Hexcel Corporation (HXL) : Graybill Bartz Assoc Ltd reduced its stake in Hexcel Corporation by 2.64% during the most recent quarter end. The investment management company now holds a total of 52,350 shares of Hexcel Corporation which is valued at $2,237,963 after selling 1,420 shares in Hexcel Corporation , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Hexcel Corporation makes up approximately 1.98% of Graybill Bartz Assoc Ltd’s portfolio.
Other Hedge Funds, Including , First Quadrant L Pca boosted its stake in HXL in the latest quarter, The investment management firm added 128 additional shares and now holds a total of 134 shares of Hexcel Corporation which is valued at $5,729. Fox Run Management L.l.c. added HXL to its portfolio by purchasing 8,700 company shares during the most recent quarter which is valued at $371,925. Hexcel Corporation makes up approx 0.17% of Fox Run Management L.l.c.’s portfolio.First Manhattan Co boosted its stake in HXL in the latest quarter, The investment management firm added 3,425 additional shares and now holds a total of 5,925 shares of Hexcel Corporation which is valued at $245,947.Integrated Investment Consultants boosted its stake in HXL in the latest quarter, The investment management firm added 37 additional shares and now holds a total of 8,256 shares of Hexcel Corporation which is valued at $339,817. Hexcel Corporation makes up approx 0.18% of Integrated Investment Consultants’s portfolio.
Hexcel Corporation opened for trading at $42.16 and hit $42.86 on the upside on Wednesday, eventually ending the session at $42.75, with a gain of 1.54% or 0.65 points. The heightened volatility saw the trading volume jump to 6,76,972 shares. Company has a market cap of $3,972 M.
On the company’s financial health, Hexcel Corporation reported $0.70 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.64. The company had revenue of $522.60 million for the quarter, compared to analysts expectations of $503.98 million. The company’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS.
Hexcel Corporation (Hexcel) 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 composite structures for use in commercial aerospace space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers fabrics and specialty reinforcements prepregs and other fiber-reinforced matrix materials structural adhesives honeycomb molding compounds tooling materials polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.