ValuEngine upgraded shares of Luxfer Holdings PLC (NYSE:LXFR) from a hold rating to a buy rating in a report issued on Thursday, July 6th.

A number of other research firms have also weighed in on LXFR. TheStreet upgraded Luxfer Holdings PLC from a c+ rating to a b rating in a research note on Wednesday, May 17th. Zacks Investment Research upgraded Luxfer Holdings PLC from a sell rating to a hold rating and set a $14.00 price objective for the company in a research note on Wednesday, May 10th.

Shares of Luxfer Holdings PLC (LXFR) traded down 2.09% during mid-day trading on Thursday, reaching $12.65. The company’s stock had a trading volume of 28,823 shares. Luxfer Holdings PLC has a 12-month low of $9.28 and a 12-month high of $13.49. The firm has a market cap of $333.95 million, a P/E ratio of 16.89 and a beta of 0.82. The firm’s 50-day moving average price is $12.69 and its 200 day moving average price is $11.97.

Luxfer Holdings PLC (NYSE:LXFR) last released its quarterly earnings data on Monday, May 8th. The industrial products company reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.07. The business had revenue of $103.40 million during the quarter. Luxfer Holdings PLC had a return on equity of 16.02% and a net margin of 4.84%. On average, analysts expect that Luxfer Holdings PLC will post $1.06 EPS for the current year.

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The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 2nd. Shareholders of record on Friday, July 14th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.95%. This is a positive change from Luxfer Holdings PLC’s previous quarterly dividend of $0.12. Luxfer Holdings PLC’s dividend payout ratio (DPR) is presently 64.86%.

Several institutional investors have recently made changes to their positions in LXFR. Aperio Group LLC raised its position in shares of Luxfer Holdings PLC by 5.8% in the second quarter. Aperio Group LLC now owns 12,186 shares of the industrial products company’s stock valued at $156,000 after buying an additional 669 shares in the last quarter. Baker Ellis Asset Management LLC raised its position in shares of Luxfer Holdings PLC by 6.7% in the second quarter. Baker Ellis Asset Management LLC now owns 11,200 shares of the industrial products company’s stock valued at $143,000 after buying an additional 700 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Luxfer Holdings PLC by 0.5% in the first quarter. Wells Fargo & Company MN now owns 189,160 shares of the industrial products company’s stock valued at $2,300,000 after buying an additional 999 shares in the last quarter. Renaissance Group LLC raised its position in shares of Luxfer Holdings PLC by 8.2% in the first quarter. Renaissance Group LLC now owns 27,942 shares of the industrial products company’s stock valued at $340,000 after buying an additional 2,107 shares in the last quarter. Finally, TD Asset Management Inc. raised its position in shares of Luxfer Holdings PLC by 24.7% in the second quarter. TD Asset Management Inc. now owns 37,300 shares of the industrial products company’s stock valued at $477,000 after buying an additional 7,400 shares in the last quarter. Hedge funds and other institutional investors own 84.20% of the company’s stock.

Luxfer Holdings PLC 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.

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