Hexcel Co. (NYSE:HXL) Holdings Lifted by Kopion Asset Management LLC

Kopion Asset Management LLC grew its position in Hexcel Co. (NYSE:HXL - Free Report) by 11.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,960 shares of the aerospace company's stock after acquiring an additional 9,861 shares during the quarter. Hexcel makes up approximately 4.3% of Kopion Asset Management LLC's holdings, making the stock its 13th largest position. Kopion Asset Management LLC owned 0.12% of Hexcel worth $6,142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HXL. Park Avenue Securities LLC lifted its holdings in Hexcel by 27.6% in the fourth quarter. Park Avenue Securities LLC now owns 13,375 shares of the aerospace company's stock worth $839,000 after acquiring an additional 2,890 shares during the last quarter. Oak Thistle LLC raised its position in shares of Hexcel by 303.5% during the 4th quarter. Oak Thistle LLC now owns 19,169 shares of the aerospace company's stock worth $1,202,000 after purchasing an additional 14,418 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Hexcel by 4.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,516 shares of the aerospace company's stock worth $1,639,000 after purchasing an additional 1,147 shares during the last quarter. Weybosset Research & Management LLC boosted its position in Hexcel by 0.4% during the 4th 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 period. Finally, Central Pacific Bank Trust Division grew its stake in Hexcel by 22.3% during the 4th quarter. Central Pacific Bank Trust Division now owns 3,070 shares of the aerospace company's stock worth $192,000 after buying an additional 560 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Hexcel Price Performance

NYSE HXL traded up $0.83 on Wednesday, reaching $67.39. 796,233 shares of the stock traded hands, compared to its average volume of 876,806. Hexcel Co. has a 12 month low of $57.50 and a 12 month high of $77.09. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 51.44, a P/E/G ratio of 1.97 and a beta of 1.30. The firm's fifty day simple moving average is $62.68 and its 200 day simple moving average is $62.49. The company has a quick ratio of 1.51, a current ratio of 2.76 and a debt-to-equity ratio of 0.51.

Hexcel (NYSE:HXL - Get Free Report) last posted its quarterly earnings results on Monday, October 21st. The aerospace company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $457.00 million for the quarter, compared to analysts' expectations of $457.07 million. Hexcel had a return on equity of 9.99% and a net margin of 5.73%. The firm's revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 earnings per share. As a group, research analysts predict that Hexcel Co. will post 2.02 EPS for the current fiscal year.

Hexcel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, November 1st were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Friday, November 1st. Hexcel's dividend payout ratio is presently 45.80%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HXL. StockNews.com raised Hexcel from a "hold" rating to a "buy" rating in a research report on Wednesday, October 23rd. UBS Group lifted their price objective on shares of Hexcel from $67.00 to $69.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. BMO Capital Markets reduced their target price on shares of Hexcel from $70.00 to $68.00 and set a "market perform" rating for the company in a research note on Monday, October 28th. Royal Bank of Canada upgraded shares of Hexcel from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $68.00 to $74.00 in a research note on Thursday, December 19th. Finally, TD Cowen upgraded Hexcel to a "hold" rating in a research report on Thursday, December 19th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $71.33.

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.