Archer Capital Management L.P. lessened its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 38.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,045,913 shares of the industrial products company’s stock after selling 655,620 shares during the quarter. Luxfer makes up about 6.4% of Archer Capital Management L.P.’s portfolio, making the stock its 6th biggest holding. Archer Capital Management L.P. owned approximately 3.96% of Luxfer worth $16,525,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. OxFORD Asset Management LLP acquired a new stake in Luxfer during the 3rd quarter worth $450,000. Smith Asset Management Group LP boosted its position in shares of Luxfer by 114.5% during the 4th quarter. Smith Asset Management Group LP now owns 14,010 shares of the industrial products company’s stock valued at $221,000 after acquiring an additional 7,480 shares during the last quarter. Robecosam AG boosted its position in shares of Luxfer by 12.0% during the 3rd quarter. Robecosam AG now owns 450,000 shares of the industrial products company’s stock valued at $5,594,000 after acquiring an additional 48,300 shares during the last quarter. Paradice Investment Management LLC boosted its position in shares of Luxfer by 14.6% during the 3rd quarter. Paradice Investment Management LLC now owns 2,002,400 shares of the industrial products company’s stock valued at $24,930,000 after acquiring an additional 255,737 shares during the last quarter. Finally, Investors Research Corp acquired a new position in shares of Luxfer during the 4th quarter valued at about $228,000. 80.17% of the stock is currently owned by institutional investors.
Luxfer Holdings PLC (NYSE:LXFR) opened at $14.40 on Wednesday. The company has a current ratio of 2.34, a quick ratio of 1.22 and a debt-to-equity ratio of 0.61. The firm has a market cap of $380.38, a PE ratio of 22.50 and a beta of 0.81. Luxfer Holdings PLC has a 1 year low of $10.85 and a 1 year high of $16.21.
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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