HMS Capital Management LLC purchased a new stake in Hexcel Co. (NYSE:HXL) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 4,288 shares of the aerospace company’s stock, valued at approximately $352,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HXL. Creative Planning lifted its position in Hexcel by 4.3% in the 2nd quarter. Creative Planning now owns 3,034 shares of the aerospace company’s stock valued at $245,000 after purchasing an additional 124 shares during the last quarter. Machina Capital S.A.S. lifted its position in Hexcel by 22.4% in the 2nd quarter. Machina Capital S.A.S. now owns 743 shares of the aerospace company’s stock valued at $60,000 after purchasing an additional 136 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its position in Hexcel by 0.9% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 18,279 shares of the aerospace company’s stock valued at $1,478,000 after purchasing an additional 158 shares during the last quarter. Wesbanco Bank Inc. lifted its position in Hexcel by 0.4% in the 2nd quarter. Wesbanco Bank Inc. now owns 56,740 shares of the aerospace company’s stock valued at $4,590,000 after purchasing an additional 217 shares during the last quarter. Finally, First Allied Advisory Services Inc. lifted its position in Hexcel by 7.9% in the 2nd quarter. First Allied Advisory Services Inc. now owns 3,239 shares of the aerospace company’s stock valued at $262,000 after purchasing an additional 237 shares during the last quarter. 94.20% of the stock is owned by institutional investors and hedge funds.

Shares of HXL stock traded down $0.78 during midday trading on Tuesday, reaching $76.62. 19,550 shares of the company were exchanged, compared to its average volume of 470,090. Hexcel Co. has a 12 month low of $53.50 and a 12 month high of $87.00. The company has a market cap of $6.59 billion, a P/E ratio of 25.24, a PEG ratio of 2.14 and a beta of 1.03. The company’s 50 day moving average price is $81.24 and its two-hundred day moving average price is $77.08. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.28 and a current ratio of 2.22.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Monday, July 22nd. The aerospace company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. Hexcel had a net margin of 12.90% and a return on equity of 21.45%. The company had revenue of $609.00 million for the quarter, compared to the consensus estimate of $606.03 million. During the same period in the previous year, the firm earned $0.75 EPS. Hexcel’s revenue was up 11.2% on a year-over-year basis. As a group, sell-side analysts predict that Hexcel Co. will post 3.52 earnings per share for the current year.

In related news, insider Robert George Hennemuth sold 37,544 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $83.56, for a total value of $3,137,176.64. Following the sale, the insider now directly owns 73,046 shares in the company, valued at approximately $6,103,723.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nick L. Stanage sold 15,662 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $85.75, for a total transaction of $1,343,016.50. Following the completion of the sale, the chief executive officer now owns 256,853 shares in the company, valued at $22,025,144.75. The disclosure for this sale can be found here. Insiders sold a total of 57,623 shares of company stock worth $4,840,665 over the last quarter. Insiders own 1.40% of the company’s stock.

HXL has been the topic of several recent research reports. ValuEngine downgraded shares of Hexcel from a “buy” rating to a “hold” rating in a research report on Wednesday, September 11th. Credit Suisse Group boosted their price target on shares of Hexcel from $72.00 to $79.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Canaccord Genuity boosted their price target on shares of Hexcel from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Zacks Investment Research downgraded shares of Hexcel from a “buy” rating to a “hold” rating and set a $86.00 price target on the stock. in a research report on Tuesday, July 2nd. Finally, Cowen set a $87.00 price target on shares of Hexcel and gave the stock a “buy” rating in a research report on Friday, September 27th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Hexcel currently has an average rating of “Hold” and a consensus target price of $81.21.

Hexcel Company Profile

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in cars, boats, and trains.

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Institutional Ownership by Quarter for Hexcel (NYSE:HXL)

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