14,216 Shares in Hexcel Co. (NYSE:HXL) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Hexcel Co. (NYSE:HXL - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,216 shares of the aerospace company's stock, valued at approximately $891,000.

Several other hedge funds have also recently modified their holdings of HXL. Price T Rowe Associates Inc. MD raised its holdings in Hexcel by 4,372.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,502,676 shares of the aerospace company's stock valued at $156,919,000 after buying an additional 2,446,716 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Hexcel by 24.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,996,363 shares of the aerospace company's stock valued at $125,172,000 after buying an additional 395,744 shares during the period. Sei Investments Co. raised its holdings in shares of Hexcel by 9.0% in the fourth quarter. Sei Investments Co. now owns 1,482,249 shares of the aerospace company's stock worth $92,938,000 after buying an additional 122,281 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Hexcel by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,437,058 shares of the aerospace company's stock valued at $90,104,000 after acquiring an additional 24,393 shares during the period. Finally, Brandes Investment Partners LP boosted its position in Hexcel by 99.6% in the 4th quarter. Brandes Investment Partners LP now owns 1,304,669 shares of the aerospace company's stock valued at $81,803,000 after buying an additional 651,062 shares during the period. Hedge funds and other institutional investors own 95.47% of the company's stock.

Hexcel Trading Up 2.4 %

Shares of Hexcel stock traded up $1.19 on Thursday, reaching $51.73. The company had a trading volume of 135,099 shares, compared to its average volume of 952,445. 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 firm's 50 day moving average price is $53.56 and its two-hundred day moving average price is $60.07. Hexcel Co. has a 52-week low of $45.28 and a 52-week high of $73.58. The firm has a market cap of $4.16 billion, a PE ratio of 32.53, a PEG ratio of 1.72 and a beta of 1.28.

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

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.31%. The ex-dividend date is Friday, May 2nd. Hexcel's dividend payout ratio (DPR) is presently 45.03%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HXL. Royal Bank of Canada reduced their price objective on shares of Hexcel from $70.00 to $62.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. UBS Group lowered their price objective on Hexcel from $53.00 to $51.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. Morgan Stanley dropped their price target on Hexcel from $61.00 to $50.00 and set an "underperform" rating on the stock in a research note on Friday, April 11th. Wells Fargo & Company cut their price target on shares of Hexcel from $55.00 to $53.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Finally, BMO Capital Markets dropped their price objective on shares of Hexcel from $72.00 to $52.00 and set a "market perform" rating on the stock in a report on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $61.20.

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.