Sylvia Ann Stein Sells 4,108 Shares of Luxfer Holdings PLC (NYSE:LXFR) Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Sylvia Ann Stein sold 4,108 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $10.02, for a total transaction of $41,162.16. Following the completion of the transaction, the director now owns 9,901 shares in the company, valued at $99,208.02. This represents a 29.32% 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 Price 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. The company has a market capitalization of $331.75 million, a price-to-earnings ratio of 36.91, a PEG ratio of 1.85 and a beta of 1.09. Luxfer Holdings PLC has a 1-year low of $9.41 and a 1-year high of $15.64. The stock has a fifty day moving average price of $10.93 and a 200 day moving average price of $12.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14.

Luxfer Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Friday, April 18th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.27%. The ex-dividend date was Thursday, April 17th. Luxfer’s payout ratio is currently 66.67%.

Institutional Investors Weigh In On Luxfer

Several large investors have recently modified their holdings of LXFR. Bank of America Corp DE boosted its holdings in shares of Luxfer by 48.3% in the fourth quarter. Bank of America Corp DE now owns 1,854,220 shares of the industrial products company’s stock valued at $24,272,000 after acquiring an additional 603,954 shares during the period. Hillsdale Investment Management Inc. boosted its holdings in shares of Luxfer by 2,131.4% in the fourth quarter. Hillsdale Investment Management Inc. now owns 312,400 shares of the industrial products company’s stock valued at $4,089,000 after acquiring an additional 298,400 shares during the period. Royce & Associates LP boosted its holdings in shares of Luxfer by 20.4% in the fourth quarter. Royce & Associates LP now owns 1,624,061 shares of the industrial products company’s stock valued at $21,259,000 after acquiring an additional 275,669 shares during the period. Millennium Management LLC acquired a new stake in shares of Luxfer in the fourth quarter valued at approximately $3,308,000. Finally, Nuveen LLC acquired a new stake in shares of Luxfer in the first quarter valued at approximately $2,821,000. 90.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

About Luxfer

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.