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

Luxfer Holdings PLC (NYSE:LXFR) Director Patrick K. Mullen sold 5,463 shares of the company’s stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total value of $54,739.26. Following the completion of the transaction, the director now owns 35,617 shares of the company’s stock, valued at approximately $356,882.34. This represents a 13.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Luxfer Stock Performance

Luxfer stock opened at $12.24 on Wednesday. The stock has a market cap of $333.38 million, a P/E ratio of 37.09, a price-to-earnings-growth ratio of 1.85 and a beta of 1.09. The company has a current ratio of 2.17, a quick ratio of 1.14 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average of $10.96 and a 200-day moving average of $12.47. Luxfer Holdings PLC has a 52 week low of $9.41 and a 52 week high of $15.64.

Luxfer Dividend Announcement

The firm also recently announced 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. This represents a $0.52 annualized dividend and a dividend yield of 4.25%. The ex-dividend date was Thursday, April 17th. Luxfer’s dividend payout ratio (DPR) is currently 66.67%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Luxfer

Institutional investors and hedge funds have recently made changes to their positions in the business. New York State Teachers Retirement System bought a new position in Luxfer during the first quarter worth $29,000. Quantbot Technologies LP bought a new position in Luxfer during the first quarter worth $56,000. Globeflex Capital L P bought a new stake in Luxfer in the fourth quarter valued at $101,000. EP Wealth Advisors LLC bought a new stake in Luxfer in the first quarter valued at $124,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Luxfer in the fourth quarter valued at $137,000. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

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.