UMB Bank n.a. Purchases 202 Shares of Hexcel Co. (NYSE:HXL)

UMB Bank n.a. increased its position in shares of Hexcel Co. (NYSE:HXL) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,766 shares of the aerospace company’s stock after purchasing an additional 202 shares during the period. UMB Bank n.a.’s holdings in Hexcel were worth $926,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HXL. Speece Thorson Capital Group Inc. raised its holdings in Hexcel by 15.6% during the third quarter. Speece Thorson Capital Group Inc. now owns 244,873 shares of the aerospace company’s stock valued at $15,140,000 after acquiring an additional 32,960 shares during the period. Barclays PLC raised its stake in Hexcel by 32.1% during the 3rd quarter. Barclays PLC now owns 70,023 shares of the aerospace company’s stock valued at $4,330,000 after purchasing an additional 17,011 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in Hexcel by 12.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 581,557 shares of the aerospace company’s stock worth $35,957,000 after purchasing an additional 63,730 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Hexcel by 215.5% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 865,235 shares of the aerospace company’s stock worth $54,034,000 after purchasing an additional 590,975 shares during the period. Finally, FMR LLC grew its holdings in Hexcel by 11.7% during the 3rd quarter. FMR LLC now owns 77,493 shares of the aerospace company’s stock valued at $4,791,000 after buying an additional 8,135 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HXL. Vertical Research lowered shares of 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. Wells Fargo & Company raised their price objective on Hexcel from $78.00 to $81.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Royal Bank of Canada upgraded Hexcel from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $68.00 to $74.00 in a research report on Thursday, December 19th. StockNews.com upgraded Hexcel from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Finally, BMO Capital Markets decreased their price objective on Hexcel from $70.00 to $68.00 and set a “market perform” rating on the stock in a report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $71.33.

Hexcel Stock Performance

Shares of NYSE:HXL opened at $68.47 on Wednesday. The company has a current ratio of 2.76, a quick ratio of 1.51 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 52.27, a PEG ratio of 1.88 and a beta of 1.30. Hexcel Co. has a 12 month low of $57.50 and a 12 month high of $77.09. The firm’s 50-day moving average is $63.22 and its 200 day moving average is $62.59.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Monday, October 21st. The aerospace company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of $457.00 million during the quarter, compared to analyst estimates of $457.07 million. Hexcel had a return on equity of 9.99% and a net margin of 5.73%. Hexcel’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. Research analysts predict that Hexcel Co. will post 2.02 EPS for the current year.

About Hexcel

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.