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 the firm's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $11.83, for a total value of $50,206.52. Following the completion of the transaction, the chief financial officer now directly owns 26,662 shares in the company, valued at $315,411.46. The trade was a 13.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

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

Luxfer Stock Performance

Shares of LXFR traded down $0.32 during mid-day trading on Friday, reaching $11.53. The company had a trading volume of 142,890 shares, compared to its average volume of 133,828. The stock has a market capitalization of $314.04 million, a P/E ratio of 34.94, a PEG ratio of 1.85 and a beta of 1.09. The stock has a 50 day moving average of $11.08 and a two-hundred day moving average of $12.43. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. Luxfer Holdings PLC has a 52-week low of $9.41 and a 52-week high of $15.64.

Luxfer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.51%. The ex-dividend date was Thursday, April 17th. Luxfer's payout ratio is 66.67%.

Institutional Investors Weigh In On Luxfer

A number of institutional investors and hedge funds have recently modified their holdings of LXFR. Millennium Management LLC purchased a new position in shares of Luxfer during the 4th quarter worth $3,308,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Luxfer during the fourth quarter valued at about $137,000. First Eagle Investment Management LLC grew its stake in shares of Luxfer by 23.3% during the fourth quarter. First Eagle Investment Management LLC now owns 425,656 shares of the industrial products company's stock valued at $5,572,000 after acquiring an additional 80,500 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Luxfer by 98.3% during the fourth quarter. Lazard Asset Management LLC now owns 48,057 shares of the industrial products company's stock worth $629,000 after purchasing an additional 23,820 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in Luxfer by 17.3% in the fourth quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company's stock worth $10,282,000 after acquiring an additional 115,623 shares during the last quarter. Institutional investors and hedge funds own 90.82% of the company's stock.

Analyst Ratings Changes

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

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.