Hexcel Co. (NYSE:HXL) shares fell 5% during mid-day trading on Monday . The company traded as low as $63.34 and last traded at $63.99. 811,974 shares were traded during trading, an increase of 20% from the average session volume of 675,445 shares. The stock had previously closed at $67.38.

A number of brokerages have issued reports on HXL. Canaccord Genuity boosted their price target on Hexcel from $64.00 to $70.00 and gave the stock a “hold” rating in a research report on Friday, January 26th. Credit Suisse Group reissued a “neutral” rating and issued a $67.00 price objective (up previously from $60.00) on shares of Hexcel in a research note on Wednesday, December 13th. Zacks Investment Research raised Hexcel from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Loop Capital boosted their price objective on Hexcel from $61.00 to $64.00 and gave the stock a “hold” rating in a research note on Tuesday, October 24th. Finally, KeyCorp reissued a “buy” rating and issued a $65.00 price objective on shares of Hexcel in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $64.78.

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 firm has a market capitalization of $5,750.00, a P/E ratio of 20.71, a P/E/G ratio of 2.62 and a beta of 1.19.

Hexcel (NYSE:HXL) last posted its quarterly earnings data on Wednesday, January 24th. The aerospace company reported $0.70 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.70. Hexcel had a return on equity of 18.38% and a net margin of 14.39%. The company had revenue of $511.70 million for the quarter, compared to the consensus estimate of $506.70 million. During the same quarter in the previous year, the business earned $0.64 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. analysts forecast that Hexcel Co. will post 3.04 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Tuesday, February 6th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, February 5th. Hexcel’s dividend payout ratio (DPR) is presently 16.18%.

In other news, CEO Nick L. Stanage sold 18,000 shares of the business’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $62.00, for a total transaction of $1,116,000.00. Following the sale, the chief executive officer now directly owns 172,463 shares of the company’s stock, valued at $10,692,706. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Timothy Swords sold 13,493 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $60.27, for a total value of $813,223.11. Following the sale, the insider now directly owns 20,202 shares in the company, valued at $1,217,574.54. The disclosure for this sale can be found here. Insiders have sold 90,667 shares of company stock worth $5,678,201 over the last ninety days. 2.10% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in HXL. SG Americas Securities LLC acquired a new stake in shares of Hexcel during the fourth quarter worth $136,000. Fieldpoint Private Securities LLC purchased a new position in shares of Hexcel during the third quarter valued at $142,000. The Manufacturers Life Insurance Company grew its holdings in shares of Hexcel by 6.9% during the second quarter. The Manufacturers Life Insurance Company now owns 3,098 shares of the aerospace company’s stock valued at $163,000 after buying an additional 200 shares in the last quarter. Nomura Holdings Inc. purchased a new position in shares of Hexcel during the second quarter valued at $202,000. Finally, AHL Partners LLP purchased a new position in shares of Hexcel during the second quarter valued at $207,000. 97.67% of the stock is currently owned by 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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