Luxfer Holdings PLC (NYSE:LXFR) Director Patrick K. Mullen Sells 5,463 Shares

Luxfer Holdings PLC (NYSE:LXFR) Director Patrick K. Mullen sold 5,463 shares of the company’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $10.02, for a total value of $54,739.26. Following the completion of the sale, the director now owns 35,617 shares in the company, valued at approximately $356,882.34. This represents a 13.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Luxfer Stock Performance

Luxfer stock remained flat at $12.18 during mid-day trading on Tuesday. The company’s stock had a trading volume of 54,635 shares, compared to its average volume of 129,316. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. Luxfer Holdings PLC has a 1-year low of $9.41 and a 1-year high of $15.64. The firm’s 50-day moving average is $10.93 and its two-hundred day moving average is $12.47. The stock has a market cap of $331.75 million, a P/E ratio of 36.90, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09.

Luxfer Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Friday, April 18th were given a $0.13 dividend. The ex-dividend date was Thursday, April 17th. This represents a $0.52 annualized dividend and a yield of 4.27%. Luxfer’s dividend payout ratio is presently 66.67%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Luxfer

Hedge funds have recently bought and sold shares of the stock. Millennium Management LLC purchased a new stake in Luxfer in the 4th quarter worth approximately $3,308,000. Price T Rowe Associates Inc. MD acquired a new position in shares of Luxfer during the 4th quarter worth approximately $137,000. First Eagle Investment Management LLC raised its stake in shares of Luxfer by 23.3% during the 4th quarter. First Eagle Investment Management LLC now owns 425,656 shares of the industrial products company’s stock worth $5,572,000 after buying an additional 80,500 shares during the period. Lazard Asset Management LLC raised its stake in shares of Luxfer by 98.3% during the 4th quarter. Lazard Asset Management LLC now owns 48,057 shares of the industrial products company’s stock worth $629,000 after buying an additional 23,820 shares during the period. Finally, Artisan Partners Limited Partnership raised its stake in shares of Luxfer by 17.3% during the 4th quarter. Artisan Partners Limited Partnership now owns 785,487 shares of the industrial products company’s stock worth $10,282,000 after buying an additional 115,623 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Luxfer Company Profile

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.