Luxfer Holdings PLC (NYSE:LXFR) Director Patrick K. Mullen Purchases 6,200 Shares

Luxfer Holdings PLC (NYSE:LXFR – Get Rating) Director Patrick K. Mullen bought 6,200 shares of the company’s stock in a transaction on Friday, July 29th. The shares were bought at an average price of $16.12 per share, with a total value of $99,944.00. Following the completion of the transaction, the director now owns 7,450 shares of the company’s stock, valued at $120,094. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Luxfer Trading Up 2.0 %

LXFR stock opened at $16.66 on Tuesday. The company has a market capitalization of $470.45 million, a PE ratio of 21.36, a price-to-earnings-growth ratio of 0.93 and a beta of 0.98. Luxfer Holdings PLC has a one year low of $14.26 and a one year high of $23.71. The company’s 50 day moving average price is $15.69 and its two-hundred day moving average price is $16.58. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.96 and a current ratio of 2.08.

Luxfer Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 3rd. Shareholders of record on Friday, July 15th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, July 14th. This is an increase from Luxfer’s previous quarterly dividend of $0.13. This represents a $0.52 annualized dividend and a dividend yield of 3.12%. Luxfer’s dividend payout ratio (DPR) is 66.67%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC purchased a new position in shares of Luxfer in the fourth quarter worth $370,000. Riverwater Partners LLC purchased a new position in shares of Luxfer in the fourth quarter worth $352,000. New York State Common Retirement Fund increased its stake in shares of Luxfer by 86.1% in the fourth quarter. New York State Common Retirement Fund now owns 218,081 shares of the industrial products company’s stock worth $4,211,000 after buying an additional 100,869 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Luxfer by 4.7% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 31,369 shares of the industrial products company’s stock worth $613,000 after buying an additional 1,421 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Luxfer in the fourth quarter worth $171,000. 94.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Luxfer from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th.

Luxfer Company Profile

(Get Rating)

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Elektron and Gas Cylinders.

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