Royce & Associates LP Buys 135,688 Shares of Luxfer Holdings PLC (NYSE:LXFR)

Royce & Associates LP grew its stake in shares of Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 8.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,759,749 shares of the industrial products company's stock after acquiring an additional 135,688 shares during the quarter. Royce & Associates LP owned about 6.46% of Luxfer worth $20,871,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. New York State Teachers Retirement System bought a new position in shares of Luxfer in the 1st quarter worth approximately $29,000. Price T Rowe Associates Inc. MD purchased a new position in Luxfer during the fourth quarter valued at $137,000. Dynamic Technology Lab Private Ltd purchased a new stake in Luxfer in the fourth quarter worth about $137,000. Aquatic Capital Management LLC bought a new position in shares of Luxfer in the fourth quarter worth about $140,000. Finally, Corton Capital Inc. bought a new stake in Luxfer during the 4th quarter worth approximately $142,000. Hedge funds and other institutional investors own 90.82% of the company's stock.

Insiders Place Their Bets

In other news, CFO Stephen Webster sold 4,244 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $11.83, for a total transaction of $50,206.52. Following the sale, the chief financial officer directly owned 26,662 shares of the company's stock, valued at $315,411.46. This represents a 13.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Clive Snowdon sold 4,120 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $41,282.40. Following the completion of the sale, the director owned 21,903 shares in the company, valued at approximately $219,468.06. This trade represents a 15.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,987 shares of company stock worth $418,168. 1.24% of the stock is owned by corporate insiders.

Luxfer Price Performance

Shares of NYSE LXFR traded up $0.09 during midday trading on Friday, reaching $12.03. The stock had a trading volume of 52,302 shares, compared to its average volume of 117,854. The company has a market capitalization of $327.59 million, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.66 and a beta of 1.10. Luxfer Holdings PLC has a 12-month low of $9.41 and a 12-month high of $15.64. The stock has a 50-day moving average of $11.89 and a 200-day moving average of $12.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 2.02.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Friday, July 18th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, July 18th. Luxfer's dividend payout ratio (DPR) 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.