Natixis Advisors LLC Has $15.76 Million Stock Holdings in Hexcel Co. (NYSE:HXL)

Natixis Advisors LLC lifted its holdings in Hexcel Co. (NYSE:HXL) by 28.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 251,363 shares of the aerospace company’s stock after buying an additional 55,134 shares during the period. Natixis Advisors LLC owned about 0.31% of Hexcel worth $15,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. True Wealth Design LLC acquired a new stake in shares of Hexcel in the third quarter worth $30,000. Allworth Financial LP raised its holdings in shares of Hexcel by 1,069.8% during the fourth quarter. Allworth Financial LP now owns 620 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 567 shares in the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Hexcel during the fourth quarter worth $49,000. Manchester Capital Management LLC raised its holdings in shares of Hexcel by 100.0% during the fourth quarter. Manchester Capital Management LLC now owns 840 shares of the aerospace company’s stock worth $53,000 after acquiring an additional 420 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Hexcel during the fourth quarter worth $57,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

HXL has been the subject of several recent research reports. Wells Fargo & Company increased their price objective on Hexcel from $81.00 to $87.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Royal Bank of Canada increased their price objective on Hexcel from $74.00 to $82.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. StockNews.com upgraded Hexcel from a “hold” rating to a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft cut their price objective on Hexcel from $63.00 to $60.00 and set a “hold” rating for the company in a report on Thursday, November 21st. Finally, TD Cowen upgraded Hexcel to a “hold” rating in a report on Monday, February 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $73.09.

Hexcel Trading Down 0.6 %

Shares of NYSE:HXL opened at $56.95 on Wednesday. The company has a market cap of $4.62 billion, a P/E ratio of 35.82, a P/E/G ratio of 1.72 and a beta of 1.30. The stock’s 50-day moving average is $63.56 and its 200-day moving average is $62.37. Hexcel Co. has a 52-week low of $55.25 and a 52-week high of $73.58. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 2.21.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 22nd. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. Hexcel had a return on equity of 10.66% and a net margin of 6.94%. Equities research analysts predict that Hexcel Co. will post 2.14 earnings per share for the current year.

Hexcel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were given a $0.17 dividend. This is an increase from Hexcel’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Friday, February 7th. Hexcel’s dividend payout ratio (DPR) is currently 42.77%.

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.