Luxfer Holdings PLC (NYSE:LXFR) Director Sells $41,162.16 in Stock

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Lisa G. Trimberger sold 4,108 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total value of $41,162.16. Following the transaction, the director now owns 15,858 shares of the company's stock, valued at approximately $158,897.16. This represents a 20.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Luxfer Stock Down 2.7%

LXFR stock traded down $0.32 during midday trading on Friday, hitting $11.53. The company's stock had a trading volume of 142,890 shares, compared to its average volume of 133,485. The firm has a 50-day simple moving average of $11.04 and a 200-day simple moving average of $12.45. The firm 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 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 business also recently announced 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 was Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.51%. Luxfer's payout ratio is 66.67%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Luxfer

Hedge funds have recently bought and sold shares of the stock. New York State Teachers Retirement System acquired a new position in shares of Luxfer during the first quarter worth about $29,000. Quantbot Technologies LP acquired a new position in Luxfer during the 1st quarter worth approximately $56,000. Globeflex Capital L P purchased a new stake in shares of Luxfer in the 4th quarter valued at approximately $101,000. EP Wealth Advisors LLC acquired a new stake in shares of Luxfer in the 1st quarter valued at $124,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Luxfer during the fourth quarter worth $137,000. Institutional investors and hedge funds own 90.82% of the company's stock.

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.