Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR – Free Report) by 52.3% in the 4th quarter, HoldingsChannel reports. The firm owned 8,827 shares of the aerospace company’s stock after purchasing an additional 3,030 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Spirit AeroSystems were worth $301,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Waldron Private Wealth LLC purchased a new position in shares of Spirit AeroSystems in the 3rd quarter valued at about $32,000. Quest Partners LLC purchased a new position in Spirit AeroSystems in the third quarter worth approximately $49,000. Quarry LP grew its holdings in Spirit AeroSystems by 49.0% during the 2nd quarter. Quarry LP now owns 2,285 shares of the aerospace company’s stock worth $75,000 after acquiring an additional 751 shares in the last quarter. KBC Group NV increased its position in shares of Spirit AeroSystems by 20.1% in the 3rd quarter. KBC Group NV now owns 4,607 shares of the aerospace company’s stock valued at $150,000 after purchasing an additional 771 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in shares of Spirit AeroSystems in the 2nd quarter valued at $207,000. Hedge funds and other institutional investors own 93.59% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently commented on the company. TD Cowen raised Spirit AeroSystems to a “strong-buy” rating in a report on Thursday, December 19th. StockNews.com started coverage on Spirit AeroSystems in a research report on Sunday, January 19th. They set a “sell” rating on the stock. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $35.67.
Spirit AeroSystems Stock Down 0.1 %
Shares of NYSE:SPR opened at $34.23 on Friday. The company has a 50-day moving average price of $33.18 and a 200 day moving average price of $33.33. The company has a market cap of $4.00 billion, a P/E ratio of -2.76 and a beta of 1.81. Spirit AeroSystems Holdings, Inc. has a 52 week low of $25.16 and a 52 week high of $37.08.
Spirit AeroSystems (NYSE:SPR – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The aerospace company reported ($3.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($2.87). The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Analysts expect that Spirit AeroSystems Holdings, Inc. will post -11.88 EPS for the current year.
Spirit AeroSystems Company Profile
Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.
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