New York State Teachers Retirement System Makes New $29,000 Investment in Luxfer Holdings PLC (NYSE:LXFR)

New York State Teachers Retirement System purchased a new stake in Luxfer Holdings PLC (NYSE:LXFR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,444 shares of the industrial products company’s stock, valued at approximately $29,000.

Other hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its position in shares of Luxfer by 53.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 34,861 shares of the industrial products company’s stock worth $409,000 after purchasing an additional 12,214 shares during the period. Squarepoint Ops LLC lifted its holdings in Luxfer by 9.6% during the 4th quarter. Squarepoint Ops LLC now owns 37,784 shares of the industrial products company’s stock worth $495,000 after buying an additional 3,321 shares in the last quarter. Occudo Quantitative Strategies LP acquired a new stake in Luxfer during the 4th quarter worth approximately $188,000. Millennium Management LLC acquired a new stake in Luxfer during the 4th quarter worth approximately $3,308,000. Finally, Lazard Asset Management LLC lifted its holdings in Luxfer by 98.3% during the 4th quarter. Lazard Asset Management LLC now owns 48,057 shares of the industrial products company’s stock worth $629,000 after buying an additional 23,820 shares in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Luxfer Price Performance

Shares of LXFR opened at $12.26 on Friday. Luxfer Holdings PLC has a twelve month low of $9.41 and a twelve month high of $15.64. The firm’s fifty day simple moving average is $11.82 and its 200-day simple moving average is $12.17. The firm has a market capitalization of $333.96 million, a price-to-earnings ratio of 15.72, a PEG ratio of 1.71 and a beta of 1.10. The company has a current ratio of 2.02, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20.

Luxfer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Friday, July 18th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Friday, July 18th. Luxfer’s dividend payout ratio (DPR) is 66.67%.

Insider Transactions at Luxfer

In other Luxfer news, Director Clive Snowdon sold 4,120 shares of the firm’s stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $10.02, for a total transaction of $41,282.40. Following the transaction, the director directly owned 21,903 shares of the company’s stock, valued at approximately $219,468.06. This trade represents a 15.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Patrick K. Mullen sold 5,463 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $54,739.26. Following the transaction, the director directly owned 35,617 shares in the company, valued at $356,882.34. The trade was a 13.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 38,987 shares of company stock worth $418,168. Insiders own 1.24% of the company’s stock.

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.