Wells Fargo & Company MN increased its position in Luxfer Holdings PLC (NYSE:LXFR) by 28.8% during the third quarter, HoldingsChannel.com reports. The firm owned 247,279 shares of the industrial products company’s stock after buying an additional 55,240 shares during the quarter. Wells Fargo & Company MN’s holdings in Luxfer were worth $3,079,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of LXFR. Kempen Capital Management N.V. raised its holdings in shares of Luxfer by 36.3% in the 2nd quarter. Kempen Capital Management N.V. now owns 224,819 shares of the industrial products company’s stock valued at $2,875,000 after purchasing an additional 59,818 shares during the period. FMR LLC raised its holdings in shares of Luxfer by 42.2% in the 2nd quarter. FMR LLC now owns 2,389,830 shares of the industrial products company’s stock valued at $30,566,000 after purchasing an additional 709,264 shares during the period. Parametric Portfolio Associates LLC raised its holdings in shares of Luxfer by 11.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 15,916 shares of the industrial products company’s stock valued at $204,000 after purchasing an additional 1,589 shares during the period. State Street Corp raised its holdings in shares of Luxfer by 1.3% in the 2nd quarter. State Street Corp now owns 16,786 shares of the industrial products company’s stock valued at $215,000 after purchasing an additional 222 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Luxfer by 13.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 113,642 shares of the industrial products company’s stock valued at $1,453,000 after purchasing an additional 13,500 shares during the period. 86.27% of the stock is currently owned by institutional investors.

A number of research analysts recently commented on the stock. Zacks Investment Research lowered shares of Luxfer from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. BidaskClub upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Finally, ValuEngine upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th.

Luxfer Holdings PLC (NYSE LXFR) opened at $14.94 on Thursday. Luxfer Holdings PLC has a 52 week low of $10.85 and a 52 week high of $16.21. The company has a market cap of $407.33, a PE ratio of 23.34 and a beta of 0.91. The company has a quick ratio of 1.22, a current ratio of 2.34 and a debt-to-equity ratio of 0.61.

The business also recently declared a None dividend, which will be paid on Wednesday, February 7th. Investors of record on Friday, January 19th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This is a positive change from Luxfer’s previous None dividend of $0.12. Luxfer’s dividend payout ratio is 75.00%.

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Luxfer 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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Institutional Ownership by Quarter for Luxfer (NYSE:LXFR)

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