Dimensional Fund Advisors LP Increases Stake in Hexcel Co. (NYSE:HXL)

Dimensional Fund Advisors LP lifted its stake in Hexcel Co. (NYSE:HXL) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 925,909 shares of the aerospace company’s stock after buying an additional 15,039 shares during the period. Dimensional Fund Advisors LP owned approximately 1.09% of Hexcel worth $53,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HXL. Dean Investment Associates LLC lifted its holdings in Hexcel by 1.0% during the 4th quarter. Dean Investment Associates LLC now owns 13,957 shares of the aerospace company’s stock worth $800,000 after buying an additional 144 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of Hexcel by 51.7% during the 4th quarter. Whittier Trust Co. now owns 531 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 181 shares in the last quarter. Wesbanco Bank Inc. boosted its position in shares of Hexcel by 0.5% in the fourth quarter. Wesbanco Bank Inc. now owns 62,626 shares of the aerospace company’s stock worth $3,591,000 after buying an additional 296 shares during the period. CWM LLC boosted its position in shares of Hexcel by 139.6% in the fourth quarter. CWM LLC now owns 520 shares of the aerospace company’s stock worth $30,000 after buying an additional 303 shares during the period. Finally, AdvisorNet Financial Inc raised its holdings in shares of Hexcel by 51.8% during the fourth quarter. AdvisorNet Financial Inc now owns 1,055 shares of the aerospace company’s stock worth $60,000 after acquiring an additional 360 shares in the last quarter. 95.74% of the stock is owned by hedge funds and other institutional investors.

In other news, insider Thierry Merlot sold 3,516 shares of Hexcel stock in a transaction on Friday, March 1st. The shares were sold at an average price of $72.55, for a total transaction of $255,085.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.40% of the stock is currently owned by insiders.

HXL has been the topic of a number of recent research reports. Zacks Investment Research downgraded Hexcel from a “buy” rating to a “hold” rating in a report on Monday, April 15th. ValuEngine cut shares of Hexcel from a “buy” rating to a “hold” rating in a research report on Thursday, March 21st. Cowen reaffirmed a “buy” rating and issued a $66.00 target price on shares of Hexcel in a research note on Wednesday, January 23rd. Loop Capital cut shares of Hexcel from a “buy” rating to a “hold” rating and set a $71.57 target price on the stock. in a report on Wednesday, March 6th. Finally, BMO Capital Markets raised shares of Hexcel from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.69.

Shares of NYSE:HXL traded up $0.18 during mid-day trading on Friday, reaching $68.41. 186,434 shares of the company’s stock were exchanged, compared to its average volume of 375,647. The firm has a market cap of $5.81 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 1.99 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.16 and a current ratio of 2.07. Hexcel Co. has a twelve month low of $53.50 and a twelve month high of $73.42.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 23rd. The aerospace company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The company had revenue of $561.00 million for the quarter, compared to analyst estimates of $558.55 million. Hexcel had a net margin of 12.64% and a return on equity of 19.19%. Hexcel’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share. Sell-side analysts forecast that Hexcel Co. will post 3.45 EPS for the current year.

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Hexcel 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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