Insider Selling: Luxfer Holdings PLC (NYSE:LXFR) Director Sells 4,108 Shares of Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Richard J. Hipple sold 4,108 shares of the 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 sale, the director now owns 15,803 shares in the company, valued at $158,346.06. This represents a 20.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Luxfer Stock Performance

Shares of Luxfer stock remained flat at $12.18 on Tuesday. 54,635 shares of the stock traded hands, compared to its average volume of 129,316. The company’s 50-day simple moving average is $10.93 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. The company has a market capitalization of $331.75 million, a P/E ratio of 36.91, a P/E/G ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a 12-month low of $9.41 and a 12-month high of $15.64.

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 annualized dividend and a dividend yield of 4.27%. The ex-dividend date was Thursday, April 17th. Luxfer’s dividend payout ratio (DPR) is currently 66.67%.

Institutional Trading of Luxfer

Institutional investors and hedge funds have recently made changes to their positions in the stock. New York State Teachers Retirement System purchased a new stake in shares of Luxfer during the 1st quarter valued at $29,000. Quantbot Technologies LP purchased a new stake in shares of Luxfer during the 1st quarter valued at $56,000. Globeflex Capital L P bought a new position in shares of Luxfer during the 4th quarter valued at $101,000. Price T Rowe Associates Inc. MD bought a new position in shares of Luxfer during the 4th quarter valued at $137,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Luxfer during the 1st quarter valued at $124,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Upgrades and Downgrades

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.