Luxfer Holdings PLC (NYSE:LXFR) Director David Landless sold 1,250 shares of Luxfer stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $23.46, for a total transaction of $29,325.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Luxfer stock opened at $23.97 on Friday. The firm has a market cap of $661.80 million, a price-to-earnings ratio of 14.18 and a beta of 1.12. 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 Holdings PLC has a fifty-two week low of $16.39 and a fifty-two week high of $28.06.
Luxfer (NYSE:LXFR) last released its earnings results on Wednesday, May 1st. The industrial products company reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.08). The firm had revenue of $120.40 million for the quarter, compared to analyst estimates of $115.00 million. Luxfer had a return on equity of 24.27% and a net margin of 2.11%. Equities analysts forecast that Luxfer Holdings PLC will post 1.78 earnings per share for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp lifted its position in Luxfer by 5.7% during the 1st quarter. Northern Trust Corp now owns 12,013 shares of the industrial products company’s stock worth $300,000 after acquiring an additional 651 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of Luxfer by 12.1% during the first quarter. Parametric Portfolio Associates LLC now owns 16,833 shares of the industrial products company’s stock valued at $420,000 after buying an additional 1,822 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Luxfer during the fourth quarter valued at about $34,000. Mckinley Capital Management LLC Delaware acquired a new position in shares of Luxfer during the first quarter valued at about $57,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Luxfer by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 265,494 shares of the industrial products company’s stock valued at $6,632,000 after buying an additional 2,578 shares during the last quarter. 97.62% of the stock is owned by hedge funds and other institutional investors.
Luxfer Company Profile
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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