Luxfer Holdings PLC (NYSE:LXFR – Get Free Report) insider Graham Wardlow sold 6,500 shares of Luxfer stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $10.83, for a total value of $70,395.00. Following the transaction, the insider now directly owns 29,008 shares in the company, valued at approximately $314,156.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Luxfer Stock Up 3.2 %
LXFR opened at $11.22 on Friday. Luxfer Holdings PLC has a fifty-two week low of $7.55 and a fifty-two week high of $13.52. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.39 and a quick ratio of 1.21. The company’s 50-day moving average is $11.51 and its 200 day moving average is $10.90. The firm has a market capitalization of $307.32 million, a P/E ratio of 22.44, a PEG ratio of 2.14 and a beta of 0.94.
Luxfer (NYSE:LXFR – Get Free Report) last posted its earnings results on Tuesday, July 30th. The industrial products company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. The firm had revenue of $99.70 million for the quarter, compared to analysts’ expectations of $99.70 million. Luxfer had a negative net margin of 1.28% and a positive return on equity of 6.24%. Research analysts expect that Luxfer Holdings PLC will post 0.75 earnings per share for the current fiscal year.
Luxfer Announces Dividend
Institutional Investors Weigh In On Luxfer
Several large investors have recently made changes to their positions in LXFR. Vanguard Group Inc. grew its position in Luxfer by 188.8% during the first quarter. Vanguard Group Inc. now owns 1,685,338 shares of the industrial products company’s stock valued at $17,477,000 after buying an additional 1,101,856 shares during the period. Invenomic Capital Management LP bought a new position in shares of Luxfer during the 1st quarter valued at approximately $2,841,000. Kennedy Capital Management LLC purchased a new stake in shares of Luxfer during the 1st quarter worth approximately $2,242,000. American Century Companies Inc. raised its holdings in shares of Luxfer by 23.1% in the 2nd quarter. American Century Companies Inc. now owns 899,263 shares of the industrial products company’s stock worth $10,422,000 after purchasing an additional 169,015 shares during the period. Finally, Artisan Partners Limited Partnership raised its holdings in shares of Luxfer by 56.4% in the 4th quarter. Artisan Partners Limited Partnership now owns 427,153 shares of the industrial products company’s stock worth $3,819,000 after purchasing an additional 154,085 shares during the period. 90.82% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Luxfer from a “hold” rating to a “buy” rating in a research note on Monday, May 13th.
Get Our Latest Analysis on LXFR
About Luxfer
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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