Invesco Ltd. Has $1.18 Million Holdings in Luxfer Holdings PLC $LXFR

Invesco Ltd. cut its stake in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 16.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 99,379 shares of the industrial products company's stock after selling 20,092 shares during the period. Invesco Ltd. owned 0.36% of Luxfer worth $1,179,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LXFR. Bank of America Corp DE boosted its position in Luxfer by 48.3% during the fourth quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company's stock valued at $24,272,000 after purchasing an additional 603,954 shares during the last quarter. Millennium Management LLC acquired a new position in Luxfer during the fourth quarter valued at approximately $3,308,000. Royce & Associates LP increased its position in Luxfer by 8.4% during the first quarter. Royce & Associates LP now owns 1,759,749 shares of the industrial products company's stock worth $20,871,000 after buying an additional 135,688 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Luxfer during the fourth quarter worth approximately $1,462,000. Finally, Dimensional Fund Advisors LP increased its position in Luxfer by 14.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 670,564 shares of the industrial products company's stock worth $8,778,000 after buying an additional 84,097 shares during the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.

Luxfer Stock Performance

LXFR stock traded up $0.16 during mid-day trading on Friday, hitting $13.66. 91,578 shares of the company were exchanged, compared to its average volume of 122,339. The business has a 50 day simple moving average of $12.49 and a 200-day simple moving average of $11.84. The company has a current ratio of 1.65, a quick ratio of 0.83 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $365.43 million, a PE ratio of 15.17, a price-to-earnings-growth ratio of 1.84 and a beta of 1.13. Luxfer Holdings PLC has a 1-year low of $9.41 and a 1-year high of $15.64.

Luxfer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, July 18th were given a dividend of $0.13 per share. The ex-dividend date was Friday, July 18th. This represents a $0.52 annualized dividend and a yield of 3.8%. Luxfer's dividend payout ratio (DPR) is 57.78%.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Luxfer from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 2nd.

Insider Transactions at Luxfer

In other Luxfer news, CFO Stephen Webster sold 4,244 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $11.83, for a total transaction of $50,206.52. Following the completion of the sale, the chief financial officer directly owned 26,662 shares in the company, valued at $315,411.46. This trade represents a 13.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.24% of the stock is owned by company insiders.

About Luxfer

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.