Leeward Investments LLC MA Sells 897 Shares of Spire Inc. (NYSE:SR)

Leeward Investments LLC MA decreased its holdings in shares of Spire Inc. (NYSE:SR) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 122,129 shares of the utilities provider’s stock after selling 897 shares during the period. Leeward Investments LLC MA owned approximately 0.23% of Spire worth $7,614,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. AE Wealth Management LLC lifted its stake in Spire by 11.2% during the third quarter. AE Wealth Management LLC now owns 10,325 shares of the utilities provider’s stock worth $584,000 after purchasing an additional 1,041 shares during the last quarter. Hennessy Advisors Inc. lifted its stake in Spire by 1.5% during the third quarter. Hennessy Advisors Inc. now owns 61,791 shares of the utilities provider’s stock worth $3,496,000 after purchasing an additional 900 shares during the last quarter. MBM Wealth Consultants LLC lifted its stake in Spire by 9.1% during the third quarter. MBM Wealth Consultants LLC now owns 3,789 shares of the utilities provider’s stock worth $218,000 after purchasing an additional 317 shares during the last quarter. Raymond James & Associates lifted its stake in Spire by 85.7% during the third quarter. Raymond James & Associates now owns 48,150 shares of the utilities provider’s stock worth $2,724,000 after purchasing an additional 22,216 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in Spire by 5.1% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,325 shares of the utilities provider’s stock worth $301,000 after purchasing an additional 258 shares during the last quarter. Institutional investors own 87.36% of the company’s stock.

Spire Stock Performance

Shares of NYSE:SR traded down $0.35 during midday trading on Friday, hitting $61.40. The company had a trading volume of 360,546 shares, compared to its average volume of 496,977. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.55 and a quick ratio of 0.43. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 2.86 and a beta of 0.51. Spire Inc. has a 12-month low of $53.77 and a 12-month high of $69.99. The company has a fifty day moving average of $60.01 and a two-hundred day moving average of $59.98.

Spire (NYSE:SR) last posted its quarterly earnings data on Thursday, February 1st. The utilities provider reported $1.47 EPS for the quarter, topping the consensus estimate of $1.37 by $0.10. Spire had a return on equity of 8.27% and a net margin of 8.11%. The firm had revenue of $756.60 million during the quarter, compared to analyst estimates of $688.88 million. During the same period in the prior year, the business posted $1.55 EPS. Spire’s revenue was down 7.1% on a year-over-year basis. On average, equities research analysts expect that Spire Inc. will post 4.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other Spire news, Treasurer Adam W. Woodard sold 1,229 shares of the stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $59.58, for a total transaction of $73,223.82. Following the completion of the transaction, the treasurer now owns 1,560 shares of the company’s stock, valued at approximately $92,944.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Spire news, Treasurer Adam W. Woodard sold 1,229 shares of the stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $59.58, for a total transaction of $73,223.82. Following the completion of the transaction, the treasurer now owns 1,560 shares of the company’s stock, valued at approximately $92,944.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joseph B. Hampton sold 1,294 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $58.13, for a total transaction of $75,220.22. Following the transaction, the insider now directly owns 6,768 shares of the company’s stock, valued at approximately $393,423.84. The disclosure for this sale can be found here. 2.86% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. LADENBURG THALM/SH SH assumed coverage on Spire in a report on Friday. They issued a “neutral” rating and a $57.50 price objective on the stock. UBS Group began coverage on Spire in a report on Friday, April 12th. They issued a “buy” rating and a $68.00 price objective on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $65.00 price target on shares of Spire in a report on Tuesday, April 16th. Finally, Mizuho reduced their price target on Spire from $66.00 to $64.00 and set a “buy” rating on the stock in a report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $61.72.

About Spire

Spire Inc, together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas.