Trending Stock News

Timucuan Asset Management Has Decreased Its Hexcel (HXL) Position by $8.32 Million; Share Price Rose; Seaboard (SEB) Holder Knightsbridge Asset Management Upped Holding

Seaboard Corporation (NYSEAMERICAN:SEB) Logo

Timucuan Asset Management Inc decreased its stake in Hexcel Corporation (HXL) by 8.07% based on its latest 2018Q1 regulatory filing with the SEC. Timucuan Asset Management Inc sold 129,971 shares as the company’s stock rose 5.37% while stock markets declined. The hedge fund held 1.48 million shares of the major chemicals company at the end of 2018Q1, valued at $95.69 million, down from 1.61M 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 $6.35 billion market cap company. The stock decreased 0.14% or $0.1 during the last trading session, reaching $71. About 314,677 shares traded. Hexcel Corporation (NYSE:HXL) has risen 39.29% since June 15, 2017 and is uptrending. It has outperformed by 26.72% the S&P500. Some Historical HXL News: 26/03/2018 Hexcel and Arkema Join Forces in Thermoplastic Composite Solutions for Aerospace; 23/04/2018 – Hexcel Backs 2018 Accrual Basis Capital Expenditures of $170 Million to $190 Million; 23/04/2018 – HEXCEL 1Q ADJ EPS 68C, EST. 65C; 23/04/2018 – Hexcel Declares Quarterly Dividend; 23/04/2018 – HEXCEL SEES FY ADJ EPS $2.96 TO $3.10, EST. $3.03; 19/04/2018 – Hexcel 2Q EPS 67c; 19/04/2018 – HEXCEL CORP HXL.N SEES FY 2017 SALES ABOUT $2.0 BLN; 23/04/2018 – Hexcel Backs 2018 Adj EPS $2.96-Adj EPS $3.10; 23/04/2018 – Hexcel 1Q Adj EPS 68c; 19/04/2018 – Hexcel Sees FY Sales $2B

Knightsbridge Asset Management Llc increased its stake in Seaboard Corp (SEB) by 19.83% based on its latest 2018Q1 regulatory filing with the SEC. Knightsbridge Asset Management Llc bought 443 shares as the company’s stock declined 2.53% with the market. The institutional investor held 2,677 shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $11.42M, up from 2,234 at the end of the previous reported quarter. Knightsbridge Asset Management Llc who had been investing in Seaboard Corp for a number of months, seems to be bullish on the $4.65B market cap company. The stock increased 0.73% or $28.99 during the last trading session, reaching $3973.99. About 202 shares traded. Seaboard Corporation (NYSEMKT:SEB) has risen 2.53% since June 15, 2017 and is uptrending. It has underperformed by 10.04% the S&P500. Some Historical SEB News: 22/04/2018 – DJ Seaboard Corporation, Inst Holders, 1Q 2018 (SEB); 02/05/2018 – Seaboard Corporation Report Of Earnings And Dividend Declaration; 02/05/2018 – Seaboard Corp 1Q Net $32M; 21/03/2018 – Fourth Nor’easter in a month strikes the Eastern Seaboard; 02/04/2018 – Seaboard Closes Below 200-Day Moving Average: Technicals; 02/05/2018 – Seaboard Corp 1Q EPS $26.75; 23/03/2018 – SEABOARD FOODS DARWIN SAND AS CEO

Analysts await Hexcel Corporation (NYSE:HXL) to report earnings on July, 23. They expect $0.76 EPS, up 13.43% or $0.09 from last year’s $0.67 per share. HXL’s profit will be $68.00M for 23.36 P/E if the $0.76 EPS becomes a reality. After $0.68 actual EPS reported by Hexcel Corporation for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

Timucuan Asset Management Inc, which manages about $1.01B and $1.32 billion US Long portfolio, upped its stake in Us Foods Holding Corporation by 1.16M shares to 2.72M shares, valued at $89.14 million in 2018Q1, according to the filing.

Investors sentiment decreased to 0.93 in 2018 Q1. 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. Tci Wealth reported 377 shares. Hsbc Public Ltd Company owns 140,328 shares for 0.01% of their portfolio. 6,065 were reported by Citigroup. Peak6 Invs LP owns 0.01% invested in Hexcel Corporation (NYSE:HXL) for 24,073 shares. First Natl Bank Of Hutchinson holds 0.54% of its portfolio in Hexcel Corporation (NYSE:HXL) for 13,350 shares. Hanseatic, a New Mexico-based fund reported 228 shares. Counselors Of Maryland Lc reported 2,915 shares stake. Walleye Trading Ltd Liability Co invested in 0% or 9,987 shares. Tdam Usa owns 34,707 shares for 0.14% of their portfolio. Gam Holding Ag stated it has 0.03% of its portfolio in Hexcel Corporation (NYSE:HXL). Kornitzer Capital Mgmt Ks invested in 280,664 shares. Symphony Asset Limited Liability has 0.09% invested in Hexcel Corporation (NYSE:HXL). Wesbanco Financial Bank Inc holds 65,996 shares or 0.22% of its portfolio. Prudential Financial reported 0% stake. Hm Mgmt Ltd Llc accumulated 0.54% or 10,383 shares.

Since January 4, 2018, it had 1 insider purchase, and 4 insider sales for $5.08 million activity. Stanage Nick L also sold $1.74 million worth of Hexcel Corporation (NYSE:HXL) on Monday, January 8. Merlot Thierry had sold 9,215 shares worth $608,053 on Tuesday, May 1. $101,683 worth of Hexcel Corporation (NYSE:HXL) was bought by GRAVES JEFFREY A.

Among 17 analysts covering Hexcel (NYSE:HXL), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Hexcel had 48 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained Hexcel Corporation (NYSE:HXL) rating on Friday, July 7. Jefferies has “Hold” rating and $5200 target. Canaccord Genuity maintained Hexcel Corporation (NYSE:HXL) rating on Thursday, September 28. Canaccord Genuity has “Hold” rating and $54.0 target. The stock has “Hold” rating by Jefferies on Tuesday, April 24. On Wednesday, January 24 the stock rating was maintained by Jefferies with “Hold”. The stock of Hexcel Corporation (NYSE:HXL) has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. Jefferies maintained Hexcel Corporation (NYSE:HXL) rating on Friday, May 26. Jefferies has “Hold” rating and $5200 target. Deutsche Bank maintained Hexcel Corporation (NYSE:HXL) on Tuesday, August 4 with “Buy” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Tuesday, April 24. On Friday, September 1 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Buy” rating by Deutsche Bank on Monday, December 5.

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *