Hexcel Corporation (NYSE:HXL) is expected to pay $0.11 on Nov 9, 2016. The indicated annual dividend is $0.44. Shareholders owning the stock before Oct 31, 2016 will be eligible to receive the payout. Based on Hexcel Corporation’s current price of $45.05, the dividend is 0.24%. This dividend’s record date is Nov 2, 2016 and the announcement date is Oct 20, 2016. The stock increased 0.09% or $0.04 on October 28, hitting $45.05. Hexcel Corporation (NYSE:HXL) has risen 2.18% since March 29, 2016 and is uptrending. It has underperformed by 1.30% the S&P500.
Hexcel Corporation is a composites company. The company has a market cap of $4.14 billion. The Firm develops, makes and markets structural materials, including carbon fibers, 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. It has a 17.48 P/E ratio. It operates through two divisions, including Composite Materials and Engineered Products.
Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.29, from 0.76 in 2016Q1. The ratio is positive, as 13 funds sold all Hexcel Corporation shares owned while 103 reduced positions. 32 funds bought stakes while 90 increased positions. They now own 86.93 million shares or 0.13% less from 87.04 million shares in 2016Q1.
Cibc Ww Mkts holds 0% of its portfolio in Hexcel Corporation (NYSE:HXL) for 10,000 shares. Forbes J M And Co Limited Liability Partnership owns 135,793 shares or 1.56% of their US portfolio. Tudor Invest Et Al holds 0.01% or 16,491 shares in its portfolio. Crawford Investment Counsel Inc last reported 47,210 shares in the company. Deutsche Bank & Trust Ag holds 389,877 shares or 0.01% of its portfolio. Td Asset Management last reported 0.06% of its portfolio in the stock. Metropolitan Life Co Ny holds 0% of its portfolio in Hexcel Corporation (NYSE:HXL) for 6,970 shares. Glenmede Company Na owns 8,124 shares or 0% of their US portfolio. Aperio Grp Ltd Com holds 0.01% of its portfolio in Hexcel Corporation (NYSE:HXL) for 34,212 shares. Sfe Counsel last reported 0.15% of its portfolio in the stock. Kbc Gru Nv, a Belgium-based fund reported 2,051 shares. Fifth Third Comml Bank has invested 0% of its portfolio in Hexcel Corporation (NYSE:HXL). The New York-based Midas Corporation has invested 0.55% in Hexcel Corporation (NYSE:HXL). Federated Pa holds 0% or 349 shares in its portfolio. First Tru Advsrs Limited Partnership accumulated 0.01% or 86,928 shares.
Insider Transactions: Since May 10, 2016, the stock had 0 buys, and 4 selling transactions for $596,959 net activity. Hennemuth Robert George also sold $112,275 worth of Hexcel Corporation (NYSE:HXL) on Friday, September 9. Hill David Charles had sold 1,000 shares worth $44,796 on Tuesday, May 10. Another trade for 8,600 shares valued at $387,058 was made by Merlot Thierry on Thursday, August 18.
Hexcel Corporation (NYSE:HXL) Ratings Coverage
Out of 8 analysts covering Hexcel (NYSE:HXL), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. $60 is the highest target while $44 is the lowest. The $50 average target is 10.99% above today’s ($45.05) stock price. Hexcel has been the topic of 13 analyst reports since August 4, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of HXL in a report on Friday, September 25 with “Outperform” rating. Credit Suisse initiated the stock with “Neutral” rating in Friday, January 22 report. The firm earned “Outperform” rating on Monday, January 25 by RBC Capital Markets. The stock has “Buy” rating given by BB&T Capital on Thursday, December 10. On Friday, July 29 the stock rating was downgraded by Bank of America to “Neutral”. The rating was downgraded by Goldman Sachs on Monday, January 4 to “Neutral”. As per Tuesday, August 4, the company rating was maintained by Deutsche Bank. Deutsche Bank maintained Hexcel Corporation (NYSE:HXL) on Wednesday, October 21 with “Buy” rating. As per Wednesday, October 21, the company rating was maintained by RBC Capital Markets. On Monday, January 25 the stock rating was maintained by Canaccord Genuity with “Hold”.
More important recent Hexcel Corporation (NYSE:HXL) news were published by: Nasdaq.com which released: “Hexcel Corporation (HXL) Ex-Dividend Date Scheduled for October 31, 2016” on October 28, 2016, also Fool.com published article titled: “Shares of Hexcel Corporation Take Off After Strong Fourth-Quarter Results”, Nasdaq.com published: “Hexcel Corporation : Hexcel Announces Contract Amendments and Extensions With …” on October 13, 2016. More interesting news about Hexcel Corporation (NYSE:HXL) was released by: Globenewswire.com and their article: “Oxford Performance Materials Announces Strategic Investment from Hexcel …” with publication date: May 31, 2016.
HXL Company Profile
Hexcel Corporation, incorporated on March 2, 1983, is a composites company. The Firm develops, makes and markets structural materials, including carbon fibers, 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 Firm operates through two divisions, including Composite Materials and Engineered Products. The Company’s products are used in a range of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive, recreational products and other industrial applications. It uses independent distributors and maker representatives to sell and market its products. It operates in the Americas, Europe, Asia Pacific and Russia.
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