As Hexcel Corporation (HXL) Stock Value Rose, Shareholder Timucuan Asset Management INC Trimmed Its Stake by $3.79 Million

May 17, 2018 - By Alfred Lee

Hexcel Corporation (NYSE:HXL) LogoInvestors sentiment increased to 1.12 in Q4 2017. Its up 0.05, from 1.07 in 2017Q3. It improved, as 15 investors sold HXL shares while 114 reduced holdings. 55 funds opened positions while 90 raised stakes. 77.37 million shares or 4.25% less from 80.81 million shares in 2017Q3 were reported. Bancorporation Of America De owns 1.94M shares. 8,787 are held by Albion Finance Gru Inc Ut. Panagora Asset has 0% invested in Hexcel Corporation (NYSE:HXL) for 6,730 shares. National Bank & Trust Of Ny Mellon Corp holds 0.01% or 543,303 shares. Rmb Cap Management Limited Com holds 0.05% of its portfolio in Hexcel Corporation (NYSE:HXL) for 28,045 shares. First Manhattan Com has 0% invested in Hexcel Corporation (NYSE:HXL). Lenox Wealth Advsrs reported 51 shares. Moreover, State Of Alaska Department Of Revenue has 0.01% invested in Hexcel Corporation (NYSE:HXL) for 6,100 shares. Torray Ltd Llc has invested 0.1% in Hexcel Corporation (NYSE:HXL). Verition Fund Lc reported 8,783 shares. Thompson Davis & Company has invested 0.07% of its portfolio in Hexcel Corporation (NYSE:HXL). Baker Ellis Asset Mngmt Ltd holds 1.27% or 81,385 shares. State Of Tennessee Treasury Department reported 33,591 shares. Cornerstone Advsrs invested in 145 shares or 0.01% of the stock. 645,584 are held by Guardian Tru.

Since December 12, 2017, it had 0 insider buys, and 5 selling transactions for $5.47 million activity. Stanage Nick L sold $1.74M worth of Hexcel Corporation (NYSE:HXL) on Monday, January 8.

Timucuan Asset Management Inc decreased its stake in Hexcel Corporation (HXL) by 3.71% based on its latest 2017Q4 regulatory filing with the SEC. Timucuan Asset Management Inc sold 62,169 shares as the company’s stock rose 3.38% while stock markets declined. The hedge fund held 1.61M shares of the major chemicals company at the end of 2017Q4, valued at $99.67M, down from 1.67 million at the end of the previous reported quarter. Timucuan Asset Management Inc who had been investing in Hexcel Corporation for a number of months, seems to be less bullish one the $6.31B market cap company. The stock increased 0.94% or $0.66 during the last trading session, reaching $70.55. About 175,101 shares traded. Hexcel Corporation (NYSE:HXL) has risen 21.76% since May 17, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Timucuan Asset Management Inc, which manages about $1.01 billion and $1.26 billion US Long portfolio, upped its stake in Priceline Group Inc (NASDAQ:PCLN) by 13,923 shares to 78,829 shares, valued at $136.98 million in 2017Q4, according to the filing.

Analysts await Hexcel Corporation (NYSE:HXL) to report earnings on July, 23. They expect $0.75 EPS, up 11.94 % or $0.08 from last year’s $0.67 per share. HXL’s profit will be $67.10 million for 23.52 P/E if the $0.75 EPS becomes a reality. After $0.68 actual EPS reported by Hexcel Corporation for the previous quarter, Wall Street now forecasts 10.29 % EPS growth.

More recent Hexcel Corporation (NYSE:HXL) news were published by: Fool.com which released: “3 Ways The Boeing Company Is Making Money for Investors” on May 16, 2018. Also Seekingalpha.com published the news titled: “Hexcel up 4% on Q1 results, reaffirms guidance” on April 24, 2018. Globenewswire.com‘s news article titled: “Hexcel Reports 2018 First Quarter Results” with publication date: April 23, 2018 was also an interesting one.

Hexcel Corporation (NYSE:HXL) Ratings Coverage

Among 8 analysts covering Hexcel (NYSE:HXL), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Hexcel had 13 analyst reports since December 6, 2017 according to SRatingsIntel. The stock of Hexcel Corporation (NYSE:HXL) earned “Hold” rating by Credit Suisse on Wednesday, December 13. Stephens maintained Hexcel Corporation (NYSE:HXL) rating on Thursday, January 25. Stephens has “Buy” rating and $82.0 target. The firm has “Hold” rating given on Wednesday, January 24 by Jefferies. As per Tuesday, April 24, the company rating was upgraded by Loop Capital. KeyBanc Capital Markets maintained it with “Buy” rating and $7400 target in Tuesday, April 24 report. The rating was maintained by Jefferies on Tuesday, December 12 with “Hold”. As per Tuesday, April 24, the company rating was maintained by Jefferies. The company was maintained on Wednesday, April 25 by Credit Suisse. The firm has “Buy” rating by Cowen & Co given on Monday, January 22. BMO Capital Markets initiated Hexcel Corporation (NYSE:HXL) rating on Tuesday, March 27. BMO Capital Markets has “Hold” rating and $7400 target.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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