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

Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Richard J. Hipple sold 4,108 shares of Luxfer stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $41,162.16. Following the completion of the transaction, the director now directly owns 15,803 shares in the company, valued at approximately $158,346.06. This trade represents a 20.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Luxfer Stock Down 1.0%

LXFR stock 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 company has a market capitalization of $329.84 million, a P/E ratio of 36.70, a PEG ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a 1 year low of $9.41 and a 1 year 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. The company has a 50 day moving average of $10.96 and a two-hundred day moving average of $12.47.

Luxfer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Friday, April 18th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.29%. The ex-dividend date was Thursday, April 17th. Luxfer's payout ratio is presently 66.67%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC grew its stake in Luxfer by 26.9% in the 4th quarter. SG Americas Securities LLC now owns 12,692 shares of the industrial products company's stock valued at $166,000 after buying an additional 2,690 shares during the last quarter. Rhumbline Advisers raised its holdings in Luxfer by 5.6% in the 4th quarter. Rhumbline Advisers now owns 44,790 shares of the industrial products company's stock valued at $586,000 after acquiring an additional 2,382 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Luxfer by 20.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 60,530 shares of the industrial products company's stock valued at $792,000 after buying an additional 10,140 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Luxfer during the fourth quarter worth about $173,000. Finally, Bailard Inc. boosted its stake in Luxfer by 51.1% in the 4th quarter. Bailard Inc. now owns 21,300 shares of the industrial products company's stock valued at $279,000 after buying an additional 7,200 shares in the last quarter. 90.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Luxfer from a "buy" rating to a "strong-buy" rating in a report on Friday, February 21st.

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.