Luxfer Holdings PLC (NYSE:LXFR) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Other research analysts have also recently issued research reports about the company. Zacks Investment Research cut Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub cut Luxfer Holdings PLC from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th.

Luxfer Holdings PLC (NYSE:LXFR) traded down 0.49% on Wednesday, reaching $12.24. The company’s stock had a trading volume of 39,937 shares. The firm has a 50 day moving average of $12.34 and a 200 day moving average of $12.28. The firm has a market cap of $323.12 million, a price-to-earnings ratio of 20.78 and a beta of 0.84. Luxfer Holdings PLC has a 12 month low of $9.28 and a 12 month high of $13.49.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership increased its stake in Luxfer Holdings PLC by 13.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 113,642 shares of the industrial products company’s stock worth $1,453,000 after acquiring an additional 13,500 shares during the last quarter. State Street Corp increased its stake in Luxfer Holdings PLC by 1.3% in the 2nd quarter. State Street Corp now owns 16,786 shares of the industrial products company’s stock worth $215,000 after acquiring an additional 222 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in Luxfer Holdings PLC by 11.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 15,916 shares of the industrial products company’s stock worth $204,000 after acquiring an additional 1,589 shares during the last quarter. FMR LLC increased its stake in Luxfer Holdings PLC by 42.2% in the 2nd quarter. FMR LLC now owns 2,389,830 shares of the industrial products company’s stock worth $30,566,000 after acquiring an additional 709,264 shares during the last quarter. Finally, Kempen Capital Management N.V. increased its stake in Luxfer Holdings PLC by 36.3% in the 2nd quarter. Kempen Capital Management N.V. now owns 224,819 shares of the industrial products company’s stock worth $2,875,000 after acquiring an additional 59,818 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company’s stock.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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