Hexcel Corporation (NYSE:HXL) Holdings Trimmed by Speece Thorson Capital Group Inc.

Speece Thorson Capital Group Inc. lessened its stake in shares of Hexcel Corporation (NYSE:HXL - Free Report) by 1.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 285,814 shares of the aerospace company's stock after selling 5,174 shares during the quarter. Hexcel comprises about 3.2% of Speece Thorson Capital Group Inc.'s investment portfolio, making the stock its 9th biggest position. Speece Thorson Capital Group Inc. owned about 0.36% of Hexcel worth $15,651,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Hexcel by 10.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,205 shares of the aerospace company's stock worth $285,000 after purchasing an additional 492 shares during the period. GAMMA Investing LLC increased its holdings in Hexcel by 95.3% in the 1st quarter. GAMMA Investing LLC now owns 2,306 shares of the aerospace company's stock valued at $126,000 after purchasing an additional 1,125 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Hexcel in the 1st quarter valued at $281,000. Farther Finance Advisors LLC increased its holdings in Hexcel by 71.2% in the 1st quarter. Farther Finance Advisors LLC now owns 1,200 shares of the aerospace company's stock valued at $66,000 after purchasing an additional 499 shares in the last quarter. Finally, Intech Investment Management LLC increased its holdings in Hexcel by 139.2% in the 4th quarter. Intech Investment Management LLC now owns 177,350 shares of the aerospace company's stock valued at $11,120,000 after purchasing an additional 103,199 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Hexcel Stock Performance

NYSE HXL traded up $0.28 during trading hours on Monday, reaching $59.12. The company's stock had a trading volume of 129,046 shares, compared to its average volume of 999,858. The company has a current ratio of 2.59, a quick ratio of 1.39 and a debt-to-equity ratio of 0.51. The business has a 50-day simple moving average of $54.78 and a 200 day simple moving average of $57.73. Hexcel Corporation has a 52 week low of $45.28 and a 52 week high of $71.05. The stock has a market cap of $4.75 billion, a PE ratio of 39.12, a PEG ratio of 1.98 and a beta of 1.28.

Hexcel (NYSE:HXL - Get Free Report) last released its quarterly earnings results on Monday, April 21st. The aerospace company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.06). The business had revenue of $456.50 million for the quarter, compared to the consensus estimate of $482.18 million. Hexcel had a net margin of 6.60% and a return on equity of 10.36%. During the same period last year, the firm posted $0.44 EPS. Equities research analysts predict that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $0.68 annualized dividend and a yield of 1.15%. Hexcel's payout ratio is 45.03%.

Analyst Ratings Changes

HXL has been the subject of several recent analyst reports. Wells Fargo & Company lowered their target price on Hexcel from $55.00 to $53.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. BMO Capital Markets lowered their target price on Hexcel from $72.00 to $52.00 and set a "market perform" rating for the company in a research note on Wednesday, April 23rd. Wall Street Zen downgraded Hexcel from a "buy" rating to a "hold" rating in a research note on Sunday, April 27th. Royal Bank Of Canada decreased their price target on Hexcel from $70.00 to $62.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Finally, Morgan Stanley decreased their price target on Hexcel from $61.00 to $50.00 and set an "underperform" rating for the company in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $58.67.

About Hexcel

Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products.