Geode Capital Management LLC Has $8.13 Million Position in Luxfer Holdings PLC (NYSE:LXFR)

Geode Capital Management LLC grew its holdings in Luxfer Holdings PLC (NYSE:LXFR) by 2.5% during the third quarter, Holdings Channel reports. The firm owned 627,817 shares of the industrial products company’s stock after acquiring an additional 15,030 shares during the quarter. Geode Capital Management LLC’s holdings in Luxfer were worth $8,132,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in LXFR. Itau Unibanco Holding S.A. bought a new position in Luxfer during the second quarter worth $25,000. SG Americas Securities LLC bought a new stake in Luxfer in the 3rd quarter valued at about $130,000. XTX Topco Ltd bought a new stake in Luxfer in the 3rd quarter valued at about $146,000. Algert Global LLC acquired a new position in Luxfer during the 2nd quarter worth approximately $133,000. Finally, MML Investors Services LLC boosted its holdings in Luxfer by 75.4% in the third quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company’s stock worth $248,000 after acquiring an additional 8,223 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Luxfer from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 17th.

Luxfer Stock Down 0.4 %

Luxfer stock opened at $13.04 on Friday. The firm has a market capitalization of $349.28 million, a price-to-earnings ratio of 39.52, a price-to-earnings-growth ratio of 2.29 and a beta of 0.87. The firm’s fifty day moving average price is $13.98 and its two-hundred day moving average price is $12.57. Luxfer Holdings PLC has a 1-year low of $7.55 and a 1-year high of $15.64. The company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29.

Luxfer 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.