Bank of New York Mellon Corp Has $1.21 Million Stock Holdings in Luxfer Holdings PLC (NYSE:LXFR)

Bank of New York Mellon Corp increased its position in shares of Luxfer Holdings PLC (NYSE:LXFR) by 14.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,399 shares of the industrial products company’s stock after purchasing an additional 12,847 shares during the quarter. Bank of New York Mellon Corp owned 0.38% of Luxfer worth $1,210,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LXFR. CWM LLC lifted its stake in shares of Luxfer by 466.6% in the 2nd quarter. CWM LLC now owns 7,558 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 6,224 shares during the last quarter. Oxford Asset Management LLP acquired a new stake in Luxfer during the 4th quarter worth approximately $113,000. Dynamic Technology Lab Private Ltd bought a new stake in Luxfer during the 4th quarter worth approximately $131,000. Russell Investments Group Ltd. increased its position in Luxfer by 254.8% in the 1st quarter. Russell Investments Group Ltd. now owns 18,721 shares of the industrial products company’s stock valued at $194,000 after acquiring an additional 13,445 shares during the period. Finally, Quadrature Capital Ltd bought a new position in shares of Luxfer during the first quarter valued at $288,000. Institutional investors own 90.82% of the company’s stock.

Luxfer Price Performance

Shares of NYSE:LXFR opened at $12.50 on Friday. The firm has a market cap of $342.68 million, a PE ratio of 11.47, a price-to-earnings-growth ratio of 2.10 and a beta of 0.90. Luxfer Holdings PLC has a 52 week low of $7.55 and a 52 week high of $13.52. The firm’s fifty day moving average is $11.50 and its 200-day moving average is $11.21. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 2.39.

Luxfer (NYSE:LXFR) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Luxfer had a positive return on equity of 6.24% and a negative net margin of 1.28%. The firm had revenue of $99.70 million for the quarter, compared to analyst estimates of $99.70 million. Sell-side analysts predict that Luxfer Holdings PLC will post 0.75 earnings per share for the current year.

Luxfer Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Friday, July 19th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, July 19th. This represents a $0.52 annualized dividend and a yield of 4.16%. Luxfer’s payout ratio is 47.71%.

Insider Transactions at Luxfer

In other news, insider Graham Wardlow sold 6,500 shares of Luxfer stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $10.83, for a total value of $70,395.00. Following the completion of the transaction, the insider now directly owns 29,008 shares of the company’s stock, valued at approximately $314,156.64. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.17% of the company’s stock.

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.