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.
WARNING: This article was posted by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://transcriptdaily.com/2017/11/27/luxfer-holdings-plc-lxfr-reaches-new-1-year-high-at-14-73.html.
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.
Receive News & Ratings for Luxfer Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luxfer Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.