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The State of New Jersey Common Pension Fund D reduces its holdings in Hexcel Co. (NYSE:HXL)

The State of New Jersey Common Pension Fund D reduces its holdings in Hexcel Co. (NYSE:HXL)

According to its most recent filing with the Securities and Exchange Commission, the State of New Jersey Common Pension Fund D decreased its holdings in Hexcel Co. (NYSE: HXL) by 9.1% in the third quarter. This information was provided. This information is derived from the fund’s performance over three months. A total of 4,663 shares of the aerospace company’s stock were sold during the quarter, bringing the fund’s total holdings to 46,442 at the end of the period. The most recent filing that the State of New Jersey Common Pension Fund D made with the SEC indicates that it owns approximately 0.06% of Hexcel, which is currently valued at $2,402,000.

Several other institutional investors and hedge funds have recently adjusted to the positions they currently hold in HXL. These adjustments were made in the most recent period. During the second quarter, Texas Permanent School Fund increased the amount of Hexcel stock owned by 2.1%, bringing its total ownership percentage to 98.4%. The Texas Permanent School Fund increased its holdings in the aerospace company’s stock during the most recent quarter by purchasing an additional 1,273 shares. This brought the total number of shares acquired to 60,750, with a value of $3,178,000.00. A 136.8 percentage point increase in the amount of Hexcel stock that AlphaCrest Capital Management LLC owned as of the end of the second quarter was achieved. AlphaCrest Capital Management LLC now has 17,558 shares of the aerospace company’s stock, valued at $918,000, following the acquisition of an additional 10,143 shares during the most recent quarter. Pinebridge Investments L.P. increased its Hexcel holdings by 487 percent during the year’s second quarter. As a result of the purchase of 487 additional shares during the most recent quarter, Pinebridge Investments L.P. now possesses 587 shares of the aerospace company’s stock, which has a value of $31,000. These shares were acquired during the most recent quarter. Mayflower Financial Advisors LLC purchased an additional stake in Hexcel during the third quarter of the fiscal year. The value of this new holding was close to two hundred sixty thousand dollars. And as a final point of interest, Fifth Third Bancorp increased the total amount it invested in Hexcel by 140.3% during the second quarter. Fifth Third Bancorp increased its holdings in the aerospace company’s stock during the most recent quarter by purchasing an additional 23,743 shares. This brought the total number of shares acquired to 40,672, with a value of $2,128,000. The stock’s total value comprises 97.87% of the holdings that hedge funds and other institutional investors make.

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