American Century Companies Inc. Sells 57,620 Shares of Luxfer Holdings PLC (NYSE:LXFR)

American Century Companies Inc. lessened its stake in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,199,703 shares of the industrial products company's stock after selling 57,620 shares during the period. American Century Companies Inc. owned about 4.48% of Luxfer worth $15,704,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in LXFR. Royce & Associates LP lifted its position in shares of Luxfer by 20.4% in the fourth quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company's stock worth $21,259,000 after purchasing an additional 275,669 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Luxfer by 23.3% during the 4th quarter. First Eagle Investment Management LLC now owns 425,656 shares of the industrial products company's stock valued at $5,572,000 after buying an additional 80,500 shares during the period. FMR LLC increased its stake in shares of Luxfer by 1.6% in the third quarter. FMR LLC now owns 2,725,821 shares of the industrial products company's stock worth $35,299,000 after acquiring an additional 43,559 shares during the last quarter. Barclays PLC raised its holdings in shares of Luxfer by 64.2% during the third quarter. Barclays PLC now owns 66,809 shares of the industrial products company's stock worth $865,000 after acquiring an additional 26,112 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in Luxfer by 75.8% in the third quarter. Stifel Financial Corp now owns 40,379 shares of the industrial products company's stock valued at $523,000 after purchasing an additional 17,405 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.

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Luxfer Stock Down 5.8 %

NYSE LXFR traded down $0.62 during trading on Friday, reaching $10.04. The company's stock had a trading volume of 141,797 shares, compared to its average volume of 134,270. 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 $9.26 and a 1-year high of $15.64. The business has a 50-day moving average price of $12.91 and a 200-day moving average price of $13.29. The stock has a market capitalization of $268.49 million, a PE ratio of 30.42, a PEG ratio of 1.85 and a beta of 0.93.

Luxfer (NYSE:LXFR - Get Free Report) last announced its earnings results on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. Luxfer had a return on equity of 9.26% and a net margin of 2.37%. The firm had revenue of $103.40 million during the quarter, compared to analysts' expectations of $89.50 million. On average, research analysts forecast that Luxfer Holdings PLC will post 0.85 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 17th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date was Monday, January 27th. Luxfer's dividend payout ratio is 76.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Luxfer from a "buy" rating to a "strong-buy" rating in a report on Friday, February 21st.

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.