Luxfer Holdings PLC (NYSE:LXFR – Get Free Report) Director Lisa Trimberger sold 4,010 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $15.05, for a total transaction of $60,350.50. Following the sale, the director owned 20,801 shares in the company, valued at $313,055.05. The trade was a 16.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Luxfer Stock Performance
Shares of LXFR opened at $17.99 on Tuesday. 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 Holdings PLC has a 52-week low of $11.16 and a 52-week high of $18.74. The company has a 50-day simple moving average of $15.12 and a 200-day simple moving average of $14.24. The company has a market capitalization of $485.86 million, a PE ratio of 81.77, a P/E/G ratio of 2.35 and a beta of 1.13.
Luxfer Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, April 17th were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, April 17th. This represents a $0.52 dividend on an annualized basis and a yield of 2.9%. Luxfer’s dividend payout ratio (DPR) is 236.36%.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on Luxfer
Institutional Trading of Luxfer
Several institutional investors and hedge funds have recently modified their holdings of LXFR. Artisan Partners Limited Partnership grew its position in shares of Luxfer by 18.5% in the third quarter. Artisan Partners Limited Partnership now owns 1,662,442 shares of the industrial products company’s stock valued at $23,108,000 after purchasing an additional 258,957 shares during the last quarter. American Century Companies Inc. raised its position in shares of Luxfer by 12.8% during the 3rd quarter. American Century Companies Inc. now owns 1,589,528 shares of the industrial products company’s stock worth $22,094,000 after purchasing an additional 180,199 shares during the last quarter. Earnest Partners LLC raised its position in shares of Luxfer by 24.9% during the 4th quarter. Earnest Partners LLC now owns 837,433 shares of the industrial products company’s stock worth $11,330,000 after purchasing an additional 167,023 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in Luxfer by 332.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 177,386 shares of the industrial products company’s stock valued at $2,466,000 after buying an additional 136,402 shares in the last quarter. Finally, Nuveen LLC grew its holdings in Luxfer by 80.6% during the 4th quarter. Nuveen LLC now owns 300,565 shares of the industrial products company’s stock valued at $4,067,000 after buying an additional 134,120 shares during the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.
About Luxfer
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.
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