Clive Snowdon Sells 4,120 Shares of Luxfer Holdings PLC (NYSE:LXFR) Stock

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Clive Snowdon sold 4,120 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total value of $41,282.40. Following the sale, the director now owns 21,903 shares of the company's stock, valued at $219,468.06. The trade was a 15.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Luxfer Price Performance

LXFR stock traded down $0.32 during mid-day trading on Friday, reaching $11.53. The company's stock had a trading volume of 142,890 shares, compared to its average volume of 133,485. The stock has a market cap of $314.04 million, a PE ratio of 34.94, a P/E/G ratio of 1.85 and a beta of 1.09. The company's 50 day moving average is $11.04 and its two-hundred day moving average is $12.45. Luxfer Holdings PLC has a fifty-two week low of $9.41 and a fifty-two week high of $15.64. The company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29.

Luxfer Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Friday, April 18th were given 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 yield of 4.51%. Luxfer's payout ratio is 66.67%.

Hedge Funds Weigh In On Luxfer

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System purchased a new position in shares of Luxfer during the 1st quarter worth $29,000. Quantbot Technologies LP purchased a new stake in shares of Luxfer in the 1st quarter valued at approximately $56,000. Globeflex Capital L P purchased a new stake in shares of Luxfer in the 4th quarter valued at approximately $101,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Luxfer during the 4th quarter valued at approximately $137,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Luxfer during the 1st quarter valued at approximately $124,000. Institutional investors and hedge funds own 90.82% of the company's stock.

Analyst Upgrades and Downgrades

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.

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.