Transatlantique Personal Wealth LLC elevated its place in shares of Hexcel Co. (NYSE:HXL – Free Report) by 5.9% in the course of the second quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Trade Fee (SEC). The agency owned 11,545 shares of the aerospace firm’s inventory after buying a further 645 shares in the course of the quarter. Transatlantique Personal Wealth LLC’s holdings in Hexcel have been value $720,000 as of its most up-to-date SEC submitting.
Different hedge funds have additionally made modifications to their positions within the firm. Worth T Rowe Associates Inc. MD raised its stake in Hexcel by 151.5% in the course of the 1st quarter. Worth T Rowe Associates Inc. MD now owns 344,342 shares of the aerospace firm’s inventory valued at $25,086,000 after buying a further 207,434 shares in the course of the interval. Trexquant Funding LP acquired a brand new place in Hexcel in the course of the fourth quarter valued at $2,185,000. Evoke Wealth LLC bought a brand new stake in Hexcel within the 4th quarter value about $2,036,000. Silvercrest Asset Administration Group LLC boosted its place in Hexcel by 32.2% in the course of the 1st quarter. Silvercrest Asset Administration Group LLC now owns 80,953 shares of the aerospace firm’s inventory value $5,897,000 after buying a further 19,736 shares in the course of the interval. Lastly, Seven Eight Capital LP bought a brand new place in Hexcel in the course of the 1st quarter valued at about $1,109,000. Hedge funds and different institutional buyers personal 95.47% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
HXL has been the topic of a lot of analysis analyst experiences. UBS Group diminished their worth goal on shares of Hexcel from $73.00 to $71.00 and set a “impartial” ranking for the corporate in a analysis report on Monday, July 1st. BMO Capital Markets decreased their goal worth on shares of Hexcel from $73.00 to $71.00 and set a “market carry out” ranking for the corporate in a analysis observe on Friday, July nineteenth. Morgan Stanley lowered their worth goal on shares of Hexcel from $63.00 to $61.00 and set an “underweight” ranking on the inventory in a report on Monday, July twenty second. Deutsche Financial institution Aktiengesellschaft reduce their worth goal on Hexcel from $70.00 to $68.00 and set a “maintain” ranking for the corporate in a report on Friday, June twenty eighth. Lastly, Royal Financial institution of Canada downgraded Hexcel from an “outperform” ranking to a “sector carry out” ranking and lowered their goal worth for the corporate from $76.00 to $68.00 in a analysis observe on Wednesday, August 14th. Two analysts have rated the inventory with a promote ranking, eight have issued a maintain ranking and 4 have assigned a purchase ranking to the corporate’s inventory. Based on information from MarketBeat, the inventory at present has a mean ranking of “Maintain” and a consensus worth goal of $74.54.
View Our Newest Evaluation on Hexcel
Hexcel Inventory Down 0.3 %
Shares of Hexcel inventory opened at $61.05 on Friday. Hexcel Co. has a 12-month low of $58.54 and a 12-month excessive of $77.09. The inventory has a market capitalization of $5.07 billion, a P/E ratio of 52.18, a PEG ratio of 1.33 and a beta of 1.29. The corporate has a fast ratio of 1.55, a present ratio of two.75 and a debt-to-equity ratio of 0.51. The inventory has a 50 day shifting common worth of $62.70 and a two-hundred day shifting common worth of $66.18.
Hexcel (NYSE:HXL – Get Free Report) final posted its earnings outcomes on Thursday, July 18th. The aerospace firm reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The enterprise had income of $500.40 million for the quarter, in comparison with analyst estimates of $484.26 million. Hexcel had a web margin of 5.78% and a return on fairness of 9.55%. Hexcel’s income was up 10.1% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the enterprise posted $0.50 EPS. Equities analysts count on that Hexcel Co. will publish 2.08 earnings per share for the present 12 months.
Hexcel Broadcasts Dividend
The agency additionally just lately disclosed a quarterly dividend, which was paid on Friday, August ninth. Traders of document on Friday, August 2nd got a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 2nd. This represents a $0.60 annualized dividend and a dividend yield of 0.98%. Hexcel’s dividend payout ratio is presently 51.28%.
Hexcel Firm Profile
Hexcel Company develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb constructions, resins, and composite supplies and components to be used in business aerospace, house and protection, and industrial purposes. It operates via two segments, Composite Supplies and Engineered Merchandise.
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