Lisa Trimberger Sells 4,010 Shares of Luxfer (NYSE:LXFR) Stock

Luxfer Holdings PLC (NYSE:LXFR) 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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Luxfer Stock Performance

NYSE LXFR opened at $18.17 on Monday. The company has a 50-day simple moving average of $15.01 and a two-hundred day simple moving average of $14.20. Luxfer Holdings PLC has a 12-month low of $11.16 and a 12-month high of $18.41. The firm has a market cap of $490.77 million, a price-to-earnings ratio of 82.59, a PEG ratio of 2.35 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, April 17th were issued a dividend of $0.13 per share. The ex-dividend date was Friday, April 17th. This represents a $0.52 annualized dividend and a yield of 2.9%. Luxfer’s dividend payout ratio is currently 236.36%.

Wall Street Analyst Weigh In

LXFR has been the topic of a number of analyst reports. Freedom Capital raised Luxfer to a “strong-buy” rating in a research note on Thursday, May 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Luxfer in a research note on Monday, March 23rd. Zacks Research upgraded shares of Luxfer from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen downgraded shares of Luxfer from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Luxfer

Several institutional investors and hedge funds have recently bought and sold shares of LXFR. Charles Schwab Investment Management Inc. grew its position in shares of Luxfer by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 78,540 shares of the industrial products company’s stock worth $1,063,000 after buying an additional 635 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of Luxfer by 2.2% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 42,034 shares of the industrial products company’s stock valued at $569,000 after acquiring an additional 902 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Luxfer by 63.3% in 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 during the period. Intech Investment Management LLC lifted its stake in Luxfer by 8.7% in the third quarter. Intech Investment Management LLC now owns 14,713 shares of the industrial products company’s stock worth $205,000 after acquiring an additional 1,178 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Luxfer by 7.1% in the third quarter. Alliancebernstein L.P. now owns 21,200 shares of the industrial products company’s stock valued at $295,000 after acquiring an additional 1,400 shares in 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.