California Public Employees Retirement System raised its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 6.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 314,604 shares of the aerospace company’s stock after purchasing an additional 20,104 shares during the period. California Public Employees Retirement System owned 0.27% of Spirit AeroSystems worth $24,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Homrich & Berg grew its position in shares of Spirit AeroSystems by 0.5% in the 2nd quarter. Homrich & Berg now owns 7,325 shares of the aerospace company’s stock worth $424,000 after buying an additional 38 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of Spirit AeroSystems by 6.5% in the 2nd quarter. D.A. Davidson & CO. now owns 5,498 shares of the aerospace company’s stock worth $318,000 after buying an additional 336 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Spirit AeroSystems by 8.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,501 shares of the aerospace company’s stock worth $261,000 after buying an additional 369 shares during the last quarter. Comerica Bank grew its position in shares of Spirit AeroSystems by 8.8% in the 3rd quarter. Comerica Bank now owns 7,484 shares of the aerospace company’s stock worth $602,000 after buying an additional 608 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Spirit AeroSystems by 15.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,915 shares of the aerospace company’s stock worth $284,000 after buying an additional 667 shares during the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.

Shares of Spirit AeroSystems Holdings, Inc. (SPR) opened at $85.38 on Wednesday. The company has a market cap of $9,874.29, a P/E ratio of 17.46, a P/E/G ratio of 1.51 and a beta of 1.16. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.56 and a quick ratio of 0.85. Spirit AeroSystems Holdings, Inc. has a 12 month low of $51.85 and a 12 month high of $85.98.

Spirit AeroSystems (NYSE:SPR) last released its earnings results on Wednesday, November 1st. The aerospace company reported $1.26 EPS for the quarter, hitting analysts’ consensus estimates of $1.26. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Spirit AeroSystems had a net margin of 4.98% and a return on equity of 31.14%. Spirit AeroSystems’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the business earned $1.16 EPS. analysts anticipate that Spirit AeroSystems Holdings, Inc. will post 5.22 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 8th. Investors of record on Monday, December 18th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Friday, December 15th. Spirit AeroSystems’s dividend payout ratio (DPR) is presently 14.08%.

In related news, Director Robert D. Johnson sold 500 shares of Spirit AeroSystems stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $84.13, for a total value of $42,065.00. Following the completion of the sale, the director now directly owns 1,964 shares in the company, valued at approximately $165,231.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Duane F. Hawkins sold 5,000 shares of Spirit AeroSystems stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $83.04, for a total transaction of $415,200.00. Following the completion of the sale, the senior vice president now owns 39,374 shares of the company’s stock, valued at $3,269,616.96. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

A number of research analysts have recently issued reports on SPR shares. Robert W. Baird reaffirmed a “buy” rating and issued a $86.00 price objective on shares of Spirit AeroSystems in a research report on Friday, September 8th. Jefferies Group lifted their price objective on shares of Spirit AeroSystems from $84.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, September 28th. Citigroup reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Spirit AeroSystems in a research report on Tuesday, September 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a $86.00 price objective (up previously from $80.00) on shares of Spirit AeroSystems in a research report on Thursday, September 28th. Finally, ValuEngine downgraded shares of Spirit AeroSystems from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $81.68.

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Spirit AeroSystems Profile

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

Institutional Ownership by Quarter for Spirit AeroSystems (NYSE:SPR)

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