Graybill Bartz & Assoc Ltd. boosted its position in shares of Hexcel Co. (NYSE:HXL) by 2.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,174 shares of the aerospace company’s stock after purchasing an additional 1,215 shares during the period. Hexcel comprises about 2.7% of Graybill Bartz & Assoc Ltd.’s investment portfolio, making the stock its 9th biggest position. Graybill Bartz & Assoc Ltd. owned 0.07% of Hexcel worth $3,784,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Fieldpoint Private Securities LLC bought a new position in Hexcel during the 3rd quarter valued at about $142,000. The Manufacturers Life Insurance Company lifted its holdings in Hexcel by 6.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,098 shares of the aerospace company’s stock valued at $163,000 after purchasing an additional 200 shares during the last quarter. Nomura Holdings Inc. bought a new position in Hexcel during the 2nd quarter valued at about $202,000. AHL Partners LLP bought a new position in Hexcel during the 2nd quarter valued at about $207,000. Finally, Tocqueville Asset Management L.P. bought a new position in Hexcel during the 3rd quarter valued at about $207,000. 96.66% of the stock is owned by hedge funds and other institutional investors.

Shares of Hexcel Co. (HXL) traded up $0.55 during midday trading on Tuesday, hitting $64.60. 448,200 shares of the company’s stock were exchanged, compared to its average volume of 651,378. Hexcel Co. has a one year low of $49.20 and a one year high of $65.01. The company has a market capitalization of $5,802.73, a P/E ratio of 23.32, a PEG ratio of 2.99 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.53 and a current ratio of 2.74.

Hexcel (NYSE:HXL) last announced its earnings results on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.02. Hexcel had a net margin of 13.13% and a return on equity of 18.40%. The company had revenue of $491.50 million during the quarter, compared to the consensus estimate of $507.77 million. During the same period in the previous year, the firm posted $0.65 earnings per share. The company’s revenue was down 1.8% on a year-over-year basis. research analysts expect that Hexcel Co. will post 2.68 earnings per share for the current year.

HXL has been the subject of several analyst reports. Stephens initiated coverage on shares of Hexcel in a report on Wednesday, December 6th. They set an “overweight” rating and a $74.00 price target for the company. Jefferies Group reaffirmed a “hold” rating and issued a $50.00 target price on shares of Hexcel in a research note on Friday, September 29th. Canaccord Genuity reaffirmed a “hold” rating and issued a $54.00 target price on shares of Hexcel in a research note on Friday, September 29th. Loop Capital boosted their target price on shares of Hexcel from $61.00 to $64.00 and gave the stock a “hold” rating in a research note on Tuesday, October 24th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $67.00 target price (up from $60.00) on shares of Hexcel in a research note on Wednesday, December 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $63.00.

In related news, CEO Nick L. Stanage sold 27,174 shares of the business’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $64.01, for a total transaction of $1,739,407.74. Following the completion of the sale, the chief executive officer now directly owns 181,637 shares of the company’s stock, valued at $11,626,584.37. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Timothy Swords sold 13,493 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $60.27, for a total transaction of $813,223.11. Following the sale, the insider now directly owns 20,202 shares of the company’s stock, valued at $1,217,574.54. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 103,971 shares of company stock valued at $6,501,241. Insiders own 2.10% of the company’s stock.

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Hexcel Company Profile

Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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