Luxfer Holdings PLC (NYSE:LXFR) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP lowered its holdings in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 21.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 103,200 shares of the industrial products company's stock after selling 28,200 shares during the period. Two Sigma Advisers LP owned approximately 0.39% of Luxfer worth $1,351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LXFR. Northern Trust Corp increased its stake in shares of Luxfer by 0.4% during the fourth 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. Rhumbline Advisers increased its position in shares of Luxfer by 5.6% in the 4th quarter. Rhumbline Advisers now owns 44,790 shares of the industrial products company's stock valued at $586,000 after purchasing an additional 2,382 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Luxfer by 26.9% in the 4th quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company's stock valued at $166,000 after purchasing an additional 2,690 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Luxfer by 0.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 402,553 shares of the industrial products company's stock valued at $5,269,000 after purchasing an additional 3,200 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Luxfer during the 4th quarter worth $42,000. Hedge funds and other institutional investors own 90.82% of the company's stock.

Insider Activity at Luxfer

In other Luxfer news, insider Graham Wardlow sold 7,962 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $11.33, for a total transaction of $90,209.46. Following the transaction, the insider now owns 25,847 shares of the company's stock, valued at approximately $292,846.51. This trade represents a 23.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.24% of the stock is owned by corporate insiders.

Luxfer Stock Down 0.8%

Shares of NYSE LXFR traded down $0.09 during midday trading on Wednesday, hitting $11.46. 94,024 shares of the company's stock were exchanged, compared to its average volume of 133,104. The firm's fifty day simple moving average is $10.93 and its 200-day simple moving average is $12.55. The company has a market cap of $312.14 million, a PE ratio of 34.73, a P/E/G ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a twelve month low of $9.41 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14.

Luxfer Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Friday, April 18th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.54%. Luxfer's dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Luxfer from a "buy" rating to a "strong-buy" rating in a report on Friday, February 21st.

About Luxfer

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.