Universal Beteiligungs und Servicegesellschaft mbH Makes New $2.84 Million Investment in Hexcel Corporation (NYSE:HXL)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Hexcel Corporation (NYSE:HXL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 51,900 shares of the aerospace company’s stock, valued at approximately $2,842,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Hexcel at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Earnest Partners LLC boosted its position in shares of Hexcel by 0.8% during the fourth quarter. Earnest Partners LLC now owns 4,816,442 shares of the aerospace company’s stock worth $301,991,000 after buying an additional 37,442 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Hexcel by 4,372.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,502,676 shares of the aerospace company’s stock worth $156,919,000 after buying an additional 2,446,716 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Hexcel by 0.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,013,875 shares of the aerospace company’s stock worth $110,280,000 after buying an additional 17,512 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Hexcel by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,437,058 shares of the aerospace company’s stock worth $90,104,000 after buying an additional 24,393 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its position in shares of Hexcel by 6.9% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,330,380 shares of the aerospace company’s stock worth $83,415,000 after buying an additional 86,435 shares during the period. 95.47% of the stock is currently owned by institutional investors.

Hexcel Stock Performance

Shares of Hexcel stock opened at $61.39 on Wednesday. Hexcel Corporation has a one year low of $45.28 and a one year high of $71.05. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 56.84, a PEG ratio of 2.09 and a beta of 1.28. The business has a 50-day simple moving average of $56.69 and a 200 day simple moving average of $57.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.69 and a quick ratio of 1.50.

Hexcel (NYSE:HXL) last issued its quarterly earnings data on Thursday, July 24th. The aerospace company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The firm had revenue of $489.90 million during the quarter, compared to analyst estimates of $482.20 million. Hexcel had a return on equity of 9.76% and a net margin of 4.69%. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. On average, research analysts anticipate that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 8th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Friday, August 8th. Hexcel’s dividend payout ratio is currently 62.96%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HXL shares. Wall Street Zen cut Hexcel from a “buy” rating to a “hold” rating in a research report on Sunday, April 27th. BMO Capital Markets raised their price objective on Hexcel from $52.00 to $67.00 and gave the stock a “market perform” rating in a research note on Tuesday. Royal Bank Of Canada restated an “outperform” rating and set a $70.00 price objective (up previously from $65.00) on shares of Hexcel in a research note on Monday. UBS Group raised their price objective on Hexcel from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Monday. Finally, Morgan Stanley lifted their target price on Hexcel from $50.00 to $55.00 and gave the stock an “underweight” rating in a report on Thursday, July 17th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Hexcel presently has an average rating of “Hold” and a consensus price target of $63.33.

Hexcel 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.