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.
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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