Luxfer Holdings PLC (LXFR) Increases Dividend to $0.13 Per Share
Luxfer Holdings PLC (NYSE:LXFR) declared a dividend on Monday, September 26th. Investors of record on Friday, October 14th will be given a dividend of 0.125 per share on Wednesday, November 2nd. The ex-dividend date of this dividend is Wednesday, October 12th. This is a positive change from Luxfer Holdings PLC’s previous dividend of $0.12.
Luxfer Holdings PLC (NYSE:LXFR) opened at 11.36 on Friday. The stock has a market cap of $298.76 million, a P/E ratio of 10.65 and a beta of 0.63. Luxfer Holdings PLC has a 1-year low of $9.17 and a 1-year high of $13.60. The company has a 50-day moving average of $11.27 and a 200 day moving average of $11.87.
Luxfer Holdings PLC (NYSE:LXFR) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. The company earned $111 million during the quarter, compared to analyst estimates of $113.92 million. Luxfer Holdings PLC had a net margin of 6.56% and a return on equity of 18.51%. Analysts predict that Luxfer Holdings PLC will post $1.14 EPS for the current year.
Several equities research analysts have issued reports on LXFR shares. Credit Suisse Group AG reaffirmed a “buy” rating and set a $16.00 target price on shares of Luxfer Holdings PLC in a research note on Sunday, July 10th. TheStreet cut shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th. Finally, Zacks Investment Research cut shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th.
A hedge fund recently raised its stake in Luxfer Holdings PLC stock. O Shaughnessy Asset Management LLC boosted its stake in shares of Luxfer Holdings PLC (NYSE:LXFR) by 163.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 13,228 shares of the company’s stock after buying an additional 8,209 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Luxfer Holdings PLC were worth $159,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 84.65% of the company’s stock.
About Luxfer Holdings PLC
Luxfer Holdings PLC is a holding company. The Company is a global materials technology company specializing in the design, manufacture and supply of materials, components and high-pressure gas-containment devices for healthcare, environmental, protection and specialty end-markets. Its segments include Elektron division and Gas Cylinders division.
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