WINTON GROUP Ltd lifted its stake in Hexcel Corporation (NYSE:HXL – Free Report) by 1,901.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,082 shares of the aerospace company’s stock after purchasing an additional 93,182 shares during the period. WINTON GROUP Ltd owned approximately 0.12% of Hexcel worth $7,248,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. MMA Asset Management LLC acquired a new position in Hexcel during the third quarter worth $35,000. Optiver Holding B.V. grew its holdings in Hexcel by 469.3% in the third quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 474 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Hexcel by 8,671.4% in the third quarter. Smartleaf Asset Management LLC now owns 614 shares of the aerospace company’s stock valued at $38,000 after buying an additional 607 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Hexcel in the fourth quarter valued at $38,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock valued at $42,000 after buying an additional 441 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.
Hexcel Stock Down 0.4%
Shares of NYSE:HXL opened at $89.26 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. Hexcel Corporation has a 52-week low of $53.87 and a 52-week high of $98.26. The stock’s fifty day simple moving average is $87.40 and its 200-day simple moving average is $83.20. The company has a market capitalization of $6.73 billion, a P/E ratio of 58.72, a P/E/G ratio of 1.36 and a beta of 1.08.
Hexcel Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, May 4th. Hexcel’s dividend payout ratio is currently 47.37%.
Analyst Ratings Changes
HXL has been the subject of a number of research analyst reports. BMO Capital Markets raised their price target on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Wall Street Zen upgraded Hexcel from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Tuesday, April 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Hexcel in a research report on Friday, April 24th. Finally, Bank of America upgraded Hexcel from an “underperform” rating to a “neutral” rating and raised their price target for the company from $60.00 to $95.00 in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Hexcel has an average rating of “Hold” and an average target price of $91.00.
Hexcel Profile
Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.
Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.
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