ValuEngine lowered shares of Luxfer Holdings PLC (NYSE:LXFR) from a buy rating to a hold rating in a research note issued to investors on Friday morning.

A number of other research firms have also recently issued reports on LXFR. TheStreet raised shares of Luxfer Holdings PLC from a c+ rating to a b rating in a research report on Wednesday, May 17th. Zacks Investment Research cut shares of Luxfer Holdings PLC from a buy rating to a hold rating in a research report on Wednesday, July 12th. Finally, BidaskClub raised shares of Luxfer Holdings PLC from a sell rating to a hold rating in a research report on Wednesday, August 30th.

Luxfer Holdings PLC (NYSE:LXFR) opened at 12.47 on Friday. Luxfer Holdings PLC has a 12-month low of $9.28 and a 12-month high of $13.49. The firm’s 50-day moving average price is $12.31 and its 200 day moving average price is $12.09. The company has a market capitalization of $329.20 million, a price-to-earnings ratio of 21.17 and a beta of 0.83.

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Several hedge funds have recently added to or reduced their stakes in LXFR. Nationwide Fund Advisors lifted its position in Luxfer Holdings PLC by 152.2% in the 1st quarter. Nationwide Fund Advisors now owns 30,300 shares of the industrial products company’s stock valued at $368,000 after acquiring an additional 18,285 shares in the last quarter. Paradice Investment Management LLC lifted its position in Luxfer Holdings PLC by 0.8% in the 2nd quarter. Paradice Investment Management LLC now owns 1,746,663 shares of the industrial products company’s stock valued at $22,340,000 after acquiring an additional 14,300 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in Luxfer Holdings PLC by 47.0% in the 1st quarter. Deprince Race & Zollo Inc. now owns 1,402,622 shares of the industrial products company’s stock valued at $17,056,000 after acquiring an additional 448,491 shares in the last quarter. Wells Fargo & Company MN lifted its position in Luxfer Holdings PLC by 0.5% in the 1st quarter. Wells Fargo & Company MN now owns 189,160 shares of the industrial products company’s stock valued at $2,300,000 after acquiring an additional 999 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Luxfer Holdings PLC by 1.4% in the 1st quarter. Wellington Management Group LLP now owns 3,544,918 shares of the industrial products company’s stock valued at $43,106,000 after acquiring an additional 50,120 shares in the last quarter. 87.67% of the stock is currently owned by institutional investors.

About Luxfer Holdings PLC

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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