As Hexcel New (HXL) Valuation Rose, Holder Alyeska Investment Group LP Increased Stake; American Elec Pwr (AEP) Stock Value Declined While Rare Infrastructure LTD Has Lowered Its Position

April 18, 2018 - By Peter Erickson

Hexcel Corporation (NYSE:HXL) Logo

Rare Infrastructure Ltd decreased its stake in American Elec Pwr Inc (AEP) by 98.98% based on its latest 2017Q4 regulatory filing with the SEC. Rare Infrastructure Ltd sold 506,273 shares as the company’s stock declined 7.09% with the market. The institutional investor held 5,222 shares of the public utilities company at the end of 2017Q4, valued at $385,000, down from 511,495 at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in American Elec Pwr Inc for a number of months, seems to be less bullish one the $33.95B market cap company. The stock increased 0.15% or $0.1 during the last trading session, reaching $68.96. About 1.20M shares traded. American Electric Power Company, Inc. (NYSE:AEP) has risen 1.09% since April 18, 2017 and is uptrending. It has underperformed by 10.46% the S&P500.

Anand Parekh increased its stake in Hexcel Corp New (HXL) by 1797.52% based on its latest 2017Q4 regulatory filing with the SEC. Alyeska Investment Group Lp bought 739,393 shares as the company’s stock rose 3.38% while stock markets declined. The hedge fund run by Anand Parekh held 780,527 shares of the major chemicals company at the end of 2017Q4, valued at $48.28M, up from 41,134 at the end of the previous reported quarter. Alyeska Investment Group Lp who had been investing in Hexcel Corp New for a number of months, seems to be bullish on the $5.91B market cap company. The stock increased 0.81% or $0.53 during the last trading session, reaching $65.97. About 277,150 shares traded. Hexcel Corporation (NYSE:HXL) has risen 21.76% since April 18, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Rare Infrastructure Ltd, which manages about $1.26B US Long portfolio, upped its stake in Nextera Energy Partners Lp (NYSE:NEP) by 26,799 shares to 297,989 shares, valued at $12.85 million in 2017Q4, according to the filing. It also increased its holding in Union Pac Corp (NYSE:UNP) by 269,712 shares in the quarter, for a total of 569,993 shares, and has risen its stake in Transcanada Corp (NYSE:TRP).

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.05, from 1.13 in 2017Q3. It worsened, as 42 investors sold AEP shares while 267 reduced holdings. 96 funds opened positions while 238 raised stakes. 345.12 million shares or 1.09% more from 341.39 million shares in 2017Q3 were reported. Bessemer Grp Inc Inc stated it has 0% in American Electric Power Company, Inc. (NYSE:AEP). M&R Capital Mngmt holds 0.09% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP) for 5,135 shares. Prudential Public Limited holds 33,138 shares or 0.01% of its portfolio. Moreover, Pub Sector Pension Board has 0.01% invested in American Electric Power Company, Inc. (NYSE:AEP). Amica Pension Fund Board Of Trustees stated it has 0.16% in American Electric Power Company, Inc. (NYSE:AEP). Parsons Capital Management Inc Ri has 7,101 shares. Quantitative Mngmt Limited Liability Corporation has invested 0.22% in American Electric Power Company, Inc. (NYSE:AEP). Moreover, Robeco Institutional Asset Management Bv has 0.35% invested in American Electric Power Company, Inc. (NYSE:AEP) for 915,698 shares. Aviance Cap Prtn Limited Liability Company accumulated 5,353 shares. State Of Tennessee Treasury Department holds 0.08% in American Electric Power Company, Inc. (NYSE:AEP) or 247,202 shares. Clearbridge Invests Ltd Liability Company reported 0% stake. Clinton Group Incorporated holds 0.12% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP) for 19,017 shares. One Trading Limited Partnership invested in 0% or 5,175 shares. Alliancebernstein Ltd Partnership reported 0.31% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP). American National Co Tx stated it has 65,115 shares.

