Luxfer Holdings PLC $LXFR Shares Purchased by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership increased its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 11.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,403,485 shares of the industrial products company’s stock after buying an additional 149,807 shares during the period. Artisan Partners Limited Partnership owned about 5.24% of Luxfer worth $17,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC purchased a new position in shares of Luxfer during the 1st quarter worth approximately $2,821,000. Royce & Associates LP grew its holdings in Luxfer by 8.4% during the 1st quarter. Royce & Associates LP now owns 1,759,749 shares of the industrial products company’s stock valued at $20,871,000 after buying an additional 135,688 shares during the last quarter. American Century Companies Inc. increased its position in Luxfer by 5.5% during the first quarter. American Century Companies Inc. now owns 1,265,173 shares of the industrial products company’s stock worth $15,005,000 after buying an additional 65,470 shares in the last quarter. Earnest Partners LLC raised its holdings in shares of Luxfer by 6.5% in the first quarter. Earnest Partners LLC now owns 738,724 shares of the industrial products company’s stock worth $8,761,000 after acquiring an additional 45,172 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Luxfer in the first quarter valued at $504,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LXFR. Wall Street Zen downgraded Luxfer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Luxfer in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Luxfer presently has a consensus rating of “Hold”.

Luxfer Stock Performance

Shares of LXFR stock opened at $12.02 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.66 and a quick ratio of 0.71. The company’s fifty day moving average price is $13.08 and its two-hundred day moving average price is $12.51. The firm has a market capitalization of $321.07 million, a P/E ratio of 22.67, a P/E/G ratio of 1.52 and a beta of 1.10. Luxfer Holdings PLC has a 12 month low of $9.41 and a 12 month high of $15.40.

Luxfer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Friday, October 17th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, October 17th. This represents a $0.52 annualized dividend and a yield of 4.3%. Luxfer’s payout ratio is presently 98.11%.

Luxfer Company 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.