2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP increased its holdings in shares of Crane NXT, Co. ( NYSE:CXT – Free Report ) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 1,084,843 shares of the company’s stock after purchasing an additional 33,460 shares during the period. Dimensional Fund Advisors LP owned approximately 1.90% of Crane NXT worth $66,626,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of CXT. Wellington Management Group LLP acquired a new stake in Crane NXT in the 4th quarter valued at approximately $66,550,000. Capital International Investors lifted its position in shares of Crane NXT by 40.
0% during the 1st quarter. Capital International Investors now owns 653,052 shares of the company’s stock valued at $40,424,000 after acquiring an additional 186,437 shares during the period. Congress Asset Management Co.
MA lifted its position in shares of Crane NXT by 3,331.1% during the 1st quarter. Congress Asset Management Co.
MA now owns 595,396 shares of the company’s stock valued at $36,855,000 after acquiring an additional 578,043 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Crane NXT by 3.8% during the 2nd quarter.
Bank of New York Mellon Corp now owns 522,205 shares of the company’s stock worth $32,074,000 after buying an additional 19,224 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Crane NXT by 16.0% during the 4th quarter.
First Trust Advisors LP now owns 473,808 shares of the company’s stock worth $26,945,000 after buying an additional 65,333 shares in the last quarter. Institutional investors own 77.49% of the company’s stock.
Crane NXT Price Performance Shares of CXT opened at $55.79 on Friday. Crane NXT, Co.
has a 12-month low of $48.42 and a 12-month high of $64.80.
The business has a 50-day simple moving average of $58.12 and a two-hundred day simple moving average of $59.82.
The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 0.
65. The stock has a market cap of $3.19 billion, a PE ratio of 17.
60 and a beta of 1.33. Crane NXT Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, September 11th.
Shareholders of record on Friday, August 30th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, August 30th.
This represents a $0.64 annualized dividend and a yield of 1.15%.
Crane NXT’s payout ratio is currently 20.19%. About Crane NXT ( Free Report ) Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers' important assets.
The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions. Further Reading Five stocks we like better than Crane NXT 5 Top Rated Dividend Stocks to Consider Can Costco Stock Hit New Highs as Interest Rates Drop? Canada Bond Market Holiday: How to Invest and Trade These 3 Stocks Show How to Navigate Declining Consumer Confidence How to Invest in Insurance Companies: A Guide MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Want to see what other hedge funds are holding CXT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Crane NXT, Co. ( NYSE:CXT – Free Report ). Receive News & Ratings for Crane NXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane NXT and related companies with MarketBeat.
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