Flinton Capital Management LLC bought a new position in shares of Spirit Aerosystems Holdings, Inc. (NYSE:SPR) during the fourth quarter, Holdings Channel reports. The institutional investor bought 37,744 shares of the company’s stock, valued at approximately $2,202,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. New York State Teachers Retirement System increased its position in shares of Spirit Aerosystems Holdings by 1.7% in the fourth quarter. New York State Teachers Retirement System now owns 11,700 shares of the company’s stock worth $683,000 after buying an additional 200 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Spirit Aerosystems Holdings by 62.1% in the fourth quarter. Renaissance Technologies LLC now owns 962,000 shares of the company’s stock worth $56,133,000 after buying an additional 368,500 shares in the last quarter. Pacad Investment Ltd. boosted its stake in shares of Spirit Aerosystems Holdings by 61.2% in the fourth quarter. Pacad Investment Ltd. now owns 10,800 shares of the company’s stock worth $630,000 after buying an additional 4,100 shares in the last quarter. Allianz Asset Management AG boosted its stake in shares of Spirit Aerosystems Holdings by 69.2% in the fourth quarter. Allianz Asset Management AG now owns 578,051 shares of the company’s stock worth $33,730,000 after buying an additional 236,347 shares in the last quarter. Finally, Bayesian Capital Management LP boosted its stake in shares of Spirit Aerosystems Holdings by 78.3% in the fourth quarter. Bayesian Capital Management LP now owns 26,409 shares of the company’s stock worth $1,541,000 after buying an additional 11,600 shares in the last quarter.

Institutional Ownership by Quarter for Spirit Aerosystems Holdings (NYSE:SPR)

Spirit Aerosystems Holdings, Inc. (NYSE:SPR) traded up 0.28% during trading on Thursday, reaching $57.83. The company’s stock had a trading volume of 962,081 shares. The firm’s 50-day moving average is $57.79 and its 200-day moving average is $51.97. The stock has a market cap of $7.03 billion, a P/E ratio of 15.64 and a beta of 1.33. Spirit Aerosystems Holdings, Inc. has a 52-week low of $41.27 and a 52-week high of $61.55.

Spirit Aerosystems Holdings (NYSE:SPR) last announced its quarterly earnings data on Wednesday, February 1st. The company reported $1.03 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.03. The company earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Spirit Aerosystems Holdings had a return on equity of 29.36% and a net margin of 6.91%. Spirit Aerosystems Holdings’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 EPS. Equities research analysts forecast that Spirit Aerosystems Holdings, Inc. will post $4.82 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 10th. Stockholders of record on Monday, March 20th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, March 16th. Spirit Aerosystems Holdings’s payout ratio is 10.84%.

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A number of brokerages have weighed in on SPR. J P Morgan Chase & Co cut Spirit Aerosystems Holdings from an “overweight” rating to a “neutral” rating and boosted their price target for the stock from $61.00 to $67.00 in a research report on Friday, December 9th. Zacks Investment Research cut Spirit Aerosystems Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, January 5th. RBC Capital Markets began coverage on Spirit Aerosystems Holdings in a research report on Thursday, January 12th. They issued an “underperform” rating and a $55.00 price target for the company. SunTrust Banks, Inc. began coverage on Spirit Aerosystems Holdings in a research report on Thursday, January 19th. They issued a “hold” rating and a $61.00 price target for the company. Finally, Vertical Group cut Spirit Aerosystems Holdings from a “buy” rating to a “hold” rating in a research report on Monday, October 31st. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $58.61.

In related news, Director John L. Plueger acquired 2,000 shares of the firm’s stock in a transaction dated Tuesday, December 13th. The stock was bought at an average price of $59.49 per share, for a total transaction of $118,980.00. Following the acquisition, the director now directly owns 2,000 shares of the company’s stock, valued at $118,980. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is owned by company insiders.

Spirit Aerosystems Holdings Company Profile

Spirit AeroSystems Holdings, Inc is a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus SAS (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems.

5 Day Chart for NYSE:SPR

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