Luxfer Holdings PLC (NYSE:LXFR) Insider Graham Wardlow Sells 6,500 Shares

Luxfer Holdings PLC (NYSE:LXFR) insider Graham Wardlow sold 6,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $10.83, for a total value of $70,395.00. Following the completion of the sale, the insider now directly owns 29,008 shares of the company’s stock, valued at approximately $314,156.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Luxfer Price Performance

LXFR opened at $11.23 on Friday. The stock has a fifty day simple moving average of $11.51 and a two-hundred day simple moving average of $10.88. The company has a current ratio of 2.39, a quick ratio of 1.33 and a debt-to-equity ratio of 0.36. The company has a market cap of $307.72 million, a price-to-earnings ratio of 10.30, a price-to-earnings-growth ratio of 1.87 and a beta of 0.94. Luxfer Holdings PLC has a 12-month low of $7.55 and a 12-month high of $13.52.

Luxfer (NYSE:LXFR) last issued its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. Luxfer had a positive return on equity of 6.24% and a negative net margin of 1.28%. The firm had revenue of $99.70 million during the quarter, compared to the consensus estimate of $99.70 million. Research analysts predict that Luxfer Holdings PLC will post 0.95 earnings per share for the current fiscal year.

Luxfer Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Friday, July 19th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, July 19th. This represents a $0.52 annualized dividend and a dividend yield of 4.63%. Luxfer’s payout ratio is presently 47.71%.

Hedge Funds Weigh In On Luxfer

Several institutional investors and hedge funds have recently modified their holdings of the stock. Itau Unibanco Holding S.A. bought a new stake in Luxfer in the 2nd quarter worth about $25,000. Global Retirement Partners LLC bought a new stake in Luxfer in the 1st quarter worth about $68,000. CWM LLC increased its holdings in Luxfer by 466.6% in the 2nd quarter. CWM LLC now owns 7,558 shares of the industrial products company’s stock worth $88,000 after buying an additional 6,224 shares in the last quarter. Oxford Asset Management LLP bought a new stake in Luxfer in the 4th quarter worth about $113,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Luxfer in the 4th quarter worth about $131,000. 90.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded Luxfer from a “hold” rating to a “buy” rating in a report on Monday, May 13th.

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.