Spirit Aerosystems Holdings, Inc. $SPR Shares Acquired by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its stake in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR) by 277.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 272,000 shares of the aerospace company’s stock after buying an additional 200,001 shares during the quarter. MUFG Securities EMEA plc owned about 0.23% of Spirit Aerosystems worth $10,377,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPR. Farther Finance Advisors LLC grew its stake in Spirit Aerosystems by 48.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,029 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 334 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Spirit Aerosystems by 33,966.7% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,022 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 1,019 shares during the period. Maryland State Retirement & Pension System acquired a new stake in shares of Spirit Aerosystems during the second quarter worth about $207,000. Russell Investments Group Ltd. boosted its position in Spirit Aerosystems by 48.0% in the first quarter. Russell Investments Group Ltd. now owns 6,061 shares of the aerospace company’s stock valued at $209,000 after buying an additional 1,967 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in Spirit Aerosystems in the 1st quarter worth approximately $211,000. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on SPR shares. Susquehanna lifted their price objective on shares of Spirit Aerosystems from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Spirit Aerosystems in a research report on Wednesday, October 8th. Zacks Research raised shares of Spirit Aerosystems from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Finally, Wall Street Zen upgraded Spirit Aerosystems from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Spirit Aerosystems has an average rating of “Hold” and an average price target of $38.63.

Spirit Aerosystems Stock Performance

Shares of Spirit Aerosystems stock opened at $36.73 on Friday. The firm has a 50-day simple moving average of $39.38 and a two-hundred day simple moving average of $38.51. Spirit Aerosystems Holdings, Inc. has a fifty-two week low of $27.00 and a fifty-two week high of $42.33. The company has a market cap of $4.31 billion, a P/E ratio of -1.83 and a beta of 1.70.

Spirit Aerosystems (NYSE:SPR) last announced its quarterly earnings results on Friday, October 31st. The aerospace company reported ($4.87) earnings per share for the quarter, missing the consensus estimate of ($0.37) by ($4.50). The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.92 billion. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted ($3.03) EPS. Equities research analysts forecast that Spirit Aerosystems Holdings, Inc. will post -11.88 EPS for the current year.

About Spirit Aerosystems

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.