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

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Sylvia Ann Stein sold 4,108 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $10.02, for a total value of $41,162.16. Following the sale, the director now directly owns 9,901 shares in the company, valued at approximately $99,208.02. The trade was a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Luxfer Trading Down 2.7%

Shares of NYSE LXFR traded down $0.32 during midday trading on Friday, hitting $11.53. The stock had a trading volume of 142,890 shares, compared to its average volume of 133,485. 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 1-year low of $9.41 and a 1-year high of $15.64. The company has a market capitalization of $314.04 million, a price-to-earnings ratio of 34.94, a PEG ratio of 1.85 and a beta of 1.09. The company has a fifty day moving average price of $11.04 and a 200 day moving average price of $12.45.

Luxfer Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.51%. Luxfer's dividend payout ratio is currently 66.67%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Luxfer

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

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.