Luxfer Holdings PLC (NYSE:LXFR) Director Sells $54,739.26 in Stock

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Patrick K. Mullen sold 5,463 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $10.02, for a total value of $54,739.26. Following the completion of the transaction, the director now owns 35,617 shares in the company, valued at $356,882.34. The trade was a 13.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Luxfer Price Performance

Shares of Luxfer stock traded down $0.32 during trading on Friday, reaching $11.53. 142,890 shares of the stock traded hands, compared to its average volume of 133,485. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The company has a market capitalization of $314.04 million, a price-to-earnings ratio of 34.94, a P/E/G ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a 52-week low of $9.41 and a 52-week high of $15.64. The business has a fifty day simple moving average of $11.04 and a two-hundred day simple moving average of $12.45.

Luxfer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were issued a $0.13 dividend. The ex-dividend date of this dividend 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 (DPR) 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 report on Friday, February 21st.

Institutional Investors Weigh In On Luxfer

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