Insider Selling: Luxfer Holdings PLC (LXFR) Director Sells 1,450 Shares of Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Peter Gibbons sold 1,450 shares of the firm’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $25.40, for a total transaction of $36,830.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

LXFR stock traded down $0.51 during midday trading on Friday, hitting $25.35. The stock had a trading volume of 130,867 shares, compared to its average volume of 131,918. The stock has a market cap of $671.88 million, a P/E ratio of 15.00 and a beta of 1.12. Luxfer Holdings PLC has a 52 week low of $16.39 and a 52 week high of $28.06. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.92 and a quick ratio of 0.96.

Luxfer (NYSE:LXFR) last issued its earnings results on Wednesday, May 1st. The industrial products company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The firm had revenue of $120.40 million during the quarter, compared to the consensus estimate of $115.00 million. Luxfer had a return on equity of 24.27% and a net margin of 2.11%. Equities research analysts anticipate that Luxfer Holdings PLC will post 1.86 EPS for the current year.

The company also recently announced a dividend, which was paid on Wednesday, May 1st. Investors of record on Friday, April 12th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, April 11th.

Several equities research analysts have recently issued reports on LXFR shares. Zacks Investment Research downgraded shares of Luxfer from a “hold” rating to a “sell” rating in a research note on Wednesday, March 13th. ValuEngine cut Luxfer from a “buy” rating to a “hold” rating in a research report on Friday, March 1st.

A number of hedge funds have recently modified their holdings of the stock. FMR LLC lifted its position in Luxfer by 45.3% in the first quarter. FMR LLC now owns 4,158,376 shares of the industrial products company’s stock worth $103,876,000 after purchasing an additional 1,295,722 shares during the period. Paradice Investment Management LLC lifted its position in Luxfer by 25.3% in the first quarter. Paradice Investment Management LLC now owns 2,593,657 shares of the industrial products company’s stock worth $64,790,000 after purchasing an additional 523,660 shares during the period. William Blair Investment Management LLC lifted its position in Luxfer by 34.4% in the first quarter. William Blair Investment Management LLC now owns 1,226,992 shares of the industrial products company’s stock worth $30,650,000 after purchasing an additional 313,993 shares during the period. RK Capital Management LLC lifted its position in Luxfer by 41.8% in the fourth quarter. RK Capital Management LLC now owns 1,090,345 shares of the industrial products company’s stock worth $19,223,000 after purchasing an additional 321,145 shares during the period. Finally, Acadian Asset Management LLC lifted its holdings in shares of Luxfer by 24.9% during the fourth quarter. Acadian Asset Management LLC now owns 736,997 shares of the industrial products company’s stock valued at $12,990,000 after acquiring an additional 146,789 shares during the period. 97.18% of the stock is owned by hedge funds and other institutional investors.

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Luxfer Company Profile

Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas cylinders for transportation, defense and emergency response, healthcare, and general industrial applications. It operates in two segments, Gas Cylinders and Elektron.

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