David Landless Sells 1,250 Shares of Luxfer Holdings PLC (LXFR) Stock

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.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Luxfer from a “strong-buy” rating to a “hold” rating in a research note on Friday. ValuEngine raised shares of Luxfer from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th.

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.

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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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