Stifel Financial Corp Has $523,000 Holdings in Luxfer Holdings PLC (NYSE:LXFR)

Stifel Financial Corp increased its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 75.8% during the third quarter, HoldingsChannel reports. The fund owned 40,379 shares of the industrial products company’s stock after buying an additional 17,405 shares during the period. Stifel Financial Corp’s holdings in Luxfer were worth $523,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in Luxfer by 14.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 104,399 shares of the industrial products company’s stock worth $1,210,000 after purchasing an additional 12,847 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Luxfer during the second quarter worth about $281,000. Panagora Asset Management Inc. acquired a new stake in Luxfer in the 2nd quarter valued at approximately $925,000. Los Angeles Capital Management LLC bought a new stake in Luxfer in the 2nd quarter valued at approximately $656,000. Finally, Acadian Asset Management LLC boosted its position in Luxfer by 40.4% during the 2nd quarter. Acadian Asset Management LLC now owns 213,434 shares of the industrial products company’s stock worth $2,471,000 after acquiring an additional 61,453 shares during the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Luxfer Stock Up 1.6 %

Shares of LXFR stock opened at $13.46 on Friday. The firm’s fifty day moving average price is $13.92 and its two-hundred day moving average price is $12.51. The company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29. Luxfer Holdings PLC has a 1 year low of $7.55 and a 1 year high of $15.64. The firm has a market capitalization of $360.53 million, a P/E ratio of 40.79, a PEG ratio of 2.29 and a beta of 0.87.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, October 18th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Friday, October 18th. Luxfer’s dividend payout ratio is currently 157.58%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Luxfer from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 17th.

About Luxfer

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.