Frontier Capital Management Co. LLC Has $22.43 Million Stock Position in Hexcel Co. (NYSE:HXL)

Frontier Capital Management Co. LLC boosted its position in shares of Hexcel Co. (NYSE:HXL - Free Report) by 191.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 357,658 shares of the aerospace company's stock after purchasing an additional 235,025 shares during the period. Frontier Capital Management Co. LLC owned 0.44% of Hexcel worth $22,425,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HXL. Barclays PLC boosted its position in Hexcel by 32.1% during the third quarter. Barclays PLC now owns 70,023 shares of the aerospace company's stock valued at $4,330,000 after purchasing an additional 17,011 shares during the last quarter. GAMMA Investing LLC boosted its position in Hexcel by 21.1% during the fourth quarter. GAMMA Investing LLC now owns 1,181 shares of the aerospace company's stock valued at $74,000 after purchasing an additional 206 shares during the last quarter. Weybosset Research & Management LLC boosted its position in Hexcel by 0.4% during the fourth quarter. Weybosset Research & Management LLC now owns 175,676 shares of the aerospace company's stock valued at $11,015,000 after purchasing an additional 692 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Hexcel by 4.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,516 shares of the aerospace company's stock valued at $1,639,000 after purchasing an additional 1,147 shares during the last quarter. Finally, Oak Thistle LLC boosted its position in Hexcel by 303.5% during the fourth quarter. Oak Thistle LLC now owns 19,169 shares of the aerospace company's stock valued at $1,202,000 after purchasing an additional 14,418 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Hexcel Stock Performance

Shares of Hexcel stock traded down $0.18 during trading on Friday, reaching $51.72. The company's stock had a trading volume of 1,022,369 shares, compared to its average volume of 953,475. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 2.21. The business's fifty day moving average price is $53.24 and its 200-day moving average price is $59.86. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28. Hexcel Co. has a one year low of $45.28 and a one year high of $73.24.

Hexcel (NYSE:HXL - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The aerospace company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.06). The business had revenue of $456.50 million during the quarter, compared to the consensus estimate of $482.18 million. Hexcel had a return on equity of 10.66% and a net margin of 6.94%. During the same quarter in the previous year, the firm posted $0.44 earnings per share. As a group, equities research analysts predict that Hexcel Co. will post 2.14 earnings per share for the current year.

Hexcel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.17 dividend. The ex-dividend date was Friday, May 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.31%. Hexcel's payout ratio is presently 45.03%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Wells Fargo & Company reduced their price target on Hexcel from $55.00 to $53.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. TD Cowen raised Hexcel to a "hold" rating in a research report on Monday, February 24th. StockNews.com cut Hexcel from a "buy" rating to a "hold" rating in a research report on Sunday, April 27th. Barclays reduced their price target on Hexcel from $75.00 to $68.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 1st. Finally, Morgan Stanley reduced their price target on Hexcel from $61.00 to $50.00 and set an "underperform" rating for the company in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $61.20.

Hexcel Profile

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.