As Hexcel Corp (HXL) Stock Value Rose, Earnest Partners LLC Has Increased Its Holding by $3.50 Million

August 9, 2018 - By Lisa Delgado

Hexcel Corporation (NYSE:HXL) LogoInvestors sentiment decreased to 0.93 in Q1 2018. Its down 0.19, from 1.12 in 2017Q4. It is negative, as 29 investors sold HXL shares while 119 reduced holdings. 49 funds opened positions while 89 raised stakes. 76.91 million shares or 0.60% less from 77.37 million shares in 2017Q4 were reported. First Mercantile Tru invested in 2,952 shares or 0.04% of the stock. Essex Inv Mgmt Comm Ltd Liability stated it has 7,621 shares or 0.06% of all its holdings. Franklin Resource owns 0.02% invested in Hexcel Corporation (NYSE:HXL) for 714,374 shares. Nelson Van Denburg & Campbell Wealth Limited Company, a Nebraska-based fund reported 1,578 shares. Colorado-based Shine Inv Advisory Serv Incorporated has invested 0% in Hexcel Corporation (NYSE:HXL). 70,927 were accumulated by Morgan Stanley. 1,268 were reported by One Trading L P. State Of Wisconsin Board reported 17,944 shares. Aqr Capital Mngmt Lc holds 36,657 shares or 0% of its portfolio. First Advsr Lp reported 209,764 shares. Hahn Cap Ltd Liability reported 620,466 shares or 0% of all its holdings. Atlantic Grp Limited holds 212,166 shares. Arrowstreet Partnership reported 0.01% stake. Clear Harbor Asset Ltd Limited Liability Company owns 31,575 shares or 0.4% of their US portfolio. Brown Advisory has invested 0.24% in Hexcel Corporation (NYSE:HXL).

Since May 1, 2018, it had 1 insider purchase, and 3 selling transactions for $1.87 million activity. Winterlich Patrick had sold 1,500 shares worth $106,146 on Tuesday, May 29. $101,683 worth of Hexcel Corporation (NYSE:HXL) was bought by GRAVES JEFFREY A on Wednesday, May 16. Hennemuth Robert George had sold 17,885 shares worth $1.26M.

Earnest Partners Llc increased its stake in Hexcel Corp (HXL) by 1.98% based on its latest 2018Q1 regulatory filing with the SEC. Earnest Partners Llc bought 54,698 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 2.81M shares of the major chemicals company at the end of 2018Q1, valued at $181.53M, up from 2.76 million at the end of the previous reported quarter. Earnest Partners Llc who had been investing in Hexcel Corp for a number of months, seems to be bullish on the $6.10 billion market cap company. The stock decreased 0.39% or $0.27 during the last trading session, reaching $69.65. About 359,647 shares traded. Hexcel Corporation (NYSE:HXL) has risen 39.29% since August 9, 2017 and is uptrending. It has outperformed by 26.72% the S&P500.

Earnest Partners Llc, which manages about $24.92B and $10.57B US Long portfolio, decreased its stake in Intuit Inc (NASDAQ:INTU) by 32,010 shares to 507,501 shares, valued at $87.98M in 2018Q1, according to the filing. It also reduced its holding in Allegheny Tech (NYSE:ATI) by 627,453 shares in the quarter, leaving it with 1.53 million shares, and cut its stake in Raymond James (NYSE:RJF).

More important recent Hexcel Corporation (NYSE:HXL) news were published by: Benzinga.com which released: “Earnings Preview For Hexcel” on July 23, 2018, also Seekingalpha.com published article titled: “Hexcel Corporation (HXL) CEO Nick Stanage on Q2 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Hexcel Reports 2018 Second Quarter Results” on July 23, 2018. More interesting news about Hexcel Corporation (NYSE:HXL) was released by: Benzinga.com and their article: “Earnings Scheduled For July 23, 2018” with publication date: July 23, 2018.

Hexcel Corporation (NYSE:HXL) Ratings Coverage

Among 7 analysts covering Hexcel (NYSE:HXL), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Hexcel has $7400 highest and $6900 lowest target. $70’s average target is 0.50% above currents $69.65 stock price. Hexcel had 7 analyst reports since March 27, 2018 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, April 24. The stock has “Buy” rating by Loop Capital on Tuesday, April 24. The stock has “Neutral” rating by Credit Suisse on Wednesday, April 25. Canaccord Genuity upgraded the stock to “Buy” rating in Thursday, July 5 report. The stock has “Hold” rating by BMO Capital Markets on Tuesday, March 27. The firm has “Buy” rating given on Tuesday, April 24 by KeyBanc Capital Markets.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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