Hexcel Corporation (NYSE:HXL) insider Timothy Swords sold 13,493 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $60.27, for a total value of $813,223.11. Following the sale, the insider now owns 20,202 shares in the company, valued at $1,217,574.54. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Hexcel Corporation (NYSE HXL) traded up $0.79 during midday trading on Wednesday, hitting $60.57. The stock had a trading volume of 482,464 shares, compared to its average volume of 581,026. Hexcel Corporation has a 1-year low of $49.20 and a 1-year high of $63.93. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.58. The company has a market cap of $5,450.61, a P/E ratio of 23.16, a price-to-earnings-growth ratio of 2.87 and a beta of 1.10.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share 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 business had revenue of $491.50 million during the quarter, compared to the consensus estimate of $507.77 million. During the same period in the previous year, the business earned $0.65 EPS. The business’s quarterly revenue was down 1.8% on a year-over-year basis. research analysts forecast that Hexcel Corporation will post 2.67 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 8th. Stockholders of record on Wednesday, November 1st were issued a $0.125 dividend. The ex-dividend date was Tuesday, October 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.83%. Hexcel’s dividend payout ratio (DPR) is 18.05%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Alps Advisors Inc. boosted its position in Hexcel by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 8,930 shares of the aerospace company’s stock valued at $471,000 after purchasing an additional 23 shares during the period. Advisor Group Inc. boosted its position in Hexcel by 0.5% during the 2nd quarter. Advisor Group Inc. now owns 5,201 shares of the aerospace company’s stock valued at $275,000 after purchasing an additional 24 shares during the period. Teacher Retirement System of Texas boosted its position in Hexcel by 1.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 7,326 shares of the aerospace company’s stock valued at $387,000 after purchasing an additional 97 shares during the period. Albion Financial Group UT boosted its position in Hexcel by 1.2% during the 2nd quarter. Albion Financial Group UT now owns 8,697 shares of the aerospace company’s stock worth $459,000 after acquiring an additional 100 shares during the period. Finally, Comerica Bank boosted its position in Hexcel by 1.4% during the 2nd quarter. Comerica Bank now owns 9,056 shares of the aerospace company’s stock worth $494,000 after acquiring an additional 128 shares during the period. Institutional investors and hedge funds own 96.67% of the company’s stock.

Several equities research analysts recently commented on the company. Stephens assumed coverage on Hexcel in a report on Wednesday. They set an “overweight” rating and a $74.00 target price on the stock. Loop Capital assumed coverage on Hexcel in a report on Thursday, September 28th. They set a “hold” rating and a $61.00 target price on the stock. Cowen reiterated a “buy” rating and set a $57.00 target price on shares of Hexcel in a report on Wednesday, August 9th. Canaccord Genuity reiterated a “hold” rating and set a $54.00 target price on shares of Hexcel in a report on Friday, September 29th. Finally, Zacks Investment Research upgraded Hexcel from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $61.67.

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About Hexcel

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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