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 value of $41,162.16. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Luxfer Stock Performance

Luxfer stock traded down $0.32 during mid-day trading on Friday, reaching $11.53. 142,890 shares of the company were exchanged, compared to its average volume of 133,485. The firm's 50-day simple moving average is $11.04 and its two-hundred day simple moving average is $12.45. Luxfer Holdings PLC has a twelve month low of $9.41 and a twelve month high of $15.64. The firm has a market cap of $314.04 million, a PE ratio of 34.94, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17.

Luxfer Announces Dividend

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

Hedge Funds Weigh In On Luxfer

Large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its position in Luxfer by 48.3% in 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. Hillsdale Investment Management Inc. boosted its stake in shares of Luxfer by 2,131.4% in the fourth quarter. Hillsdale Investment Management Inc. now owns 312,400 shares of the industrial products company's stock valued at $4,089,000 after buying an additional 298,400 shares in the last quarter. Royce & Associates LP grew its holdings in Luxfer by 20.4% during the fourth quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company's stock worth $21,259,000 after acquiring an additional 275,669 shares during the period. Millennium Management LLC acquired a new stake in Luxfer in the fourth quarter valued at $3,308,000. Finally, Nuveen LLC acquired a new position in shares of Luxfer during the 1st quarter worth $2,821,000. Hedge funds and other institutional investors own 90.82% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Luxfer from a "buy" rating to a "strong-buy" rating in a research note 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.