Trade Report: Today, 8,000 Shares of Hexcel Corp. (HXL) Stock are sold by Robert George Hennemuth

Today, 8,000 Shares of Hexcel Corp. (HXL) Stock are sold by Robert George Hennemuth

Hexcel Corp. (NYSE:HXL) EVP Robert George Hennemuth sold 8,000 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $50.00, for a total value of $400,000.00. Following the completion of the transaction, the executive vice president now owns 64,427 shares in the company, valued at approximately $3,221,350. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Robert George Hennemuth also recently made the following trade(s): On Friday, September 9th, Robert George Hennemuth sold 2,495 shares of Hexcel Corp. stock. The stock was sold at an average price of $45.00, for a total value of $112,275.00.

Shares of Hexcel Corp. (NYSE:HXL) opened at 51.29 on Friday. The stock has a 50 day moving average price of $45.52 and a 200 day moving average price of $44.05. The company has a market capitalization of $4.71 billion, a PE ratio of 19.97 and a beta of 0.94. Hexcel Corp. has a 52-week low of $37.54 and a 52-week high of $51.37.

Hexcel Corp. (NYSE:HXL) last released its earnings results on Wednesday, October 19th. The company reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.04. The firm had revenue of $500.50 million for the quarter, compared to analysts’ expectations of $494.26 million. Hexcel Corp. had a return on equity of 19.47% and a net margin of 12.30%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.55 EPS. On average, analysts predict that Hexcel Corp. will post $2.58 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 9th. Shareholders of record on Wednesday, November 2nd were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Monday, October 31st. Hexcel Corp.’s payout ratio is 17.12%.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded Hexcel Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, October 18th. Jefferies Group restated a “hold” rating and issued a $44.00 price objective on shares of Hexcel Corp. in a report on Wednesday, August 10th. Vertical Research initiated coverage on Hexcel Corp. in a report on Friday, October 28th. They issued a “buy” rating and a $51.00 price objective on the stock. Bank of America Corp. downgraded Hexcel Corp. from a “buy” rating to a “neutral” rating and set a $50.00 price target on the stock. in a report on Friday, July 29th. Finally, Aegis initiated coverage on Hexcel Corp. in a report on Monday. They set a “buy” rating and a $59.00 price target on the stock. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $50.55.

Large investors have recently added to or reduced their stakes in the stock. BB&T Securities LLC boosted its stake in Hexcel Corp. by 0.3% in the second quarter. BB&T Securities LLC now owns 9,962 shares of the company’s stock valued at $414,000 after buying an additional 32 shares during the last quarter. Integrated Investment Consultants LLC boosted its stake in Hexcel Corp. by 0.5% in the second quarter. Integrated Investment Consultants LLC now owns 8,256 shares of the company’s stock valued at $344,000 after buying an additional 37 shares during the last quarter. Calvert Investment Management Inc. boosted its stake in Hexcel Corp. by 0.5% in the second quarter. Calvert Investment Management Inc. now owns 7,529 shares of the company’s stock valued at $314,000 after buying an additional 37 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in Hexcel Corp. by 0.6% in the second quarter. Glenmede Trust Co. NA now owns 8,124 shares of the company’s stock valued at $337,000 after buying an additional 49 shares during the last quarter. Finally, Ranger Investment Management L.P. boosted its stake in Hexcel Corp. by 1.7% in the second quarter. Ranger Investment Management L.P. now owns 8,540 shares of the company’s stock valued at $356,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 98.21% of the company’s stock.

Hexcel Corp. Company Profile

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