Luxfer Holdings PLC (NYSE:LXFR) Director Sells $41,282.40 in Stock

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Clive Snowdon sold 4,120 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $10.02, for a total value of $41,282.40. Following the completion of the sale, the director now owns 21,903 shares in the company, valued at $219,468.06. This represents a 15.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Luxfer Stock Down 1.0%

NYSE:LXFR traded down $0.12 during midday trading on Wednesday, reaching $12.11. The company had a trading volume of 104,479 shares, compared to its average volume of 133,022. The stock's fifty day simple moving average is $10.96 and its 200-day simple moving average is $12.47. 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 Holdings PLC has a 12-month low of $9.41 and a 12-month high of $15.64. The firm has a market capitalization of $329.84 million, a price-to-earnings ratio of 36.70, a PEG ratio of 1.85 and a beta of 1.09.

Luxfer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend was Thursday, April 17th. Luxfer's dividend payout ratio is presently 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 report on Friday, February 21st.

Institutional Trading of Luxfer

Large investors have recently made changes to their positions in the company. Northern Trust Corp grew its holdings in Luxfer by 0.4% during the 4th quarter. Northern Trust Corp now owns 220,406 shares of the industrial products company's stock worth $2,885,000 after acquiring an additional 808 shares in the last quarter. First Wilshire Securities Management Inc. grew its stake in shares of Luxfer by 0.6% during the first quarter. First Wilshire Securities Management Inc. now owns 354,736 shares of the industrial products company's stock worth $4,207,000 after purchasing an additional 1,963 shares in the last quarter. Rhumbline Advisers increased its holdings in Luxfer by 5.6% in the fourth quarter. Rhumbline Advisers now owns 44,790 shares of the industrial products company's stock valued at $586,000 after buying an additional 2,382 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in Luxfer in the first quarter valued at $29,000. Finally, SG Americas Securities LLC lifted its holdings in Luxfer by 26.9% during the 4th quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company's stock worth $166,000 after buying an additional 2,690 shares during the last quarter. 90.82% of the stock is currently owned by hedge funds and other 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.