Moody Aldrich Partners buys $1,291,012 stake in Hexcel Corporation (HXL)

Hexcel Corporation (HXL) : Moody Aldrich Partners scooped up 16,900 additional shares in Hexcel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 29,590 shares of Hexcel Corporation which is valued at $1,291,012.Hexcel Corporation makes up approximately 1.03% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Daiwa Securities Group reduced its stake in HXL by selling 500 shares or 11.63% in the most recent quarter. The Hedge Fund company now holds 3,800 shares of HXL which is valued at $165,794.Rehmann Capital Advisory Group reduced its stake in HXL by selling 176 shares or 3.49% in the most recent quarter. The Hedge Fund company now holds 4,868 shares of HXL which is valued at $212,391. Hexcel Corporation makes up approx 0.04% of Rehmann Capital Advisory Group’s portfolio.Checchi Capital Advisers boosted its stake in HXL in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 498 shares of Hexcel Corporation which is valued at $22,037. Hexcel Corporation makes up approx 0.01% of Checchi Capital Advisers’s portfolio.Nordea Investment Management Ab boosted its stake in HXL in the latest quarter, The investment management firm added 8,139 additional shares and now holds a total of 97,482 shares of Hexcel Corporation which is valued at $4,167,356. Hexcel Corporation makes up approx 0.01% of Nordea Investment Management Ab’s portfolio.

Hexcel Corporation closed down -0.11 points or -0.25% at $43.17 with 8,29,413 shares getting traded on Friday. Post opening the session at $42.48, the shares hit an intraday low of $42.01 and an intraday high of $43.21 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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.

Many Wall Street Analysts have commented on Hexcel Corporation. Hexcel Corporation was Downgraded by BofA/Merrill to ” Neutral” on Jul 29, 2016.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Hexcel Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Hexcel Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.