Hexcel Co. (NYSE:HXL) Shares Bought by Snyder Capital Management L P

Snyder Capital Management L P grew its position in Hexcel Co. (NYSE:HXL - Free Report) by 15.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 248,559 shares of the aerospace company's stock after buying an additional 33,646 shares during the quarter. Snyder Capital Management L P owned 0.31% of Hexcel worth $15,585,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. UMB Bank n.a. lifted its stake in shares of Hexcel by 1.4% during the 4th quarter. UMB Bank n.a. now owns 14,766 shares of the aerospace company's stock worth $926,000 after purchasing an additional 202 shares during the last quarter. Huntington National Bank lifted its stake in shares of Hexcel by 21.4% during the 4th quarter. Huntington National Bank now owns 1,159 shares of the aerospace company's stock worth $73,000 after purchasing an additional 204 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Hexcel by 21.1% during the 4th quarter. GAMMA Investing LLC now owns 1,181 shares of the aerospace company's stock worth $74,000 after purchasing an additional 206 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of Hexcel by 4.5% during the 4th quarter. Insigneo Advisory Services LLC now owns 5,077 shares of the aerospace company's stock worth $318,000 after purchasing an additional 218 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Hexcel by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 35,779 shares of the aerospace company's stock worth $2,243,000 after purchasing an additional 220 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HXL has been the subject of a number of analyst reports. Royal Bank of Canada decreased their price objective on Hexcel from $70.00 to $62.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. TD Cowen upgraded Hexcel to a "hold" rating in a research note on Monday, February 24th. Barclays decreased their price target on Hexcel from $75.00 to $68.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 1st. UBS Group decreased their price target on Hexcel from $53.00 to $51.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Finally, Wells Fargo & Company decreased their price target 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $61.20.

Hexcel Stock Performance

Hexcel stock traded down $1.20 during midday trading on Wednesday, hitting $48.60. 290,029 shares of the company were exchanged, compared to its average volume of 959,249. The firm has a market capitalization of $3.91 billion, a PE ratio of 30.57, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08. Hexcel Co. has a fifty-two week low of $45.28 and a fifty-two week high of $73.58. The business has a fifty day simple moving average of $55.11 and a two-hundred day simple moving average of $60.56. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 2.21.

Hexcel (NYSE:HXL - Get Free Report) last posted its earnings results on Monday, April 21st. The aerospace company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.06). The company had revenue of $456.50 million for the quarter, compared to analyst estimates of $482.18 million. Hexcel had a return on equity of 10.66% and a net margin of 6.94%. During the same period last year, the business earned $0.44 earnings per share. On average, sell-side analysts forecast 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 will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Friday, May 2nd. Hexcel's dividend payout ratio (DPR) is presently 45.03%.

Hexcel Company 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.