State Street Corp Acquires 1,413 Shares of Luxfer Holdings PLC (NYSE:LXFR)

State Street Corp grew its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 0.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 558,847 shares of the industrial products company’s stock after buying an additional 1,413 shares during the quarter. State Street Corp owned 2.09% of Luxfer worth $7,237,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Royce & Associates LP boosted its holdings in Luxfer by 23.2% during the 3rd quarter. Royce & Associates LP now owns 1,348,392 shares of the industrial products company’s stock valued at $17,462,000 after acquiring an additional 253,670 shares during the period. American Century Companies Inc. grew its holdings 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 worth $10,422,000 after purchasing an additional 169,015 shares during the last quarter. Panagora Asset Management Inc. purchased a new position in shares of Luxfer in the second quarter worth $925,000. Dimensional Fund Advisors LP raised its holdings in Luxfer by 13.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 512,495 shares of the industrial products company’s stock valued at $5,940,000 after buying an additional 61,475 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in Luxfer by 40.4% during 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 buying an additional 61,453 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

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

Luxfer Trading Down 2.7 %

LXFR opened at $13.09 on Friday. Luxfer Holdings PLC has a one year low of $7.55 and a one year high of $15.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The business has a 50 day simple moving average of $13.93 and a two-hundred day simple moving average of $12.53. The firm has a market capitalization of $350.62 million, a price-to-earnings ratio of 39.67, a PEG ratio of 2.29 and a beta of 0.87.

Luxfer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, October 18th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, October 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.97%. Luxfer’s dividend payout ratio is presently 157.58%.

Luxfer 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.