Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.97 and traded as high as $14.84. Luxfer shares last traded at $14.21, with a volume of 78,942 shares trading hands.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Luxfer from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, January 22nd.
Check Out Our Latest Stock Analysis on LXFR
Luxfer Stock Performance
The company has a market capitalization of $380.28 million, a PE ratio of 43.03, a PEG ratio of 1.87 and a beta of 0.88. 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 company has a 50-day moving average price of $13.63 and a two-hundred day moving average price of $13.01.
Luxfer Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 5th. Stockholders of record on Friday, January 17th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Monday, January 27th. Luxfer's dividend payout ratio (DPR) is presently 157.58%.
Hedge Funds Weigh In On Luxfer
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FMR LLC grew its position in Luxfer by 1.6% during the third quarter. FMR LLC now owns 2,725,821 shares of the industrial products company's stock worth $35,299,000 after buying an additional 43,559 shares in the last quarter. Bank of America Corp DE lifted its stake in Luxfer by 48.3% during the fourth quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company's stock worth $24,272,000 after purchasing an additional 603,954 shares during the last quarter. Royce & Associates LP lifted its stake in Luxfer by 20.4% during 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 during the last quarter. Artisan Partners Limited Partnership lifted its stake in Luxfer by 17.3% during the fourth quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company's stock worth $10,282,000 after purchasing an additional 115,623 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Luxfer by 14.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 670,564 shares of the industrial products company's stock worth $8,778,000 after purchasing an additional 84,097 shares during the last quarter. 90.82% of the stock is currently owned by hedge funds and other institutional investors.
About Luxfer
(
Get Free Report)
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.
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