D Orazio & Associates Inc. Has $1.68 Million Holdings in Spirit Aerosystems Holdings, Inc. $SPR

D Orazio & Associates Inc. grew its stake in Spirit Aerosystems Holdings, Inc. (NYSE:SPR) by 11.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 44,017 shares of the aerospace company’s stock after buying an additional 4,543 shares during the period. D Orazio & Associates Inc.’s holdings in Spirit Aerosystems were worth $1,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Pentwater Capital Management LP lifted its stake in shares of Spirit Aerosystems by 1.2% in the first quarter. Pentwater Capital Management LP now owns 9,330,000 shares of the aerospace company’s stock valued at $321,512,000 after buying an additional 110,000 shares during the period. Millennium Management LLC raised its holdings in Spirit Aerosystems by 51.9% in the 1st quarter. Millennium Management LLC now owns 2,545,611 shares of the aerospace company’s stock valued at $87,722,000 after acquiring an additional 870,263 shares in the last quarter. TIG Advisors LLC lifted its position in shares of Spirit Aerosystems by 18.3% in the 1st quarter. TIG Advisors LLC now owns 2,057,216 shares of the aerospace company’s stock worth $70,892,000 after acquiring an additional 318,122 shares during the period. AQR Arbitrage LLC lifted its position in shares of Spirit Aerosystems by 73.9% in the 1st quarter. AQR Arbitrage LLC now owns 1,093,536 shares of the aerospace company’s stock worth $37,640,000 after acquiring an additional 464,755 shares during the period. Finally, Magnetar Financial LLC grew its holdings in shares of Spirit Aerosystems by 19.1% during the 1st quarter. Magnetar Financial LLC now owns 1,067,468 shares of the aerospace company’s stock worth $36,785,000 after purchasing an additional 171,561 shares in the last quarter. Institutional investors and hedge funds own 93.59% of the company’s stock.

Wall Street Analysts Forecast Growth

SPR has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Spirit Aerosystems in a research note 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 shares of Spirit Aerosystems from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 9th. One 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $38.63.

Spirit Aerosystems Price Performance

Shares of SPR stock opened at $36.13 on Thursday. The stock’s fifty day simple moving average is $38.49 and its 200 day simple moving average is $38.62. Spirit Aerosystems Holdings, Inc. has a one year low of $27.00 and a one year high of $42.33. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of -1.80 and a beta of 1.70.

Spirit Aerosystems (NYSE:SPR) last released its quarterly earnings data on Friday, October 31st. The aerospace company reported ($4.87) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($4.50). The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same period in the prior year, the company earned ($3.03) EPS. Spirit Aerosystems’s quarterly revenue was up 7.8% on a year-over-year basis. On average, research analysts anticipate that Spirit Aerosystems Holdings, Inc. will post -11.88 earnings per share 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.