Insider Selling: Luxfer Holdings PLC (NYSE:LXFR) CFO Sells 4,244 Shares of Stock

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) CFO Stephen Webster sold 4,244 shares of Luxfer stock in a transaction 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 completion of the transaction, the chief financial officer now owns 26,662 shares in the company, valued at $315,411.46. This trade represents a 13.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Stephen Webster also recently made the following trade(s):

• On Thursday, May 22nd, Stephen Webster bought 1,475 shares of Luxfer stock. The shares were acquired at an average price of $11.53 per share, with a total value of $17,006.75.

Luxfer Stock Performance

Luxfer stock traded down $0.24 during mid-day trading on Thursday, reaching $11.85. The company had a trading volume of 45,460 shares, compared to its average volume of 132,955. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The firm has a market cap of $322.76 million, a price-to-earnings ratio of 35.91, a PEG ratio of 1.85 and a beta of 1.09. The company has a 50 day moving average of $11.00 and a 200-day moving average of $12.47. Luxfer Holdings PLC has a 52 week low of $9.41 and a 52 week high of $15.64.

Luxfer Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Friday, April 18th were given a $0.13 dividend. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.39%. Luxfer's dividend payout ratio (DPR) is currently 66.67%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Luxfer

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in shares of Luxfer by 48.3% in the 4th quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company's stock worth $24,272,000 after purchasing an additional 603,954 shares during the last quarter. Hillsdale Investment Management Inc. grew its position in Luxfer by 2,131.4% during the 4th quarter. Hillsdale Investment Management Inc. now owns 312,400 shares of the industrial products company's stock worth $4,089,000 after acquiring an additional 298,400 shares during the last quarter. Royce & Associates LP increased its holdings in Luxfer by 20.4% during the 4th quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company's stock valued at $21,259,000 after purchasing an additional 275,669 shares in the last quarter. Millennium Management LLC bought a new position in Luxfer in the 4th quarter valued at $3,308,000. Finally, Nuveen LLC acquired a new position in Luxfer in the first quarter worth $2,821,000. Institutional investors and hedge funds own 90.82% of the company's stock.

Luxfer Company 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.