Spirit Aerosystems Holdings, Inc. $SPR Stake Raised by XTX Topco Ltd

XTX Topco Ltd raised its holdings in Spirit Aerosystems Holdings, Inc. (NYSE:SPR) by 70.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,047 shares of the aerospace company’s stock after acquiring an additional 12,438 shares during the quarter. XTX Topco Ltd’s holdings in Spirit Aerosystems were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in shares of Spirit Aerosystems by 48.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,029 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 334 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Spirit Aerosystems by 33,966.7% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,022 shares of the aerospace company’s stock worth $39,000 after buying an additional 1,019 shares in the last quarter. Maryland State Retirement & Pension System bought a new stake in Spirit Aerosystems during the second quarter worth approximately $207,000. Russell Investments Group Ltd. grew its position in Spirit Aerosystems by 48.0% in the first quarter. Russell Investments Group Ltd. now owns 6,061 shares of the aerospace company’s stock worth $209,000 after buying an additional 1,967 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Spirit Aerosystems in the first quarter valued at $211,000. Institutional investors own 93.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SPR. Weiss Ratings reissued a “sell (d-)” rating on shares of Spirit Aerosystems in a research note on Wednesday, October 8th. Wall Street Zen raised Spirit Aerosystems from a “strong sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Zacks Research raised Spirit Aerosystems from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $38.63.

Spirit Aerosystems Stock Up 1.5%

Shares of NYSE:SPR opened at $36.66 on Friday. The company’s fifty day moving average is $37.58 and its two-hundred day moving average is $38.59. The company has a market cap of $4.31 billion, a P/E ratio of -1.83 and a beta of 1.70. Spirit Aerosystems Holdings, Inc. has a 12-month low of $27.00 and a 12-month high of $42.33.

Spirit Aerosystems (NYSE:SPR) last issued its quarterly earnings results on Friday, October 31st. The aerospace company reported ($4.87) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($4.50). The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.92 billion. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned ($3.03) EPS. Equities 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.