SG Americas Securities LLC Invests $130,000 in Luxfer Holdings PLC (NYSE:LXFR)

SG Americas Securities LLC bought a new stake in shares of Luxfer Holdings PLC (NYSE:LXFR) in the 3rd quarter, Holdings Channel.com reports. The firm bought 10,002 shares of the industrial products company’s stock, valued at approximately $130,000.

Several other institutional investors and hedge funds have also bought and sold shares of LXFR. Itau Unibanco Holding S.A. purchased a new stake in shares of Luxfer during the second quarter valued at approximately $25,000. CWM LLC boosted its position in Luxfer by 466.6% during the 2nd quarter. CWM LLC now owns 7,558 shares of the industrial products company’s stock valued at $88,000 after buying an additional 6,224 shares during the period. Algert Global LLC bought a new stake in Luxfer in the 2nd quarter worth $133,000. Russell Investments Group Ltd. increased its position in shares of Luxfer by 254.8% in the first quarter. Russell Investments Group Ltd. now owns 18,721 shares of the industrial products company’s stock valued at $194,000 after acquiring an additional 13,445 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Luxfer during the second quarter valued at about $281,000. 90.82% of the stock is currently owned by institutional investors.

Luxfer Stock Up 0.6 %

NYSE LXFR opened at $12.36 on Friday. Luxfer Holdings PLC has a 1 year low of $7.55 and a 1 year high of $13.52. The stock has a market capitalization of $338.54 million, a PE ratio of -65.05, a PEG ratio of 2.42 and a beta of 0.91. 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 business’s 50-day moving average is $11.96 and its 200 day moving average is $11.60.

Luxfer (NYSE:LXFR) last issued its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $99.70 million for the quarter, compared to analyst estimates of $99.70 million. Luxfer had a positive return on equity of 6.24% and a negative net margin of 1.28%. Sell-side analysts forecast that Luxfer Holdings PLC will post 0.75 earnings per share for the current year.

Luxfer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, October 18th will be issued a $0.13 dividend. The ex-dividend date is Friday, October 18th. This represents a $0.52 annualized dividend and a yield of 4.21%. Luxfer’s dividend payout ratio (DPR) is presently -273.68%.

Insider Transactions at Luxfer

In related news, insider Graham Wardlow sold 6,500 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $10.83, for a total value of $70,395.00. Following the completion of the transaction, the insider now directly owns 29,008 shares of the company’s stock, valued at $314,156.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.17% of the company’s stock.

Luxfer Profile

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.