Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Shares Bought by FNY Investment Advisers LLC

FNY Investment Advisers LLC lifted its holdings in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 100.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,000 shares of the aerospace company’s stock after purchasing an additional 5,000 shares during the quarter. FNY Investment Advisers LLC’s holdings in Spirit AeroSystems were worth $340,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Earnest Partners LLC grew its position in Spirit AeroSystems by 2.6% in the 2nd quarter. Earnest Partners LLC now owns 4,096,268 shares of the aerospace company’s stock valued at $134,644,000 after buying an additional 105,350 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Spirit AeroSystems by 3,996.6% in the third quarter. National Bank of Canada FI now owns 2,500,000 shares of the aerospace company’s stock valued at $81,275,000 after acquiring an additional 2,438,974 shares in the last quarter. Alpine Associates Management Inc. bought a new position in shares of Spirit AeroSystems in the third quarter valued at approximately $77,296,000. Sei Investments Co. raised its holdings in Spirit AeroSystems by 5.5% during the second quarter. Sei Investments Co. now owns 1,686,945 shares of the aerospace company’s stock worth $55,450,000 after purchasing an additional 88,608 shares in the last quarter. Finally, Appian Way Asset Management LP acquired a new stake in Spirit AeroSystems in the second quarter worth approximately $39,969,000. 93.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. StockNews.com began coverage on Spirit AeroSystems in a report on Saturday. They issued a “sell” rating for the company. TD Cowen raised shares of Spirit AeroSystems to a “strong-buy” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Spirit AeroSystems currently has a consensus rating of “Hold” and a consensus target price of $35.67.

Spirit AeroSystems Price Performance

Spirit AeroSystems stock opened at $34.25 on Tuesday. Spirit AeroSystems Holdings, Inc. has a one year low of $25.16 and a one year high of $37.08. The company’s fifty day moving average price is $32.64 and its two-hundred day moving average price is $33.32. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of -2.76 and a beta of 1.81.

Spirit AeroSystems (NYSE:SPR) last issued its quarterly earnings data on Wednesday, October 23rd. The aerospace company reported ($3.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($2.87). The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.83 billion. As a group, sell-side analysts anticipate that Spirit AeroSystems Holdings, Inc. will post -12.64 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.