Allspring Global Investments Holdings LLC Invests $26,000 in Luxfer Holdings PLC (NYSE:LXFR)

Allspring Global Investments Holdings LLC purchased a new stake in Luxfer Holdings PLC (NYSE:LXFR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,795 shares of the industrial products company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rhumbline Advisers raised its position in Luxfer by 2.1% in the 1st quarter. Rhumbline Advisers now owns 38,628 shares of the industrial products company’s stock valued at $653,000 after buying an additional 794 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Luxfer by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 73,038 shares of the industrial products company’s stock valued at $1,002,000 after purchasing an additional 1,029 shares during the period. Sei Investments Co. grew its stake in Luxfer by 1.2% in the 1st quarter. Sei Investments Co. now owns 89,288 shares of the industrial products company’s stock valued at $1,509,000 after purchasing an additional 1,034 shares during the period. Keeley Teton Advisors LLC grew its stake in Luxfer by 10.2% in the 1st quarter. Keeley Teton Advisors LLC now owns 11,900 shares of the industrial products company’s stock valued at $201,000 after purchasing an additional 1,100 shares during the period. Finally, Deutsche Bank AG grew its stake in Luxfer by 12.8% in the 4th quarter. Deutsche Bank AG now owns 12,397 shares of the industrial products company’s stock valued at $170,000 after purchasing an additional 1,405 shares during the period. 95.03% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Luxfer

In related news, CEO Andrew Butcher bought 5,800 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was acquired at an average price of $8.62 per share, for a total transaction of $49,996.00. Following the purchase, the chief executive officer now directly owns 124,534 shares in the company, valued at $1,073,483.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Andrew Butcher bought 5,800 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was acquired at an average price of $8.62 per share, for a total transaction of $49,996.00. Following the purchase, the chief executive officer now directly owns 124,534 shares in the company, valued at $1,073,483.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Patrick K. Mullen bought 11,735 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was bought at an average price of $8.37 per share, with a total value of $98,221.95. Following the purchase, the director now owns 25,264 shares in the company, valued at $211,459.68. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 18,735 shares of company stock worth $158,370. 1.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Luxfer in a research note on Thursday, October 5th. They issued a “hold” rating for the company.

Luxfer Stock Up 1.1 %

Shares of NYSE:LXFR opened at $8.50 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.37 and a quick ratio of 1.00. The company has a market capitalization of $228.40 million, a PE ratio of 40.48 and a beta of 0.94. Luxfer Holdings PLC has a 1 year low of $7.91 and a 1 year high of $17.83. The business has a fifty day moving average price of $10.53 and a two-hundred day moving average price of $12.64.

Luxfer (NYSE:LXFR) last posted its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $97.40 million during the quarter, compared to the consensus estimate of $97.00 million. Luxfer had a return on equity of 9.56% and a net margin of 1.39%.

Luxfer Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.52 annualized dividend and a dividend yield of 6.12%. Luxfer’s payout ratio is 247.62%.

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 emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders.