Luxfer Holdings PLC (LXFR) Reaches New 1-Year High at $14.73

Luxfer Holdings PLC (NYSE:LXFR)’s share price reached a new 52-week high on Monday . The company traded as high as $14.73 and last traded at $14.43, with a volume of 25700 shares. The stock had previously closed at $14.23.

A number of research firms recently weighed in on LXFR. BidaskClub cut Luxfer from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Zacks Investment Research raised Luxfer from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Finally, ValuEngine raised Luxfer from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th.

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.34 and a quick ratio of 1.22. The firm has a market cap of $381.17, a P/E ratio of 15.86 and a beta of 0.84.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Monday, October 16th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, October 13th. This represents a $0.50 annualized dividend and a yield of 3.47%. Luxfer’s dividend payout ratio (DPR) is currently 75.00%.

Large investors have recently bought and sold shares of the business. Paradice Investment Management LLC increased its stake in Luxfer by 0.8% during the 2nd quarter. Paradice Investment Management LLC now owns 1,746,663 shares of the industrial products company’s stock worth $22,340,000 after buying an additional 14,300 shares in the last quarter. Advisors Preferred LLC purchased a new stake in Luxfer during the 3rd quarter worth approximately $120,000. Deprince Race & Zollo Inc. increased its stake in Luxfer by 2.8% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,511,468 shares of the industrial products company’s stock worth $18,818,000 after buying an additional 40,737 shares in the last quarter. Robecosam AG increased its stake in Luxfer by 12.0% during the 3rd quarter. Robecosam AG now owns 450,000 shares of the industrial products company’s stock worth $5,594,000 after buying an additional 48,300 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Luxfer by 13.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 113,642 shares of the industrial products company’s stock worth $1,453,000 after buying an additional 13,500 shares in the last quarter. Institutional investors own 85.69% of the company’s stock.

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Luxfer Company Profile

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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