Artisan Partners Limited Partnership Has $23.11 Million Stock Position in Luxfer Holdings PLC $LXFR

Artisan Partners Limited Partnership boosted its holdings in Luxfer Holdings PLC (NYSE:LXFR) by 18.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,662,442 shares of the industrial products company’s stock after buying an additional 258,957 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.06% of Luxfer worth $23,108,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Luxfer in the 2nd quarter valued at approximately $29,000. CWM LLC increased its position in Luxfer by 79.6% during the 2nd quarter. CWM LLC now owns 6,920 shares of the industrial products company’s stock worth $84,000 after purchasing an additional 3,068 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted 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. Intech Investment Management LLC boosted its position in Luxfer by 8.7% in the third quarter. Intech Investment Management LLC now owns 14,713 shares of the industrial products company’s stock valued at $205,000 after buying an additional 1,178 shares in the last quarter. Finally, Savant Capital LLC grew its stake in shares of Luxfer by 8.4% during the second 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 during the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Luxfer from a “buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Luxfer Trading Down 3.5%

LXFR opened at $12.88 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.67 and a quick ratio of 0.71. Luxfer Holdings PLC has a fifty-two week low of $9.41 and a fifty-two week high of $16.02. The company’s 50 day moving average price is $14.75 and its two-hundred day moving average price is $13.68. The firm has a market capitalization of $343.15 million, a price-to-earnings ratio of 44.42, a PEG ratio of 1.50 and a beta of 1.00.

Luxfer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 4th. Investors of record on Friday, January 23rd were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Friday, January 23rd. Luxfer’s dividend payout ratio is presently 179.31%.

Luxfer Profile

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.