Luxfer Holdings PLC $LXFR Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 11.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,409,329 shares of the industrial products company’s stock after purchasing an additional 144,156 shares during the period. American Century Companies Inc. owned 5.27% of Luxfer worth $17,166,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Savant Capital LLC increased its stake in Luxfer by 8.4% during the 2nd quarter. Savant Capital LLC now owns 18,127 shares of the industrial products company’s stock worth $221,000 after buying an additional 1,406 shares in the last quarter. First Wilshire Securities Management Inc. raised its stake in Luxfer by 0.6% in the 1st quarter. First Wilshire Securities Management Inc. now owns 354,736 shares of the industrial products company’s stock valued at $4,207,000 after purchasing an additional 1,963 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Luxfer by 31.7% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,191 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 2,693 shares during the last quarter. CWM LLC lifted its holdings in Luxfer by 79.6% in the 2nd quarter. CWM LLC now owns 6,920 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 3,068 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in Luxfer by 20.5% during the 2nd quarter. Franklin Resources Inc. now owns 19,199 shares of the industrial products company’s stock worth $234,000 after purchasing an additional 3,268 shares during the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Luxfer Stock Up 0.9%

Luxfer stock opened at $12.77 on Wednesday. The company has a market capitalization of $341.24 million, a PE ratio of 24.10, a price-to-earnings-growth ratio of 1.65 and a beta of 1.02. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.71 and a current ratio of 1.66. Luxfer Holdings PLC has a fifty-two week low of $9.41 and a fifty-two week high of $14.95. The firm has a 50 day moving average price of $12.86 and a 200 day moving average price of $12.56.

Luxfer Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Friday, October 17th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, October 17th. Luxfer’s dividend payout ratio (DPR) is currently 98.11%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Luxfer in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Luxfer presently has an average rating of “Hold”.

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 first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.