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 the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $15.05, for a total value of $60,350.50. Following the sale, the director owned 14,844 shares in the company, valued at approximately $223,402.20. This trade represents a 21.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Luxfer Trading Down 0.5%

Shares of LXFR opened at $17.99 on Tuesday. The stock has a fifty day moving average price of $15.12 and a two-hundred day moving average price of $14.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.75. The company has a market cap of $485.86 million, a price-to-earnings ratio of 81.77, a PEG ratio of 2.35 and a beta of 1.13. Luxfer Holdings PLC has a 52-week low of $11.16 and a 52-week high of $18.74.

Luxfer Dividend Announcement

The business also recently declared 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. The ex-dividend date was Friday, April 17th. This represents a $0.52 annualized dividend and a yield of 2.9%. Luxfer’s dividend payout ratio is 236.36%.

Analysts Set New Price Targets

LXFR has been the topic of a number of research reports. Freedom Capital upgraded shares of Luxfer to a “strong-buy” rating in a research report on Thursday, May 21st. Zacks Research raised Luxfer from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Luxfer in a research note on Monday, March 23rd. Finally, Wall Street Zen lowered Luxfer from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Hedge Funds Weigh In On Luxfer

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue bought a new stake in shares of Luxfer during the 4th quarter valued at $26,000. Raymond James Financial Inc. acquired a new stake in shares of Luxfer during the second quarter worth $29,000. EverSource Wealth Advisors LLC increased 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 valued at $34,000 after purchasing an additional 1,083 shares during the last quarter. LSV Asset Management bought a new position in Luxfer during the fourth quarter worth about $85,000. Finally, Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Luxfer during the 4th quarter worth about $101,000. 90.82% of the stock is owned by institutional investors.

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.