Natixis Advisors L.P. Has $4.06 Million Holdings in Hexcel Co. (NYSE:HXL)

Natixis Advisors L.P. lessened its position in shares of Hexcel Co. (NYSE:HXL) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,245 shares of the aerospace company’s stock after selling 1,636 shares during the quarter. Natixis Advisors L.P. owned approximately 0.06% of Hexcel worth $4,064,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in HXL. Geode Capital Management LLC grew its holdings in shares of Hexcel by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 825,656 shares of the aerospace company’s stock worth $47,343,000 after purchasing an additional 38,230 shares in the last quarter. SG Americas Securities LLC bought a new stake in Hexcel in the first quarter valued at approximately $106,000. Comerica Bank grew its position in shares of Hexcel by 4.7% in the first quarter. Comerica Bank now owns 5,892 shares of the aerospace company’s stock valued at $401,000 after purchasing an additional 266 shares during the last quarter. Boston Partners grew its position in shares of Hexcel by 1.3% in the first quarter. Boston Partners now owns 26,994 shares of the aerospace company’s stock valued at $1,867,000 after purchasing an additional 350 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System grew its position in shares of Hexcel by 0.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 96,982 shares of the aerospace company’s stock valued at $6,707,000 after purchasing an additional 260 shares during the last quarter. 95.03% of the stock is currently owned by institutional investors.

In other news, insider Brett Raymond Schneider sold 4,417 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $81.61, for a total value of $360,471.37. Following the completion of the transaction, the insider now directly owns 10,201 shares in the company, valued at approximately $832,503.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Nick L. Stanage sold 15,662 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $85.75, for a total value of $1,343,016.50. Following the completion of the transaction, the chief executive officer now owns 256,853 shares of the company’s stock, valued at $22,025,144.75. The disclosure for this sale can be found here. Insiders sold a total of 57,623 shares of company stock valued at $4,840,665 over the last quarter. 1.40% of the stock is owned by corporate insiders.

Several equities analysts have recently commented on HXL shares. Credit Suisse Group upped their target price on Hexcel from $72.00 to $79.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Barclays reaffirmed a “hold” rating and issued a $77.00 target price on shares of Hexcel in a research report on Sunday, May 26th. Zacks Investment Research downgraded Hexcel from a “buy” rating to a “hold” rating and set a $86.00 target price on the stock. in a research report on Tuesday, July 2nd. Bank of America reaffirmed a “buy” rating and issued a $90.00 target price (down previously from $95.00) on shares of Hexcel in a research report on Wednesday, July 24th. Finally, BMO Capital Markets upped their target price on Hexcel from $84.00 to $88.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $81.05.

Shares of HXL stock traded up $0.71 during trading hours on Friday, reaching $82.02. The company’s stock had a trading volume of 6,070 shares, compared to its average volume of 443,885. The firm’s 50 day simple moving average is $81.91 and its 200-day simple moving average is $75.47. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 2.27 and a beta of 1.04. Hexcel Co. has a fifty-two week low of $53.50 and a fifty-two week high of $87.00. The company has a quick ratio of 1.28, a current ratio of 2.22 and a debt-to-equity ratio of 0.77.

Hexcel (NYSE:HXL) last issued its earnings results on Monday, July 22nd. The aerospace company reported $0.94 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.06. The firm had revenue of $609.00 million for the quarter, compared to the consensus estimate of $606.03 million. Hexcel had a return on equity of 21.45% and a net margin of 12.90%. The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. Sell-side analysts predict that Hexcel Co. will post 3.52 earnings per share for the current year.

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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