Fmr LLC Acquires 43,559 Shares of Luxfer Holdings PLC (NYSE:LXFR)

FMR LLC raised its stake in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,725,821 shares of the industrial products company's stock after purchasing an additional 43,559 shares during the quarter. FMR LLC owned 10.18% of Luxfer worth $35,299,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Luxfer by 188.8% during the first quarter. Vanguard Group Inc. now owns 1,685,338 shares of the industrial products company's stock worth $17,477,000 after purchasing an additional 1,101,856 shares during the last quarter. Royce & Associates LP increased its stake 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 buying an additional 253,670 shares in the last quarter. American Century Companies Inc. increased its stake 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 buying an additional 169,015 shares in the last quarter. AQR Capital Management LLC increased its stake 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 buying an additional 36,711 shares in the last quarter. Finally, Earnest Partners LLC increased its stake in shares of Luxfer by 11.5% in the second quarter. Earnest Partners LLC now owns 558,449 shares of the industrial products company's stock valued at $6,472,000 after buying an additional 57,656 shares in the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Luxfer from a "buy" rating to a "strong-buy" rating in a research note on Thursday, October 31st.

Luxfer Trading Up 2.0 %

LXFR stock traded up $0.27 during midday trading on Monday, reaching $14.10. The stock had a trading volume of 123,890 shares, compared to its average volume of 155,650. The business has a fifty day simple moving average of $13.74 and a two-hundred day simple moving average of $12.37. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The firm has a market cap of $377.60 million, a price-to-earnings ratio of 41.91, a PEG ratio of 2.32 and a beta of 0.87. Luxfer Holdings PLC has a twelve month low of $7.55 and a twelve month high of $15.64.

Luxfer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, October 18th were given a $0.13 dividend. The ex-dividend date was Friday, October 18th. This represents a $0.52 dividend on an annualized basis and a yield of 3.69%. Luxfer's payout ratio is 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.