State of Wisconsin Investment Board cut its stake in Spirit Aerosystems Holdings Inc. (NYSE:SPR) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,735 shares of the company’s stock after selling 1,600 shares during the period. State of Wisconsin Investment Board owned about 0.07% of Spirit Aerosystems Holdings worth $3,774,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Reinhart Partners Inc. raised its stake in Spirit Aerosystems Holdings by 60.4% in the second quarter. Reinhart Partners Inc. now owns 470,773 shares of the company’s stock valued at $20,243,000 after buying an additional 177,203 shares in the last quarter. Meritage Portfolio Management purchased a new position in shares of Spirit Aerosystems Holdings during the second quarter valued at $4,866,000. Acadian Asset Management LLC increased its position in shares of Spirit Aerosystems Holdings by 94.3% in the second quarter. Acadian Asset Management LLC now owns 125,184 shares of the company’s stock valued at $5,384,000 after buying an additional 60,752 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Spirit Aerosystems Holdings during the second quarter valued at $119,000. Finally, Nordea Investment Management AB increased its position in shares of Spirit Aerosystems Holdings by 379.4% in the second quarter. Nordea Investment Management AB now owns 14,851 shares of the company’s stock valued at $639,000 after buying an additional 11,753 shares during the last quarter.

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

Spirit Aerosystems Holdings Inc. (NYSE:SPR) traded up 0.55% during trading on Monday, reaching $59.02. The company’s stock had a trading volume of 1,465,269 shares. The stock’s 50-day moving average is $51.69 and its 200 day moving average is $46.51. Spirit Aerosystems Holdings Inc. has a 52-week low of $40.03 and a 52-week high of $59.20. The firm has a market capitalization of $7.18 billion, a price-to-earnings ratio of 15.48 and a beta of 1.26.

Spirit Aerosystems Holdings (NYSE:SPR) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.09. Spirit Aerosystems Holdings had a return on equity of 29.92% and a net margin of 7.32%. The firm earned $1.71 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the company posted $0.89 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, analysts predict that Spirit Aerosystems Holdings Inc. will post $4.59 EPS for the current fiscal year.

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Several research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Spirit Aerosystems Holdings from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Wednesday, October 5th. Morgan Stanley reissued a “buy” rating and issued a $57.00 target price on shares of Spirit Aerosystems Holdings in a research note on Monday, August 15th. Vetr downgraded shares of Spirit Aerosystems Holdings from a “strong-buy” rating to a “buy” rating and set a $50.00 target price for the company. in a research note on Wednesday, August 3rd. Barclays PLC reissued a “buy” rating and issued a $55.00 target price on shares of Spirit Aerosystems Holdings in a research note on Thursday, November 3rd. Finally, Credit Suisse Group AG reissued a “buy” rating and issued a $62.00 target price on shares of Spirit Aerosystems Holdings in a research note on Friday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $56.00.

About Spirit Aerosystems Holdings

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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