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Timucuan Asset Management Has Decreased Its Hexcel (HXL) Stake by $3.79 Million; As Gilead Sciences (GILD) Market Valuation Rose, Peak Asset Management Raised Its Holding

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Peak Asset Management Llc increased its stake in Gilead Sciences Inc (GILD) by 73691% based on its latest 2017Q4 regulatory filing with the SEC. Peak Asset Management Llc bought 73,691 shares as the company’s stock rose 1.93% while stock markets declined. The hedge fund held 73,791 shares of the health care company at the end of 2017Q4, valued at $5.29M, up from 100 at the end of the previous reported quarter. Peak Asset Management Llc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $96.09 billion market cap company. The stock decreased 0.99% or $0.74 during the last trading session, reaching $73.7. About 4.23 million shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has risen 9.79% since April 23, 2017 and is uptrending. It has underperformed by 1.76% the S&P500.

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 $99.67 million, 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 $5.85 billion market cap company. The stock decreased 0.84% or $0.55 during the last trading session, reaching $65.3. About 312,307 shares traded. Hexcel Corporation (NYSE:HXL) has risen 21.76% since April 23, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Among 17 analysts covering Hexcel (NYSE:HXL), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Hexcel had 44 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Neutral” on Friday, July 29. Vertical Research downgraded the stock to “Hold” rating in Wednesday, July 26 report. The rating was upgraded by Bank of America on Monday, February 6 to “Buy”. KeyBanc Capital Markets maintained it with “Buy” rating and $72.0 target in Friday, January 26 report. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, October 12. The stock of Hexcel Corporation (NYSE:HXL) has “Buy” rating given on Tuesday, September 12 by Cowen & Co. Jefferies maintained the shares of HXL in report on Tuesday, December 12 with “Hold” rating. The firm has “Buy” rating by BB&T Capital given on Thursday, December 10. The company was maintained on Friday, August 18 by Cowen & Co. Canaccord Genuity maintained the shares of HXL in report on Monday, January 25 with “Hold” rating.

Timucuan Asset Management Inc, which manages about $1.01 billion and $1.26B US Long portfolio, upped its stake in Tempur Sealy Intl Inc Com (NYSE:TPX) by 43,450 shares to 1.68 million shares, valued at $105.03 million in 2017Q4, according to the filing. It also increased its holding in Dolby Laboratories Inc Com (NYSE:DLB) by 8,110 shares in the quarter, for a total of 1.22M shares, and has risen its stake in Priceline Group Inc (NASDAQ:PCLN).

Investors sentiment increased to 1.12 in Q4 2017. Its up 0.05, from 1.07 in 2017Q3. It increased, 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. Northern, a Illinois-based fund reported 456,046 shares. Moreover, Whittier Trust Co has 0% invested in Hexcel Corporation (NYSE:HXL) for 350 shares. Riverhead Mngmt Limited Liability Company has invested 0% in Hexcel Corporation (NYSE:HXL). Sg Americas Limited Liability Company, a New York-based fund reported 2,193 shares. Jane Street Limited Company invested 0.01% in Hexcel Corporation (NYSE:HXL). Credit Suisse Ag holds 0.01% or 96,998 shares in its portfolio. Bnp Paribas Asset Mngmt Hldgs Sa owns 0.15% invested in Hexcel Corporation (NYSE:HXL) for 277,441 shares. Stifel Fin owns 510,638 shares for 0.1% of their portfolio. State Street has invested 0.01% in Hexcel Corporation (NYSE:HXL). Earnest Prtnrs Lc reported 1.63% in Hexcel Corporation (NYSE:HXL). Loomis Sayles Lp holds 557,046 shares or 0.07% of its portfolio. 28,600 are held by Virginia Retirement Systems Et Al. Pinnacle Associates Ltd stated it has 0.82% of its portfolio in Hexcel Corporation (NYSE:HXL). 273,039 were reported by Jpmorgan Chase And Communication. First Republic Management accumulated 6,274 shares.

Since December 12, 2017, it had 0 insider purchases, and 4 sales for $4.86 million activity.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 21 have Buy rating, 0 Sell and 9 Hold. Therefore 70% are positive. Gilead Sciences had 126 analyst reports since July 29, 2015 according to SRatingsIntel. Maxim Group maintained the shares of GILD in report on Tuesday, May 30 with “Hold” rating. Oppenheimer initiated the shares of GILD in report on Wednesday, October 4 with “Hold” rating. The stock has “Neutral” rating by Bank of America on Friday, January 15. The firm has “Hold” rating by Argus Research given on Monday, November 13. The firm has “Hold” rating given on Thursday, February 22 by Leerink Swann. The company was maintained on Wednesday, September 14 by Credit Suisse. The rating was upgraded by Piper Jaffray on Thursday, November 5 to “Overweight”. The stock has “Market Perform” rating by Leerink Swann on Wednesday, February 7. Citigroup upgraded Gilead Sciences, Inc. (NASDAQ:GILD) rating on Tuesday, January 30. Citigroup has “Buy” rating and $103.0 target. The rating was maintained by Wells Fargo with “Buy” on Monday, January 29.

Since January 2, 2018, it had 0 insider buys, and 18 sales for $39.95 million activity. Shares for $2.37M were sold by Alton Gregg H. 60,000 Gilead Sciences, Inc. (NASDAQ:GILD) shares with value of $4.68 million were sold by WILSON GAYLE E. Washington Robin L had sold 5,000 shares worth $401,566 on Wednesday, February 21. 50,000 shares were sold by MARTIN JOHN C, worth $3.68 million. 100,000 Gilead Sciences, Inc. (NASDAQ:GILD) shares with value of $8.02 million were sold by Meyers James R.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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