Insider Selling: Luxfer Holdings PLC (NYSE:LXFR) Director Sells 4,108 Shares of Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Lisa G. Trimberger sold 4,108 shares of the company’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.02, for a total value of $41,162.16. Following the sale, the director now owns 15,858 shares of the company’s stock, valued at $158,897.16. This represents a 20.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Luxfer Stock Performance

Shares of LXFR stock remained flat at $12.18 during trading hours on Tuesday. The stock had a trading volume of 54,635 shares, compared to its average volume of 129,316. Luxfer Holdings PLC has a fifty-two week low of $9.41 and a fifty-two week high of $15.64. The company’s fifty day simple moving average is $10.93 and its two-hundred day simple moving average is $12.47. The company has a quick ratio of 1.14, a current ratio of 2.17 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $331.75 million, a P/E ratio of 36.91, a P/E/G ratio of 1.85 and a beta of 1.09.

Luxfer Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in Luxfer by 48.3% during the 4th quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company’s stock worth $24,272,000 after buying an additional 603,954 shares during the last quarter. Royce & Associates LP lifted its holdings in Luxfer by 8.4% during the 1st quarter. Royce & Associates LP now owns 1,759,749 shares of the industrial products company’s stock worth $20,871,000 after buying an additional 135,688 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Luxfer by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 1,510,311 shares of the industrial products company’s stock worth $17,912,000 after buying an additional 21,797 shares during the last quarter. American Century Companies Inc. lifted its holdings in Luxfer by 5.5% during the 1st quarter. American Century Companies Inc. now owns 1,265,173 shares of the industrial products company’s stock worth $15,005,000 after buying an additional 65,470 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in 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 last quarter. Institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

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

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.