Inspire Investing LLC Takes Position in Luxfer Holdings PLC $LXFR

Inspire Investing LLC acquired a new position in shares of Luxfer Holdings PLC (NYSE:LXFR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 72,164 shares of the industrial products company’s stock, valued at approximately $1,003,000. Inspire Investing LLC owned about 0.27% of Luxfer as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in Luxfer during the second quarter worth about $29,000. Quantbot Technologies LP acquired a new position in Luxfer during the 1st quarter worth approximately $56,000. CWM LLC lifted its stake in Luxfer by 79.6% in the 2nd quarter. CWM LLC now owns 6,920 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 3,068 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Luxfer in the 1st quarter valued at approximately $124,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in 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 buying an additional 2,693 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

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

Luxfer Price Performance

LXFR stock opened at $14.07 on Friday. The company has a market capitalization of $375.98 million, a P/E ratio of 26.55, a PEG ratio of 1.82 and a beta of 1.02. The company has a fifty day moving average price of $12.89 and a 200-day moving average price of $12.80. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.71 and a current ratio of 1.66. Luxfer Holdings PLC has a 52-week low of $9.41 and a 52-week high of $14.95.

Luxfer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Friday, October 17th were paid a $0.13 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $0.52 annualized dividend and a dividend yield of 3.7%. Luxfer’s dividend payout ratio is presently 98.11%.

Luxfer Profile

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.