Among 20 analysts covering American Electric Power Company Inc. (NYSE:AEP), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. American Electric Power Company Inc. had 74 analyst reports since August 18, 2015 according to SRatingsIntel. Deutsche Bank upgraded American Electric Power Company, Inc. (NYSE:AEP) on Thursday, January 18 to “Buy” rating. The firm earned “Hold” rating on Friday, September 22 by Mizuho. The rating was maintained by SunTrust with “Buy” on Monday, February 12. Barclays Capital maintained it with “Overweight” rating and $68 target in Thursday, April 28 report. The firm has “Buy” rating given on Monday, December 7 by UBS. RBC Capital Markets maintained American Electric Power Company, Inc. (NYSE:AEP) on Monday, October 30 with “Hold” rating. The firm has “Overweight” rating given on Friday, March 18 by Barclays Capital. On Monday, April 16 the stock rating was maintained by Morgan Stanley with “Overweight”. Morgan Stanley maintained American Electric Power Company, Inc. (NYSE:AEP) rating on Thursday, August 10. Morgan Stanley has “Equal-Weight” rating and $73 target. SunTrust maintained the stock with “Buy” rating in Monday, January 8 report.

Analysts await American Electric Power Company, Inc. (NYSE:AEP) to report earnings on April, 26 before the open. They expect $1.00 earnings per share, up 4.17% or $0.04 from last year’s $0.96 per share. AEP’s profit will be $492.30 million for 17.24 P/E if the $1.00 EPS becomes a reality. After $0.85 actual earnings per share reported by American Electric Power Company, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Investors sentiment increased to 1.12 in 2017 Q4. Its up 0.05, from 1.07 in 2017Q3. It improved, 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. Connable Office has 8,743 shares. Boston Private Wealth Ltd Liability Corp reported 5,675 shares stake. Td Asset stated it has 0.08% in Hexcel Corporation (NYSE:HXL). Voloridge Management Ltd Liability Corp has 72,454 shares for 0.1% of their portfolio. Bnp Paribas Asset Management Sa reported 277,441 shares stake. Switzerland-based Robecosam Ag has invested 1.53% in Hexcel Corporation (NYSE:HXL). Nomura Hldgs holds 0% or 4,210 shares in its portfolio. Lenox Wealth Advisors holds 51 shares or 0% of its portfolio. 557,046 are owned by Loomis Sayles Company Ltd Partnership. Virginia Retirement Et Al holds 28,600 shares or 0.02% of its portfolio. First Retail Bank Of Hutchinson has invested 0.5% in Hexcel Corporation (NYSE:HXL). Hanseatic Mgmt Svcs Inc owns 250 shares. Credit Agricole S A reported 34,000 shares or 0.14% of all its holdings. State Board Of Administration Of Florida Retirement System holds 108,392 shares. Baldwin Brothers Ma invested 0.6% in Hexcel Corporation (NYSE:HXL).

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. Canaccord Genuity maintained it with “Hold” rating and $48.0 target in Monday, January 25 report. BB&T Capital initiated the shares of HXL in report on Thursday, December 10 with “Buy” rating. Canaccord Genuity maintained it with “Hold” rating and $62 target in Monday, October 23 report. The firm earned “Buy” rating on Thursday, January 25 by Stephens. On Friday, January 26 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. On Monday, January 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. Credit Suisse maintained the shares of HXL in report on Wednesday, December 13 with “Hold” rating. Goldman Sachs downgraded Hexcel Corporation (NYSE:HXL) rating on Monday, January 4. Goldman Sachs has “Neutral” rating and $52 target. KeyBanc Capital Markets maintained Hexcel Corporation (NYSE:HXL) on Friday, September 1 with “Buy” rating. As per Wednesday, August 9, the company rating was maintained by Cowen & Co.

Alyeska Investment Group Lp, which manages about $3.14B and $11.65 billion US Long portfolio, decreased its stake in Martin Marietta Matls Inc (NYSE:MLM) by 58,173 shares to 7,831 shares, valued at $1.73M in 2017Q4, according to the filing. It also reduced its holding in Xenon Pharmaceuticals Inc by 200,000 shares in the quarter, leaving it with 249,284 shares, and cut its stake in Tesaro Inc (NASDAQ:TSRO).

Hexcel Corporation (NYSE:HXL) Institutional Positions Chart

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