Luxfer Holdings PLC (NYSE:LXFR – Get Free Report) Director Clive Snowdon sold 4,015 shares of the firm’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 transaction of $60,425.75. Following the transaction, the director directly owned 26,841 shares of the company’s stock, valued at $403,957.05. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Luxfer Price Performance
NYSE LXFR opened at $18.17 on Monday. The firm’s 50 day moving average is $15.01 and its 200-day moving average is $14.20. The company has a quick ratio of 0.81, a current ratio of 1.75 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $490.77 million, a PE ratio of 82.59, a price-to-earnings-growth ratio of 2.35 and a beta of 1.13. Luxfer Holdings PLC has a 12-month low of $11.16 and a 12-month high of $18.41.
Luxfer Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, April 17th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, April 17th. Luxfer’s payout ratio is presently 236.36%.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Luxfer
Institutional Trading of Luxfer
A number of large investors have recently added to or reduced their stakes in LXFR. Royce & Associates LP increased its stake in shares of Luxfer by 1.5% during the 4th quarter. Royce & Associates LP now owns 1,802,435 shares of the industrial products company’s stock worth $24,387,000 after purchasing an additional 26,046 shares during the last quarter. Artisan Partners Limited Partnership lifted its stake in Luxfer by 2.3% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,700,550 shares of the industrial products company’s stock valued at $23,008,000 after purchasing an additional 38,108 shares during the last quarter. American Century Companies Inc. grew its holdings in Luxfer by 12.8% during the third 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 period. Dimensional Fund Advisors LP grew its holdings in Luxfer by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 976,873 shares of the industrial products company’s stock worth $11,898,000 after purchasing an additional 58,197 shares during the period. Finally, Earnest Partners LLC increased its position in Luxfer by 24.9% during the fourth quarter. Earnest Partners LLC now owns 837,433 shares of the industrial products company’s stock worth $11,330,000 after buying an additional 167,023 shares during the last quarter. Institutional investors and hedge funds 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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