Hexcel Co. (NYSE:HXL) Stock Holdings Lifted by Speece Thorson Capital Group Inc.

Speece Thorson Capital Group Inc. increased its holdings in shares of Hexcel Co. (NYSE:HXL - Free Report) by 15.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 244,873 shares of the aerospace company's stock after buying an additional 32,960 shares during the quarter. Hexcel comprises approximately 2.8% of Speece Thorson Capital Group Inc.'s portfolio, making the stock its 14th biggest holding. Speece Thorson Capital Group Inc. owned approximately 0.30% of Hexcel worth $15,140,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in Hexcel during the third quarter worth about $56,000. Eastern Bank purchased a new stake in Hexcel during the 3rd quarter worth approximately $62,000. GAMMA Investing LLC increased its holdings in Hexcel by 34.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,068 shares of the aerospace company's stock worth $67,000 after purchasing an additional 276 shares during the last quarter. Whittier Trust Co. increased its holdings in Hexcel by 38.9% during the 3rd quarter. Whittier Trust Co. now owns 1,490 shares of the aerospace company's stock worth $92,000 after purchasing an additional 417 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Hexcel in the 1st quarter worth approximately $119,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Hexcel Stock Up 0.1 %

Shares of HXL stock traded up $0.08 on Wednesday, reaching $61.32. 666,638 shares of the company's stock traded hands, compared to its average volume of 870,326. Hexcel Co. has a 12-month low of $57.50 and a 12-month high of $77.09. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.51 and a current ratio of 2.76. The company has a market capitalization of $4.97 billion, a P/E ratio of 46.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.30. The business's 50 day moving average price is $61.12 and its two-hundred day moving average price is $64.02.

Hexcel (NYSE:HXL - Get Free Report) last issued its quarterly earnings results on Monday, October 21st. The aerospace company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.01. Hexcel had a return on equity of 9.99% and a net margin of 5.73%. The business had revenue of $457.00 million for the quarter, compared to the consensus estimate of $457.07 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. Hexcel's revenue for the quarter was up 8.9% compared to the same quarter last year. On average, equities analysts forecast that Hexcel Co. will post 2.02 earnings per share for the current year.

Hexcel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, November 1st were issued a dividend of $0.15 per share. The ex-dividend date was Friday, November 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.98%. Hexcel's dividend payout ratio is 45.80%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Vertical Research lowered Hexcel from a "buy" rating to a "hold" rating and set a $65.00 target price for the company. in a research report on Thursday, October 10th. StockNews.com upgraded Hexcel from a "hold" rating to a "buy" rating in a research report on Wednesday, October 23rd. Morgan Stanley dropped their price objective on Hexcel from $63.00 to $61.00 and set an "underweight" rating on the stock in a research note on Monday, July 22nd. Royal Bank of Canada downgraded Hexcel from an "outperform" rating to a "sector perform" rating and dropped their price objective for the stock from $76.00 to $68.00 in a research note on Wednesday, August 14th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Hexcel from $64.00 to $63.00 and set a "hold" rating on the stock in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $71.54.

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.