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 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Luxfer Price Performance

Shares of NYSE LXFR opened at $18.16 on Wednesday. The company has a fifty day moving average price of $15.24 and a 200 day moving average price of $14.28. The firm has a market cap of $490.61 million, a PE ratio of 82.57, a PEG ratio of 2.34 and a beta of 1.13. The company has a current ratio of 1.75, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Luxfer Holdings PLC has a 1-year low of $11.16 and a 1-year high of $18.74.

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 issued a dividend of $0.13 per share. The ex-dividend date was Friday, April 17th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.9%. Luxfer’s dividend payout ratio (DPR) is presently 236.36%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LXFR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Luxfer in a research report on Monday, March 23rd. Freedom Capital upgraded shares of Luxfer to a “strong-buy” rating in a report on Thursday, May 21st. 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 report on Sunday, May 31st. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Luxfer currently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Luxfer

Hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings in Luxfer by 1.9% during the first quarter. AQR Capital Management LLC now owns 257,371 shares of the industrial products company’s stock worth $3,052,000 after buying an additional 4,772 shares during the last quarter. Jane Street Group LLC lifted its stake in Luxfer by 115.0% in the first quarter. Jane Street Group LLC now owns 46,689 shares of the industrial products company’s stock valued at $554,000 after acquiring an additional 24,969 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Luxfer by 20.5% in the 2nd quarter. Franklin Resources Inc. now owns 19,199 shares of the industrial products company’s stock valued at $234,000 after acquiring an additional 3,268 shares during the period. Marshall Wace LLP grew its position in shares of Luxfer by 0.9% in the 2nd quarter. Marshall Wace LLP now owns 172,736 shares of the industrial products company’s stock valued at $2,104,000 after acquiring an additional 1,570 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in shares of Luxfer by 58.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 133,343 shares of the industrial products company’s stock worth $1,624,000 after purchasing an additional 49,419 shares during the last quarter. 90.82% of the stock is owned by institutional investors.

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.