Luxfer Holdings PLC (NYSE:LXFR) Holdings Boosted by MML Investors Services LLC

MML Investors Services LLC increased its holdings in Luxfer Holdings PLC (NYSE:LXFR) by 75.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,135 shares of the industrial products company’s stock after buying an additional 8,223 shares during the quarter. MML Investors Services LLC owned about 0.07% of Luxfer worth $248,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Royce & Associates LP raised its holdings in shares of Luxfer by 23.2% in the 3rd quarter. Royce & Associates LP now owns 1,348,392 shares of the industrial products company’s stock worth $17,462,000 after purchasing an additional 253,670 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Luxfer by 23.1% during the 2nd 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 in the last quarter. Panagora Asset Management Inc. acquired a new position in Luxfer in the 2nd quarter worth about $925,000. Dimensional Fund Advisors LP raised its position in Luxfer by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 512,495 shares of the industrial products company’s stock valued at $5,940,000 after acquiring an additional 61,475 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its stake in shares of Luxfer by 40.4% in the 2nd quarter. Acadian Asset Management LLC now owns 213,434 shares of the industrial products company’s stock valued at $2,471,000 after purchasing an additional 61,453 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Luxfer Trading Up 1.1 %

Shares of LXFR stock opened at $13.25 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. The firm has a fifty day moving average of $13.92 and a 200-day moving average of $12.51. The stock has a market cap of $354.84 million, a price-to-earnings ratio of 40.15, a P/E/G ratio of 2.29 and a beta of 0.87. Luxfer Holdings PLC has a 52-week low of $7.55 and a 52-week high of $15.64.

Luxfer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, October 18th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend was Friday, October 18th. Luxfer’s dividend payout ratio is currently 157.58%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Luxfer from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 17th.

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.