Envestnet Asset Management Inc. Has $5.22 Million Stock Position in Luxfer Holdings PLC (NYSE:LXFR)

Envestnet Asset Management Inc. raised its holdings in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 7.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 439,684 shares of the industrial products company's stock after purchasing an additional 31,123 shares during the period. Envestnet Asset Management Inc. owned 1.60% of Luxfer worth $5,215,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Northern Trust Corp raised its holdings in Luxfer by 0.4% during the 4th quarter. Northern Trust Corp now owns 220,406 shares of the industrial products company's stock worth $2,885,000 after buying an additional 808 shares during the period. New York State Teachers Retirement System bought a new position in shares of Luxfer during the 1st quarter worth approximately $29,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Luxfer by 0.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 402,553 shares of the industrial products company's stock worth $5,269,000 after acquiring an additional 3,200 shares in the last quarter. Squarepoint Ops LLC grew its stake in shares of Luxfer by 9.6% during the 4th quarter. Squarepoint Ops LLC now owns 37,784 shares of the industrial products company's stock worth $495,000 after acquiring an additional 3,321 shares in the last quarter. Finally, Algert Global LLC grew its stake in shares of Luxfer by 38.3% during the 4th quarter. Algert Global LLC now owns 15,915 shares of the industrial products company's stock worth $208,000 after acquiring an additional 4,410 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Patrick K. Mullen sold 5,463 shares of Luxfer stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $54,739.26. Following the completion of the sale, the director owned 35,617 shares of the company's stock, valued at approximately $356,882.34. This trade represents a 13.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Graham Wardlow sold 7,962 shares of Luxfer stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $11.33, for a total value of $90,209.46. Following the sale, the insider directly owned 25,847 shares of the company's stock, valued at $292,846.51. This represents a 23.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,987 shares of company stock valued at $418,168 in the last ninety days. 1.17% of the stock is currently owned by insiders.

Luxfer Stock Up 1.0%

Shares of LXFR traded up $0.12 during mid-day trading on Monday, hitting $12.18. 89,501 shares of the company's stock were exchanged, compared to its average volume of 107,561. The company has a market cap of $331.78 million, a PE ratio of 15.62, a P/E/G ratio of 1.67 and a beta of 1.10. Luxfer Holdings PLC has a 52 week low of $9.41 and a 52 week high of $15.64. The company has a 50-day simple moving average of $11.90 and a 200 day simple moving average of $12.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.02 and a quick ratio of 1.03.

Luxfer Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Friday, July 18th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $0.52 annualized dividend and a dividend yield of 4.27%. Luxfer's dividend payout ratio is presently 66.67%.

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.