Hexcel Co. (NYSE:HXL) CEO Nick L. Stanage sold 7,000 shares of the stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $62.01, for a total value of $434,070.00. Following the completion of the transaction, the chief executive officer now directly owns 161,463 shares in the company, valued at approximately $10,012,320.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Hexcel Co. (NYSE HXL) traded up $0.22 during trading hours on Thursday, hitting $61.20. The stock had a trading volume of 666,100 shares, compared to its average volume of 585,878. Hexcel Co. has a 52-week low of $49.20 and a 52-week high of $63.93. The company has a market capitalization of $5,477.56, a PE ratio of 23.27, a P/E/G ratio of 2.88 and a beta of 1.10. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.58.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.02. Hexcel had a return on equity of 18.40% and a net margin of 13.13%. The firm had revenue of $491.50 million for the quarter, compared to analysts’ expectations of $507.77 million. During the same period last year, the firm earned $0.65 earnings per share. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. research analysts expect that Hexcel Co. will post 2.67 EPS for the current fiscal year.

HXL has been the topic of a number of research analyst reports. KeyCorp reissued a “buy” rating and issued a $60.00 target price on shares of Hexcel in a research note on Friday, September 1st. Stephens initiated coverage on Hexcel in a research note on Wednesday, December 6th. They issued an “overweight” rating and a $74.00 target price on the stock. Jefferies Group reissued a “hold” rating and issued a $50.00 target price on shares of Hexcel in a research note on Friday, September 29th. Canaccord Genuity reissued a “hold” rating and issued a $54.00 target price on shares of Hexcel in a research note on Friday, September 29th. Finally, Zacks Investment Research raised Hexcel from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $62.20.

Several large investors have recently made changes to their positions in the company. Alps Advisors Inc. grew its stake in shares of Hexcel by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,930 shares of the aerospace company’s stock valued at $471,000 after buying an additional 23 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of Hexcel by 0.5% during the second quarter. Advisor Group Inc. now owns 5,201 shares of the aerospace company’s stock worth $275,000 after purchasing an additional 24 shares during the period. Teacher Retirement System of Texas boosted its holdings in shares of Hexcel by 1.3% during the second quarter. Teacher Retirement System of Texas now owns 7,326 shares of the aerospace company’s stock worth $387,000 after purchasing an additional 97 shares during the period. Albion Financial Group UT boosted its holdings in shares of Hexcel by 1.2% during the second quarter. Albion Financial Group UT now owns 8,697 shares of the aerospace company’s stock worth $459,000 after purchasing an additional 100 shares during the period. Finally, Comerica Bank boosted its holdings in shares of Hexcel by 1.4% during the second quarter. Comerica Bank now owns 9,056 shares of the aerospace company’s stock worth $494,000 after purchasing an additional 128 shares during the period. 96.67% of the stock is currently owned by hedge funds and other institutional investors.

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Hexcel Company Profile

Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets.

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