Barclays PLC boosted its holdings in Luxfer Holdings PLC (NYSE:LXFR – Free Report) by 64.2% in the third quarter, HoldingsChannel.com reports. The firm owned 66,809 shares of the industrial products company’s stock after buying an additional 26,112 shares during the quarter. Barclays PLC’s holdings in Luxfer were worth $865,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC boosted its holdings in Luxfer by 1.6% in the third quarter. FMR LLC now owns 2,725,821 shares of the industrial products company’s stock valued at $35,299,000 after purchasing an additional 43,559 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of Luxfer by 23.2% in the third quarter. Royce & Associates LP now owns 1,348,392 shares of the industrial products company’s stock valued at $17,462,000 after acquiring an additional 253,670 shares during the period. American Century Companies Inc. boosted its holdings in shares of Luxfer by 23.1% in the second quarter. American Century Companies Inc. now owns 899,263 shares of the industrial products company’s stock valued at $10,422,000 after acquiring an additional 169,015 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Luxfer by 2.5% in the third quarter. Geode Capital Management LLC now owns 627,817 shares of the industrial products company’s stock valued at $8,132,000 after acquiring an additional 15,030 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of Luxfer by 7.0% in the second quarter. AQR Capital Management LLC now owns 561,878 shares of the industrial products company’s stock valued at $6,512,000 after acquiring an additional 36,711 shares during the period. 90.82% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, StockNews.com raised Luxfer from a “buy” rating to a “strong-buy” rating in a report on Tuesday.
Luxfer Price Performance
Shares of NYSE LXFR opened at $13.23 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The stock has a fifty day moving average price of $13.78 and a 200 day moving average price of $12.66. Luxfer Holdings PLC has a 1-year low of $7.55 and a 1-year high of $15.64. The company has a market cap of $354.37 million, a PE ratio of 40.09, a P/E/G ratio of 2.29 and a beta of 0.88.
Luxfer Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 5th. Investors of record on Friday, January 17th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.93%. Luxfer’s dividend payout ratio is presently 157.58%.
Luxfer Company Profile
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.
Featured Articles
- Five stocks we like better than Luxfer
- Golden Cross Stocks: Pattern, Examples and Charts
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- Upcoming IPO Stock Lockup Period, Explained
- How Do Stock Buybacks Affect Shareholders?
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Want to see what other hedge funds are holding LXFR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Luxfer Holdings PLC (NYSE:LXFR – Free Report).
Receive News & Ratings for Luxfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luxfer and related companies with MarketBeat.com's FREE daily email newsletter.