Geode Capital Management LLC Purchases 15,030 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Geode Capital Management LLC boosted its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 627,817 shares of the industrial products company’s stock after purchasing an additional 15,030 shares during the period. Geode Capital Management LLC owned about 2.34% of Luxfer worth $8,132,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of LXFR. Royce & Associates LP grew its holdings in shares of 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 purchasing an additional 253,670 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Luxfer by 23.1% during the second quarter. American Century Companies Inc. now owns 899,263 shares of the industrial products company’s stock worth $10,422,000 after buying an additional 169,015 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Luxfer by 13.6% during the second quarter. Dimensional Fund Advisors LP now owns 512,495 shares of the industrial products company’s stock worth $5,940,000 after buying an additional 61,475 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Luxfer by 40.4% during the second quarter. Acadian Asset Management LLC now owns 213,434 shares of the industrial products company’s stock worth $2,471,000 after buying an additional 61,453 shares in the last quarter. Finally, Earnest Partners LLC lifted its stake in shares of Luxfer by 11.5% in the 2nd quarter. Earnest Partners LLC now owns 558,449 shares of the industrial products company’s stock valued at $6,472,000 after acquiring an additional 57,656 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Luxfer Stock Performance

Luxfer stock opened at $13.04 on Friday. The business has a 50 day moving average of $13.98 and a 200-day moving average of $12.57. The company has a market capitalization of $349.28 million, a P/E ratio of 39.52, a P/E/G ratio of 2.29 and a beta of 0.87. Luxfer Holdings PLC has a 1 year low of $7.55 and a 1 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.

Analyst Upgrades and Downgrades

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

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.