GSA Capital Partners LLP Purchases 20,097 Shares of Luxoft Holding, Inc. (LXFT)

GSA Capital Partners LLP increased its position in Luxoft Holding, Inc. (NYSE:LXFT) by 132.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,307 shares of the software maker’s stock after purchasing an additional 20,097 shares during the period. GSA Capital Partners LLP owned approximately 0.16% of Luxoft worth $1,688,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. California Public Employees Retirement System lifted its holdings in shares of Luxoft by 9.0% in the 3rd quarter. California Public Employees Retirement System now owns 28,548 shares of the software maker’s stock worth $1,365,000 after purchasing an additional 2,348 shares in the last quarter. Janney Capital Management LLC lifted its stake in Luxoft by 75.4% during the 3rd quarter. Janney Capital Management LLC now owns 8,898 shares of the software maker’s stock valued at $425,000 after acquiring an additional 3,825 shares in the last quarter. Grandeur Peak Global Advisors LLC lifted its stake in Luxoft by 6.4% during the 3rd quarter. Grandeur Peak Global Advisors LLC now owns 242,850 shares of the software maker’s stock valued at $11,608,000 after acquiring an additional 14,625 shares in the last quarter. NWQ Investment Management Company LLC lifted its stake in Luxoft by 90.5% during the 3rd quarter. NWQ Investment Management Company LLC now owns 603,218 shares of the software maker’s stock valued at $28,834,000 after acquiring an additional 286,497 shares in the last quarter. Finally, OxFORD Asset Management LLP lifted its stake in Luxoft by 117.8% during the 3rd quarter. OxFORD Asset Management LLP now owns 50,833 shares of the software maker’s stock valued at $2,356,000 after acquiring an additional 27,492 shares in the last quarter. Institutional investors own 52.56% of the company’s stock.

LXFT has been the topic of several recent analyst reports. Pivotal Research initiated coverage on Luxoft in a research note on Tuesday, December 5th. They set a “buy” rating and a $70.00 price objective on the stock. Cowen restated a “buy” rating and set a $63.00 price objective on shares of Luxoft in a research note on Thursday, October 12th. BidaskClub upgraded Luxoft from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. KeyCorp restated a “hold” rating on shares of Luxoft in a research note on Thursday, September 28th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $47.00 price objective on shares of Luxoft in a research note on Friday, November 17th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Luxoft has a consensus rating of “Hold” and a consensus price target of $60.75.

Shares of Luxoft Holding, Inc. (NYSE LXFT) opened at $54.60 on Monday. Luxoft Holding, Inc. has a 12-month low of $40.15 and a 12-month high of $67.85. The stock has a market capitalization of $1,839.86, a price-to-earnings ratio of 26.12 and a beta of 1.48.

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About Luxoft

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 (NYSE:LXFT)

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