Luxfer (NYSE:LXFR) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• Luxfer's stock rating has been reiterated as "Hold (C+)" by Weiss Ratings, while Wall Street Zen downgraded its rating from "strong-buy" to "buy".
• The company has seen significant institutional investment activity, with 90.82% of its stock owned by institutional investors and hedge funds.
• Luxfer's stock opened at $13.40 and has a market capitalization of $358.50 million, along with a PE ratio of 14.88.

Luxfer (NYSE:LXFR - Get Free Report)'s stock had its "hold (c+)" rating reiterated by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen lowered Luxfer from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Luxfer has a consensus rating of "Hold".

Luxfer Trading Up 0.8%

Shares of LXFR stock opened at $13.40 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.83 and a current ratio of 1.65. Luxfer has a 1 year low of $9.41 and a 1 year high of $15.64. The stock has a fifty day moving average of $13.20 and a two-hundred day moving average of $12.05. The firm has a market capitalization of $358.50 million, a PE ratio of 14.88, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10.

Institutional Investors Weigh In On Luxfer

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royce & Associates LP raised its position in shares of 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 purchasing an additional 135,688 shares during the period. Vanguard Group Inc. raised its position in shares of Luxfer by 1.5% during the first quarter. Vanguard Group Inc. now owns 1,510,311 shares of the industrial products company's stock worth $17,912,000 after purchasing an additional 21,797 shares during the period. American Century Companies Inc. raised its position in shares of Luxfer by 11.4% during the second quarter. American Century Companies Inc. now owns 1,409,329 shares of the industrial products company's stock worth $17,166,000 after purchasing an additional 144,156 shares during the period. Artisan Partners Limited Partnership raised its position in shares of Luxfer by 11.9% during the second quarter. Artisan Partners Limited Partnership now owns 1,403,485 shares of the industrial products company's stock worth $17,094,000 after purchasing an additional 149,807 shares during the period. Finally, Earnest Partners LLC raised its position in shares of Luxfer by 6.5% during the first quarter. Earnest Partners LLC now owns 738,724 shares of the industrial products company's stock worth $8,761,000 after purchasing an additional 45,172 shares during the period. 90.82% of the stock is owned by institutional investors and hedge funds.

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.

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