Luxfer (NYSE:LXFR) Director Sylvia Ann Stein Sells 4,010 Shares

Luxfer Holdings PLC (NYSE:LXFR) Director Sylvia Ann Stein sold 4,010 shares of Luxfer stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $15.05, for a total value of $60,350.50. Following the transaction, the director owned 14,844 shares of the company’s stock, valued at $223,402.20. The trade was a 21.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Luxfer Trading Up 0.5%

NYSE LXFR opened at $18.17 on Monday. Luxfer Holdings PLC has a 12 month low of $11.16 and a 12 month high of $18.41. The company has a current ratio of 1.75, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock’s fifty day moving average price is $15.01 and its 200-day moving average price is $14.20. The stock has a market cap of $490.77 million, a P/E ratio of 82.59, a P/E/G ratio of 2.35 and a beta of 1.13.

Luxfer Dividend Announcement

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

Institutional Trading of Luxfer

Institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new stake in shares of Luxfer in the fourth quarter worth approximately $26,000. Raymond James Financial Inc. bought a new position in Luxfer during the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC boosted its holdings 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 purchasing an additional 1,083 shares during the last quarter. LSV Asset Management purchased a new stake in Luxfer in the fourth quarter worth approximately $85,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in Luxfer in the 4th quarter worth approximately $101,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Analyst Upgrades and Downgrades

LXFR has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Luxfer in a report on Monday, March 23rd. Wall Street Zen downgraded shares of Luxfer from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 31st. Freedom Capital upgraded shares of Luxfer to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Zacks Research raised Luxfer from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Luxfer Company Profile

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.