Luxfer Holdings PLC (NYSE:LXFR) Director Richard J. Hipple Purchases 3,000 Shares

Luxfer Holdings PLC (NYSE:LXFR) Director Richard J. Hipple acquired 3,000 shares of Luxfer stock in a transaction that occurred on Wednesday, August 14th. The stock was acquired at an average cost of $16.25 per share, with a total value of $48,750.00. Following the completion of the purchase, the director now owns 3,000 shares in the company, valued at approximately $48,750. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Luxfer stock traded up $0.41 during mid-day trading on Friday, hitting $16.50. The company’s stock had a trading volume of 2,443 shares, compared to its average volume of 260,266. The firm’s 50 day moving average is $21.07 and its 200 day moving average is $22.38. The company has a market cap of $444.21 million, a PE ratio of 9.64 and a beta of 1.01. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.35 and a quick ratio of 1.15. Luxfer Holdings PLC has a 52-week low of $15.52 and a 52-week high of $28.06.

The company also recently declared a dividend, which was paid on Wednesday, August 7th. Stockholders of record on Friday, July 19th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, July 18th.

Several institutional investors and hedge funds have recently bought and sold shares of LXFR. Mckinley Capital Management LLC Delaware bought a new position in shares of Luxfer in the 1st quarter valued at approximately $57,000. Atria Investments LLC bought a new position in shares of Luxfer in the 2nd quarter valued at approximately $375,000. Investors Research Corp bought a new position in shares of Luxfer in the 1st quarter valued at approximately $182,000. Strs Ohio bought a new position in shares of Luxfer in the 2nd quarter valued at approximately $178,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of Luxfer by 327.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 8,173 shares of the industrial products company’s stock valued at $204,000 after acquiring an additional 6,259 shares in the last quarter. 98.62% of the stock is owned by institutional investors.

LXFR has been the subject of several research analyst reports. ValuEngine downgraded Luxfer from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 10th. Zacks Investment Research raised Luxfer from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th.

About Luxfer

Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments. The Gas Cylinders segment manufactures and markets high-pressure aluminum and composite cylinders, systems, and accessories under the Luxfer Gas Cylinders and Superform brands.

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