares in the last quarter. Deprince Race & Zollo Inc. boosted its position in shares of Luxfer Holdings PLC by 47.0% in the first quarter. Deprince Race & Zollo Inc. now owns 1,402,622 shares of the industrial products company’s stock worth $17,056,000 after buying an additional 448,491 shares in the last quarter. Norges Bank purchased a new position in shares of Luxfer Holdings PLC during the fourth quarter worth about $2,569,000. Kempen Capital Management N.V. boosted its position in shares of Luxfer Holdings PLC by 93.7% in the first quarter. Kempen Capital Management N.V. now owns 165,001 shares of the industrial products company’s stock worth $2,006,000 after buying an additional 79,801 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Luxfer Holdings PLC by 1.4% in the first quarter. Wellington Management Group LLP now owns 3,544,918 shares of the industrial products company’s stock worth $43,106,000 after buying an additional 50,120 shares in the last quarter. Hedge funds and other institutional investors own 84.51% of the company’s stock.

Luxfer Holdings PLC (LXFR) traded down 1.28% during mid-day trading on Monday, reaching $13.10. The company had a trading volume of 9,593 shares. Luxfer Holdings PLC has a 1-year low of $9.28 and a 1-year high of $13.49. The company has a market capitalization of $345.83 million, a PE ratio of 17.49 and a beta of 0.82. The firm has a 50-day moving average of $12.70 and a 200 day moving average of $11.86.

Luxfer Holdings PLC (NYSE:LXFR) last issued its quarterly earnings data on Monday, May 8th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.07. The firm had revenue of $103.40 million during the quarter. Luxfer Holdings PLC had a net margin of 4.84% and a return on equity of 16.02%. On average, analysts predict that Luxfer Holdings PLC will post $1.06 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 2nd. Investors of record on Friday, July 14th will be issued a dividend of $0.125 per share. The ex-dividend date is Wednesday, July 12th. This represents a $0.50 dividend on an annualized basis and a yield of 3.77%. This is a boost from Luxfer Holdings PLC’s previous quarterly dividend of $0.12. Luxfer Holdings PLC’s payout ratio is currently 64.86%.

About Luxfer Holdings PLC

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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