American Century Companies Inc. Raises Stock Position in Luxfer Holdings PLC $LXFR

American Century Companies Inc. lifted its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR) by 11.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,409,329 shares of the industrial products company’s stock after purchasing an additional 144,156 shares during the quarter. American Century Companies Inc. owned about 0.05% of Luxfer worth $17,166,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Quantbot Technologies LP purchased a new stake in Luxfer during the 1st quarter worth approximately $56,000. CWM LLC grew its stake in shares of Luxfer by 79.6% in the second quarter. CWM LLC now owns 6,920 shares of the industrial products company’s stock worth $84,000 after acquiring an additional 3,068 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Luxfer during the first quarter worth $124,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Luxfer by 31.7% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,191 shares of the industrial products company’s stock valued at $136,000 after acquiring an additional 2,693 shares in the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of Luxfer in the first quarter valued at $166,000. Institutional investors and hedge funds own 90.82% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Luxfer in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Luxfer Stock Up 0.9%

Shares of NYSE LXFR opened at $12.77 on Wednesday. The business has a 50-day moving average price of $12.86 and a 200 day moving average price of $12.56. The stock has a market cap of $341.24 million, a PE ratio of 24.10, a price-to-earnings-growth ratio of 1.65 and a beta of 1.02. The company has a quick ratio of 0.71, a current ratio of 1.66 and a debt-to-equity ratio of 0.08. Luxfer Holdings PLC has a 52-week low of $9.41 and a 52-week high of $14.95.

Luxfer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Friday, October 17th were given a dividend of $0.13 per share. The ex-dividend date was Friday, October 17th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.1%. Luxfer’s dividend payout ratio (DPR) is 98.11%.

Luxfer Company Profile

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.