Hexcel Corp New (HXL) Shareholder Joho Capital LLC Cut Holding by $7.52 Million

Hexcel Corporation (NYSE:HXL) LogoInvestors sentiment decreased to 0.84 in Q4 2018. Its down 0.29, from 1.13 in 2018Q3. It worsened, as 40 investors sold HXL shares while 120 reduced holdings. 48 funds opened positions while 86 raised stakes. 74.03 million shares or 1.08% less from 74.84 million shares in 2018Q3 were reported. State Board Of Administration Of Florida Retirement Sys holds 0.02% of its portfolio in Hexcel Corporation (NYSE:HXL) for 96,722 shares. Dubuque Bancshares Trust Com has 468 shares. Crawford Invest Counsel has 0.09% invested in Hexcel Corporation (NYSE:HXL) for 48,830 shares. Cap Incorporated Ca accumulated 600 shares. Pinnacle Assocs Limited reported 0.77% in Hexcel Corporation (NYSE:HXL). Cambridge Trust has 175,993 shares for 0.69% of their portfolio. Citigroup holds 0% or 49,090 shares in its portfolio. Parkside Bank And Tru accumulated 115 shares. Mitchell Mgmt Co invested in 80,034 shares or 1.94% of the stock. Green Square Llc has invested 0.03% in Hexcel Corporation (NYSE:HXL). Graybill Bartz And Assocs holds 45,360 shares or 2.17% of its portfolio. Essex Inv Mngmt Communications Ltd Liability has 5,697 shares. 4,252 are owned by Symphony Asset Management Lc. Markel reported 134,000 shares or 0.15% of all its holdings. Roanoke Asset Corp holds 3.24% of its portfolio in Hexcel Corporation (NYSE:HXL) for 106,564 shares.

Joho Capital Llc decreased its stake in Hexcel Corp New (HXL) by 15.98% based on its latest 2018Q4 regulatory filing with the SEC. Joho Capital Llc sold 132,010 shares as the company’s stock rose 17.88% with the market. The hedge fund held 693,956 shares of the major chemicals company at the end of 2018Q4, valued at $39.79M, down from 825,966 at the end of the previous reported quarter. Joho Capital Llc who had been investing in Hexcel Corp New for a number of months, seems to be less bullish one the $5.96B market cap company. The stock decreased 0.99% or $0.7 during the last trading session, reaching $70.15. About 346,855 shares traded. Hexcel Corporation (NYSE:HXL) has risen 8.75% since May 17, 2018 and is uptrending. It has outperformed by 4.38% the S&P500.

Analysts await Hexcel Corporation (NYSE:HXL) to report earnings on July, 22. They expect $0.89 EPS, up 18.67 % or $0.14 from last year’s $0.75 per share. HXL’s profit will be $75.55M for 19.71 P/E if the $0.89 EPS becomes a reality. After $0.84 actual EPS reported by Hexcel Corporation for the previous quarter, Wall Street now forecasts 5.95 % EPS growth.

More notable recent Hexcel Corporation (NYSE:HXL) news were published by: Streetinsider.com which released: “Hexcel Corp. (HXL) Tops Q1 EPS by 6c, Revenues Beat; Offers FY19 EPS/Revenue Guidance – StreetInsider.com” on April 23, 2019, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been This Bullish On Turkcell Iletisim Hizmetleri A.S. (TKC) – Yahoo Finance” published on April 23, 2019, Finance.Yahoo.com published: “Hedge Funds Have Never Been More Bullish On Hexcel Corporation (HXL) – Yahoo Finance” on April 23, 2019. More interesting news about Hexcel Corporation (NYSE:HXL) were released by: Benzinga.com and their article: “Earnings Scheduled For April 23, 2019 – Benzinga” published on April 23, 2019 as well as Seekingalpha.com‘s news article titled: “Hexcel Corporation 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: April 24, 2019.

Hexcel Corporation (NYSE:HXL) Ratings Coverage

Among 4 analysts covering Hexcel (NYSE:HXL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Hexcel had 8 analyst reports since November 20, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Friday, April 26 by Bank of America. BMO Capital Markets maintained the stock with “Buy” rating in Friday, March 8 report. The firm has “Hold” rating given on Wednesday, March 13 by Loop Capital Markets. The rating was upgraded by BMO Capital Markets to “Outperform” on Tuesday, January 8.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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