Insider Selling: Luxfer (NYSE:LXFR) Director Sells $60,350.50 in Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Lisa Trimberger sold 4,010 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $15.05, for a total value of $60,350.50. Following the sale, the director directly owned 20,801 shares of the company’s stock, valued at $313,055.05. This represents a 16.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Luxfer Price Performance

Shares of NYSE LXFR opened at $18.30 on Thursday. Luxfer Holdings PLC has a twelve month low of $11.16 and a twelve month high of $18.74. The stock’s 50 day moving average price is $15.37 and its 200-day moving average price is $14.32. The company has a market capitalization of $494.31 million, a PE ratio of 83.19, a PEG ratio of 2.36 and a beta of 1.13. The company has a quick ratio of 0.81, a current ratio of 1.75 and a debt-to-equity ratio of 0.15.

Luxfer Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, April 17th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, April 17th. Luxfer’s payout ratio is presently 236.36%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Luxfer in a research note on Monday, March 23rd. Freedom Capital upgraded Luxfer to a “strong-buy” rating in a research note on Thursday, May 21st. Wall Street Zen downgraded Luxfer from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Zacks Research upgraded Luxfer from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Luxfer

Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new stake in shares of Luxfer during the fourth quarter worth $26,000. Raymond James Financial Inc. purchased a new stake in shares of Luxfer during the second quarter worth $29,000. EverSource Wealth Advisors LLC lifted its position in shares of Luxfer by 63.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,793 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 1,083 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Luxfer during the fourth quarter worth $85,000. Finally, Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Luxfer during the fourth quarter worth $101,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Luxfer Company Profile

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.