Luxfer Holdings PLC (NYSE:LXFR) Insider Graham Wardlow Sells 7,962 Shares

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) insider Graham Wardlow sold 7,962 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $11.33, for a total value of $90,209.46. Following the sale, the insider now directly owns 25,847 shares in the company, valued at $292,846.51. This trade represents a 23.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Graham Wardlow also recently made the following trade(s):

• On Tuesday, May 20th, Graham Wardlow sold 4,874 shares of Luxfer stock. The shares were sold at an average price of $11.95, for a total value of $58,244.30.

Luxfer Stock Down 2.8%

LXFR traded down $0.33 during trading on Wednesday, hitting $11.41. The stock had a trading volume of 95,999 shares, compared to its average volume of 133,306. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. The company has a market capitalization of $310.77 million, a PE ratio of 34.58, a PEG ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a twelve month low of $9.41 and a twelve month high of $15.64. The stock has a 50 day simple moving average of $10.96 and a two-hundred day simple moving average of $12.66.

Luxfer (NYSE:LXFR - Get Free Report) last released its earnings results on Tuesday, February 25th. The industrial products company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. The company had revenue of $103.40 million during the quarter, compared to analysts' expectations of $89.50 million. On average, research analysts predict that Luxfer Holdings PLC will post 0.85 earnings per share for the current year.

Luxfer Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend was Thursday, April 17th. Luxfer's payout ratio is 66.67%.

Institutional Trading of Luxfer

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its position in Luxfer by 48.3% during the fourth quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company's stock valued at $24,272,000 after purchasing an additional 603,954 shares during the period. Royce & Associates LP lifted its holdings in shares of Luxfer by 8.4% in the 1st quarter. Royce & Associates LP now owns 1,759,749 shares of the industrial products company's stock valued at $20,871,000 after buying an additional 135,688 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Luxfer by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 1,510,311 shares of the industrial products company's stock valued at $17,912,000 after buying an additional 21,797 shares during the period. American Century Companies Inc. lifted its holdings in shares of Luxfer by 5.5% in the 1st quarter. American Century Companies Inc. now owns 1,265,173 shares of the industrial products company's stock valued at $15,005,000 after buying an additional 65,470 shares during the period. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of Luxfer by 17.3% in the 4th quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company's stock valued at $10,282,000 after buying an additional 115,623 shares during the period. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Luxfer from a "buy" rating to a "strong-buy" rating in a research 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.