Key Points
- Luxfer director Sylvia Ann Stein sold 4,010 shares on June 11 at an average price of $15.05, totaling about $60,350.50. After the sale, she still held 14,844 shares, a 21.27% reduction in her position.
- Luxfer’s stock was trading at $17.99, near its 52-week high of $18.74 and above both its 50-day and 200-day moving averages. The company has a market cap of about $485.9 million and currently pays a quarterly dividend of $0.13, or $0.52 annualized.
- Analyst sentiment on LXFR is mixed but generally positive, with a consensus rating of “Buy.” Recent moves included upgrades from Zacks Research and Freedom Capital, though Wall Street Zen downgraded the stock from “strong-buy” to “buy.”
Luxfer Holdings PLC (NYSE:LXFR - Get Free Report) Director Sylvia Ann Stein sold 4,010 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $15.05, for a total transaction of $60,350.50. Following the completion of the transaction, the director directly owned 14,844 shares of the company's stock, valued at $223,402.20. This trade represents a 21.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Luxfer Stock Performance
LXFR stock opened at $17.99 on Tuesday. Luxfer Holdings PLC has a 1-year low of $11.16 and a 1-year high of $18.74. 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 firm has a market cap of $485.86 million, a PE ratio of 81.77, a P/E/G ratio of 2.35 and a beta of 1.13. The business's 50-day moving average price is $15.12 and its two-hundred day moving average price is $14.24.
Luxfer Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, April 17th were given a $0.13 dividend. The ex-dividend date was Friday, April 17th. This represents a $0.52 annualized dividend and a dividend yield of 2.9%. Luxfer's payout ratio is currently 236.36%.
Analyst Upgrades and Downgrades
LXFR has been the subject of several research analyst reports. Wall Street Zen cut shares of Luxfer from a "strong-buy" rating to a "buy" rating in a report on Sunday, May 31st. Zacks Research upgraded Luxfer from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 27th. Freedom Capital upgraded Luxfer to a "strong-buy" rating in a report on Thursday, May 21st. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Luxfer in a report on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy".
Check Out Our Latest Stock Analysis on LXFR
Institutional Trading of Luxfer
Several institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in shares of Luxfer by 63.3% during the 1st 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. Empowered Funds LLC lifted its stake in Luxfer by 21.2% in the first quarter. Empowered Funds LLC now owns 137,186 shares of the industrial products company's stock valued at $1,671,000 after acquiring an additional 24,003 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Luxfer in the 1st quarter valued at about $956,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Luxfer by 17.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 488,252 shares of the industrial products company's stock valued at $5,947,000 after purchasing an additional 70,989 shares during the period. Finally, First Wilshire Securities Management Inc. lifted its stake in Luxfer by 0.7% in the 1st quarter. First Wilshire Securities Management Inc. now owns 342,174 shares of the industrial products company's stock valued at $4,168,000 after purchasing an additional 2,454 shares during the last quarter. Institutional investors own 90.82% of the company's stock.
About Luxfer
(
Get Free Report)
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.
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