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

Luxfer Holdings PLC (NYSE:LXFR) Director Patrick K. Mullen sold 5,463 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $54,739.26. Following the completion of the transaction, the director now owns 35,617 shares of the company’s stock, valued at $356,882.34. This represents a 13.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 1-year low of $9.41 and a 1-year high of $15.64. The stock has a market cap of $331.75 million, a PE ratio of 36.90, a PEG ratio of 1.85 and a beta of 1.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 2.17. The firm has a 50-day moving average price of $10.93 and a two-hundred day moving average price of $12.47.

Luxfer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders 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 dividend yield of 4.27%. Luxfer’s payout ratio is 66.67%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Luxfer

Large investors have recently modified their holdings of the business. New York State Teachers Retirement System purchased a new stake in shares of Luxfer during the first quarter worth about $29,000. Quantbot Technologies LP purchased a new stake in Luxfer in the first quarter valued at approximately $56,000. Globeflex Capital L P purchased a new stake in Luxfer in the fourth quarter valued at approximately $101,000. Price T Rowe Associates Inc. MD purchased a new stake in Luxfer in the fourth quarter valued at approximately $137,000. Finally, EP Wealth Advisors LLC purchased a new stake in Luxfer in the first quarter valued at approximately $124,000. 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.