Prey XBONE - jerky animations

[EK993]

Picked up Prey recently. on XBONE. The background animations (ceiling fans, electric sparks, fires, TV screens etc) are all extremely jerky and seem to have very few frames of animation - for example the fire coming out of gas pipes or on the floor seems to consist of 3 frames of animation that loops. Makes the game look like something from a 1980's Nintendo console!

Is this normal - or something is wrong?